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.
