América Móvil to acquire Peru’s WOW Tel
América Móvil, S.A.B. de C.V. announced that it has entered into a share purchase agreement with Liberty Latin America Ltd. and Narvik Capital Partners PTE.
Rhea-AI Filing Summary
América Móvil, S.A.B. de C.V. announced that it has entered into a share purchase agreement with Liberty Latin America Ltd. and Narvik Capital Partners PTE. Ltd. to acquire, through its subsidiary América Móvil Perú S.A.C., 100% of the shares of WOW Tel S.A.C. (WOW) in Peru.
Completion of the WOW Peru acquisition is subject to customary closing conditions, including regulatory approval by the National Institute for the Defense of Competition and Protection of Intellectual Property (INDECOPI). WOW provides fixed telecommunications services via fiber-optic connectivity in various regions of Peru, mainly outside Lima. América Móvil includes standard cautionary language regarding forward-looking statements related to this transaction.
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Key Figures
Key Terms
National Institute for the Defense of Competition and Protection of Intellectual Property (INDECOPI) regulatory
forward-looking statements regulatory
fiber-optic connectivity technical
FAQ
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