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CALA news

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A roundup of tower news across Central and Latin America

Mexico: Telesites’ share price drops 15% since launch

Telesites started trading on December 21 on the Bolsa Mexicana de Valores (BMV) and registered a price drop of approximately 15% during its first week of trade. As of January 4, its share price was MXN$11.24 but it touched lows of MXN$11.03 on

December 28. For the next twelve months, analysts estimate target prices ranging between MXN$7 and MXN$16.65.

Mexico: American Tower MLA with AT&T, which represents more than half Mexican revenues

In their Q3 2015 webcast, American Tower revealed that they had signed a long term MLA with AT&T in Mexico which extends the old Iusacell and Nextel agreements to 14 years and guarantees minimum levels of new business from the AT&T rollout. 


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