Telesites approved but declared dominant player
América Móvil’s towerco to start trading on December 21
Since the creation of Telesites back in 2014, TowerXchange have been looking closely at the evolution of América Móvil’s tower venture, from the carve-out of the carrier’s 10,000+ towers to the towerco’s recent registration on the Mexican Stock Exchange. In this article, we take a closer look at the implications of Telesites business in Mexico and beyond and whether the towerco is proving to be a fair competitor to the likes of American Tower and Mexico Tower Partners.
“Agente Económico Preponderante” means dominant player. An expression we’ve all heard several times over the past few months linked to América Móvil and its position in the Mexican telecom industry as declared by the Federal Telecommunications Institute (IFT) back in 2014.