Spin-off - AMERICA MOVIL SAB DE CV/
Form Type: 20-F/A
Filing Date: 2025-04-10
Corporate Action: Spin-off
Type: Update
Accession Number: 000119312525077049
Filing Summary: This document details various transactions and financial adjustments associated with America Movil, whereby key highlights include the spin-off of assets to Sitios Latam including 29,090 telecommunications towers valued at Ps. 50,880,804. It also covers multiple disposals related to telecommunications towers in Peru and the Dominican Republic. The company has concluded various business combinations, including the acquisition of assets from Grupo Oi, Jonava, and Ustore in Brazil. Discontinued operations pertaining to joint ventures in Panama and Chile, as well as the ClaroVTR joint venture, are significant parts of the report. The summary contains revaluation adjustments and recognizes the surplus from asset transfers, indicating active strategic maneuvers concerning infrastructure and market positioning in telecommunications.
Additional details:
Construction In Progress: includes fixed and mobile network installations, satellite and fiber optic developments
Disposals Peru: sale of 2,980 telecommunications towers on March 30, 2023
Disposals Dominican Republic: sale of 1,388 telecommunications towers on February 3, 2023
Disposals Claro Panama: included in discontinued operations
Business Combination: acquisition of Assets of Grupo Oi, Jonava and Ustore in Brazil
Discontinued Operations: related to Panama and Chile
Spin Off Description: involves transfer of telecommunications towers to Sitios Latam
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