Radar > 222514

América Móvil will create a new company in May 2015

América Móvil creará una nueva empresa en mayo de 2015

Intel ID : 222514
Synopsis

América Móvil, a Mexico-based telecommunications company, plans to create a new company in May 2015, which will operate in the infrastructure rental segment. In addition, the company will close its towers' business (11,000 telecommunication towers), close to the founding date of the new company.

According to América Móvil's general manager Daniel Hajj, this transaction would be independent from the sale of assets, intended to reduce their market share to less than 50%. AT&T and Telefónica España have shown interest in acquiring these assets. (see related radars)
(content in spanish)

La compañía mexicana de telecomunicaciones América Móvil, se plantea crear una nueva empresa en mayo de 2015 para competir en el negocio de arrendamiento de infraestructura. Además, escindirá su negocio de torres (11.000 torres de telecomunicaciones) en una fecha aproximada a la de la creación de la empresa.

Según el director general de la compañía, Daniel Hajj, esta operación sería independiente a la venta de activos que se podría llevar a cabo en la empresa para disminuir su participación de mercado por debajo del 50%. Las empresas AT&T y Telefónica España se han mostrado interesadas en la compra de esos activos. (Ver radares relacionados).

Bidder


Intel ID 222514
Value ND
Native Currency US Dollar (USD)
Exchange Rate:
Financial Data - América Móvil
(31 Dec 2014)
Revenue: EUR 727,97m
Net Debt: EUR 452,80m
Exchange Rate:
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Bidder

Name
verified
Subsector (Old TTR Sectors)
Technology and Telecoms / Telecoms (Primary)
Primary Sector (TTRSC)
60.02.03 Wireless Communications Services
60 Telecommunications / 60.02 Telecommunications & Networking Services

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Date Title Type Intel Grade Country Subsector  

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verified Verified: Confirmed as a party to an active or possible transaction.

potential Potential: Unconfirmed as a party to an active or possible transaction.

retained Retained: Confirmed as “Retained” with a general or specific mandate.

prospect Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.

Transactional data is continuously updated by the research team and therefore is subject to change.