A roundup of tower news across Central and Latin America
Mexico: American Tower seals deal with Mexican fibre firm
American Tower signed a deal to acquire KIO Networks’ Mexican subsidiary for an approximate US$500mn. KIO Networks owns over 50,000 concrete poles and 3,300km of fibre optic lines across Mexico’s key cities.
Mexico: Canadian Tower One to acquire Mexican infrastructure firm
Tower One Wireless has signed a letter of intent for the acquisition of an undisclosed Mexican tower company. According to Tower One’s press release the deal is for a Mexican-based tower company, which owns, builds and leases cellular towers to the telecom industry in Mexico, includes a master lease agreement with AT&T.