MEXICO CITY, July 17 (Reuters) - Mexican

telecommunications giant America Movil's Chilean

venture ClaroVTR will be fully capitalized by the end of the

year, America Movil CFO Carlos Garcia Moreno said in an earnings

call on Wednesday.

In June, America Movil acquired a dominant stake in cable

and mobile phone operator ClaroVTR, which had been shared

equally with Liberty Latin America ( LILA ) . America Movil will

transform the convertible notes it holds in ClaroVTR into shares

to obtain a controlling interest of around 91%.