America Movil restructures Chile business after Liberty Latin America buy-out-March 2024-www.financetom.com

America Movil restructures Chile business after Liberty Latin America buy-out

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America Movil restructures Chile business after Liberty Latin America buy-out

Jul 28, 2025 2:49 PM

MEXICO CITY, July 28 (Reuters) - Mexican

telecommunications giant America Movil will overhaul

its operations in Chile, it said on Monday, after it took full

control of the unit in a share purchase from Liberty Latin

America ( LILA ).

America Movil and Liberty Latin America ( LILA ) announced in 2021

they were launching the Chilean joint venture, combining America

Movil's Claro Chile and Liberty's VTR to form ClaroVTR. America

Movil took a 91% stake in the firm last year.

It now holds total control in ClaroVTR after exercising a

call option on the remaining shares, America Movil said in a

filing.

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