Announced

América Móvil to acquire an additional 41% stake in ClaroVTR from Liberty Latin America.

Synopsis

América Móvil, a Mexican telecommunications corporation and mobile network operator, agreed to acquire an additional 41% stake in ClaroVTR, a Chilean telecommunications company, from Liberty Latin America, a telecommunications company. Financial terms were not disclosed. “We are excited about the prospects of ClaroVTR. Our strong partnership with Liberty Latin America helped establish a converged connectivity provider that serves customers with world-class products and services. We look forward to the prospects of this business,” Daniel Hajj, América Móvil CEO.

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