What do we know about Telesites?
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What do we know about Telesites?

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América Móvil’s spin-off towerco will initially manage and market 10,800 Mexican towers

A form 6-K filed by América Móvil to the U.S. SEC revealed several details of the structure of their new carve out towerco Telesites. We combine insights gleaned from that submission, together with press coverage and TowerXchange’s own research with other stakeholders in the Mexican tower industry to provide this summary.

Why is América Móvil spinning off a towerco?

América Móvil cites the usual motivations to spin off their towers; coverage is no longer a competitive differentiator; the capex required to meet data demand drives the impetus to share; and, given the relatively low penetration of fixed line infrastructure in CALA, the criticality of mobile networks in facilitating broadband access and services has already prompted several MNOs in the region to sell a total of over 30,000 towers in recent years.


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