A roundup of tower news across Central and Latin America
Mexico: Carlos Slim to sell minority stake of Telesites?
Citing sources familiar with the matter, Reuters reports that Carlos Slim is considering the sale of a minority stake in Telesites. According to the news outlet, talks have started with private equity firms and other funds for the divestment of a portion of his 61% stake in the towerco.
Mexico: Axtel sells towers to American Tower
Axtel, a Mexican telecom operator, has agreed to sell 142 towers to American Tower for US$56mn in a sale and leaseback transaction. The deal should be concluded by the end of 2017.