América Móvil's tower company increased its revenues from infrastructure rental by 17%, driven by a 6% increase in the number of individual contracts. Brazil remains the main market for the operator, which has presence in 16 countries in the region and a portfolio of 36,201 towers.

Total revenues for Sitios Latinoamérica (Sites, América Móvil's tower company) in the third quarter of 2024 reached US$195 million, with an increase of 13.7% compared to the same quarter in 2023.

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Sitios Latinoamérica revenues grow 13.7% yoy due to agreement growth

América Móvil's tower company increased its revenues from infrastructure rental by 17%, driven by a 6% increase in the number of individual contracts. Brazil remains the main market for the operator, which has presence in 16 countries in the region and a portfolio of 36,201 towers.

MORE ANALYSIS

Growing enthusiasm in Brazil’s data center market

Estimates foresee that within three years it could double its current capacity, although this will require resolving several issues such as state taxes, digital sovereignty, and the cost of electricity.

Presidential elections signal a second round

Voting takes place this Sunday the 16th. Ruling-party candidate Jeannette Jara leads the polls, but not by enough to avoid a runoff. The real fight is on the right, among three candidates. Polls suggest that whoever tops that group will win on December 14.

Court declares Oi bankrupt

This marks the end of the judicial reorganization process under bankruptcy proceedings. The key factor was the operator’s insolvency, with an “irreversible” state of unsustainability.

After the buying rally, Millicom reports strong third-quarter results

Revenue totaled US$ 1.42 billion, showing a slight decrease of 0.7% compared to a year earlier, but operating profit grew by more than 30%, and adjusted EBITDA increased by 18.7%. The quarter ended with 42.2 million mobile customers and 13.7 million RGUs.

In a challenging environment, Liberty Latin America manages to sustain its revenue and improve margins

Revenue grew 2% year over year in the third quarter of 2025. Net income was positive at US$ 3 million, compared to a negative US$ 436 million last year. During the period, the company added more than 101,000 new postpaid mobile accounts, driven by growth in Costa Rica.

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