![\"\"](\"\/\/www.iser-br.com\/Themes\/Release\/images\/responsive\/ettelecom-default.jpg\")
By Cassandra Garrison
<\/strong>
MEXICO CITY: Mexican telecoms firm America Movil<\/a>, controlled by the family of billionaire Carlos Slim, said Wednesday it would combine its Chilean operations with Liberty Latin America<\/a> in a joint venture, lifting their shares as markets saw hints of 5G progress.
The transaction combines the complementary operations of Claro Chile<\/a>, the Chilean subsidiary of America Movil, and VTR, Liberty Latin America's provider of high-speed products like broadband and Pay TV<\/a>, the companies said in a joint statement.
The joint venture \"will enable significant investment for fixed fiber footprint expansion and to be at the forefront of 5G mobile delivery,\" it said.
America Movil's shares gained more than 1.7% after the announcement before paring gains, while Liberty Latin America rose 3.2%.
Analysts saw the deal as beneficial for America Movil.
\"In our opinion the transaction is positive given that this alliance will serve for the deployment of investments involving FTTH<\/a> (Fiber to the Home) and 5G, in a market that is particularly competitive,\" Mexico's Banorte said in a note.
America Movil said in February that Mexico, its core market, would have 5G options by the end of the year.
The transaction excludes all telecommunication towers owned indirectly by America Movil in Chile, the statement said.
America Movil is planning to spinoff some of its nearly 37,000 Latin American towers into a new company. The proposal is due to be presented to shareholders later on Wednesday.
America Movil and Liberty Latin America said the new venture was expected to generate estimated run-rate synergies of more than $180 million, with 80% expected within three years of completion.
Liberty will contribute net debt of 1.095 billion Chilean pesos ($1.5 billion) and America Movil with 259 billion Chilean pesos ($0.4 billion). Liberty will make a balancing payment to America Movil of 73 billion Chilean pesos ($0.1 billion).
The closing is expected to be complete by the second half of 2022, the statement said. Leadership of the new joint venture will be agreed prior to closing.
A spokesman for America Movil declined to comment further on the deal.
The companies will need to seek regulatory approvals for the joint venture.
<\/body>","next_sibling":[{"msid":86632547,"title":"Eutelsat confirms rejection of telecoms tycoon Drahi's takeover bid","entity_type":"ARTICLE","link":"\/news\/eutelsat-confirms-rejection-of-telecoms-tycoon-drahis-takeover-bid\/86632547","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":86632681,"entity_type":"ARTICLE","title":"America Movil, Liberty Latin America plan joint venture, markets cheer","synopsis":"The transaction combines the complementary operations of Claro Chile, the Chilean subsidiary of America Movil, and VTR, Liberty Latin America's provider of high-speed products like broadband and Pay TV, the companies said in a joint statement.","titleseo":"telecomnews\/america-movil-liberty-latin-america-plan-joint-venture-markets-cheer","status":"ACTIVE","authors":[],"analytics":{"comments":0,"views":172,"shares":0,"engagementtimems":743000},"Alttitle":{"minfo":""},"artag":"Reuters","artdate":"2021-09-30 07:13:00","lastupd":"2021-09-30 07:24:17","breadcrumbTags":["america movil","liberty latin america","claro chile","pay tv","ftth","5G services","Industry","telecom news"],"secinfo":{"seolocation":"telecomnews\/america-movil-liberty-latin-america-plan-joint-venture-markets-cheer"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2021-09-30" data-index="article_1">
- Telecom乐动扑克News
- 2分钟阅读
墨西哥美洲电信公司、自由拉美合资计划,市场欢呼
结合了克拉洛雪茄烟智利的互补的业务事务,智利墨西哥美洲电信公司的子公司,和录像机,拉丁美洲的自由提供高速宽带和付费电视等产品,公司在一份联合声明中表示。
读到
卡桑德拉的驻军
墨西哥:墨西哥电信公司墨西哥美洲电信公司由亿万富翁卡洛斯•斯利姆家族控制,周三表示,将结合其智利操作拉丁美洲自由在一家合资企业,提升他们的股票市场看到提示5 g的进步。
事务结合互补的业务克拉洛雪茄烟智利智利,墨西哥美洲电信公司的子公司,录像机,自由拉丁美洲的高速宽带等产品和供应商付费电视,这两家公司在一份联合声明中表示。
合资企业”将使重大投资固定纤维足迹扩张和前沿的5 g移动交付,”它说。
墨西哥美洲电信公司股价上涨逾1.7%,此前宣布之后缩减涨幅,而拉丁美洲自由上升了3.2%。
分析师认为该交易有利于墨西哥美洲电信公司。
”在我们看来事务是正因为这个联盟将为投资涉及的部署FTTH(光纤到户)和5克,尤为激烈的市场,”墨西哥Banorte在一份报告中称。
墨西哥美洲电信公司在2月份表示,墨西哥,其核心市场,今年年底前5 g选项。
事务排除所有电信塔由墨西哥美洲电信公司拥有间接在智利,声明说。
墨西哥美洲电信公司正计划剥离它的一些近37000拉美塔到一个新的公司。这个提议将提交给股东周三晚些时候。
墨西哥美洲电信公司和自由拉丁美洲表示,新公司将产生超过1.8亿美元的协同效应估计运行率,80%的人预计在三年内完成。
自由将净债务10.95亿智利比索(约合15亿美元),与2590亿年墨西哥美洲电信公司智利比索(约合04亿美元)。自由将平衡支付墨西哥美洲电信公司730亿年智利比索(约合01亿美元)。
关闭预计将完成到2022年下半年,该声明说。新的合资公司将领导同意之前关闭。
墨西哥美洲电信公司的一位发言人拒绝进一步置评。
公司需要寻求监管批准的合资企业。
评论
现在评论 阅读评论(1)所有评论
找到这个评论进攻?
下面选择你的理由并单击submit按钮。这将提醒我们的版主采取行动