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

IDB: Brazil, Mexico and Costa Rica lead the way to leverage new rules in the global chip value chain

The report highlights that the integration of the region’s countries depends on maintaining good relations with the United States and offering a favorable environment for investors. There are opportunities in the design, packaging and testing segments, as well as in supplying raw materials.

Pressed by weak results, Nokia relaunches with a renewed focus on AI

33 operators now offer differentiated connectivity services

The newly released Ericsson Mobility Report 2025 indicated that these CSPs have 65 commercial proposals. Another 53 proposals are in the testing phase. The focus is on network slicing to provide differentiated connectivity services through 5G SA networks.

FTTH rollout accelerates in the region

According to the latest report from the Fiber Broadband Association, the number of subscriptions is already around 70 million, with sustained investments from both traditional operators and infrastructure players.

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