American Tower to acquire 2,500 Mexican towers – Mobile World Live

American Tower to acquire 2,500 Mexican towers

13 DEC 2011

American Tower, the US mobile tower operator, has acquired around 2,500 towers in Mexico from Telefonica-owned subsidiary Pegaso PCS for US$500 million. American Tower expects to complete the acquisition of the majority of the towers by the end of the year, subject to regulatory approval and closing conditions. American Tower CEO James Taiclet said the acquisition nearly doubles the company’s Mexican portfolio.

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Tim Ferguson

Tim joined Mobile World Live in August 2011 and works across all channels, with a particular focus on apps. He came to the GSMA with five years of tech journalism experience, having started his career as a reporter... More

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