On August 8 2022, América Móvil completed its towerco carve-out, to allow its commercialisation to third parties. Just over a month later, on September 29, 2022, the newly formed tower company, Sitios Latinoamérica was listed on the Mexican Stock Exchange and could begin operating as an independent towerco. The new company will operate under a trade name “Sites”, but how independent will it be, and how will its impact the LATAM industry?
A changing region
In recent years, operators have been launching spin offs of their passive telecom infrastructure to free up capital and allow them to focus on core operations.
