0
Wireless

Telcel to pay MXN 3.7 bln per year to Telesites - report

Tuesday 21 April 2015 | 16:37 CET | News
Mexican telecoms operator Telcel will have to pay approximately MXN 3.7 billion per year to telecoms infrastructure firm Telesites to rent telecoms towers across Mexico, La Cronica de Hoy reports, citing a study by local brokerage firm Accival Casa de Bolsa. On 17 April, shareholders of America Movil approved the company's plans to spin off some of its mobile infrastructure in Mexico into the new company Telesites, which would be listed separately on the stock market. America Movil aims to complete the spin-off by May or June, the company's CEO Daniel Hajj previously said during a conference

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Companies: Telcel
Countries: Mexico
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Mexico waives Telesites institutional approval

Published 02 Oct 2015 11:21 CET | Mexico
Mexico's Federal Telecommunications Institute (IFT) has decided that Telesites, the recently spun off towers business of America ...

Telefonica, Telesites negotiating Mexico tower deal – report

Published 08 Sep 2015 16:10 CET | Mexico
Telefonica is discussing the possibility of renting mobile phone towers from Telesites, the recently spun off towers business of ...

America Movil to raise MXN 21 bln from Opsimex issuances

Published 13 Jul 2015 09:58 CET | Mexico
America Movil is hoping to raise up to MXN 21 billion from Certificados Bursatiles (stock certificates) issued via Opsimex, the ...

Telcel launches shared mobile data service

Published 23 Jun 2015 15:51 CET | Mexico
Mexican mobile telephony operator Telcel, owned by America Movil, has launched a service dubbed 'Internet Compartido' ('Shared ...

AT&T, America Movil close to reaching tower deal - report

Published 16 Jun 2015 09:12 CET | Mexico
AT&T is working on an agreement to rent wireless towers from Telesites, the recently spun off Mexican towers business of America ...

IFT to analyse Telesites spin-off

Published 28 Apr 2015 15:05 CET | Mexico
Mexico's Federal Telecommunications Institute (IFT) will analyse the recently approved spin-off of America Movil's ...

Telesites to dominate Mexico telecoms towers market

Published 20 Apr 2015 15:18 CET | Mexico
Telesites, the new telecoms infrastructure firm to be created by Mexican telecoms giant America Movil will have a market share of ...

America Movil shareholders approve Telesites spin-off

Published 20 Apr 2015 09:10 CET | Mexico
Shareholders of America Movil approved the company's plans to spin off some of its mobile infrastructure in Mexico into the new ...

America Movil to name tower business Telesites

Published 07 Apr 2015 15:23 CET | Mexico
America Movil said that the new company which will include mainly passive infrastructure used by its Mexican mobile unit Telcel ...

America Movil proposes Mexican towers spin-off

Published 01 Apr 2015 20:17 CET | Mexico
America Movil announced that it will propose a spin-off of assets relating to its mobile telephony business in Mexico to ...

America Movil to complete mobile towers spin-off by June

Published 12 Feb 2015 15:48 CET | Mexico
Mexico's America Movil aims to complete a planned asset sale and a spin-off of its mobile telephony towers by May or June, the ...





Calendar   /   Industry Events

19 Oct Tele2 Q3 2021
19 Oct A1 Telekom Austria Q3 2021
19 Oct Iridium Q3 2021
19 Oct Netflix Q3 2021
19 Oct America Movil Q3 2021
19 Oct Ericsson Q3 2021
19 Oct Pixel Fall Launch
19 Oct Arm DevSummit
20 Oct Verizon Q3 2021
20 Oct Crown Castle Q3
20 Oct Elisa Q3 results
20 Oct Bango strategy day
20 Oct Samsung Unpacked Part 2
21 Oct Telenor Q3 2021
21 Oct Digi Q3 2021
21 Oct Grameenphone Q3 2021
21 Oct Orange Belgium Q3 2021
21 Oct Intel Q3
21 Oct Telia Q3 results
21 Oct Snap Q3
21 Oct AT&T Q3 2021
22 Oct Doro Q3 results
25 Oct Facebook Q3
25 Oct Dtac Q3 2021
25 Oct Calix Q3 2021
26 Oct F5 Networks fiscal Q4
26 Oct SK hynix Q3
26 Oct Orange group Q3 2021
26 Oct MediaTek Q3
26 Oct Twitter Q3 2021
::: More Calendar Items