America Movil agrees to acquire Peru broadband provider Wow
America Movil agreed to acquire Peruvian fixed broadband provider Wow from Liberty Latin America and its partners, according to Developing Telecoms.
TL;DR
- America Movil agreed to acquire Wow in Peru.
- Liberty Latin America and its partners are the sellers.
- The deal targets Peru's fixed fibre broadband market.
America Movil agreed to buy Wow, a fixed broadband provider in Peru. Developing Telecoms reported the agreement and said the transaction would expand America Movil's position in Peru's broadband sector.
Liberty Latin America and its partners agreed to sell Wow to America Movil. The source did not state a transaction value, closing date, or regulatory timetable.
The reported rationale is Peru's growing fibre broadband market. The source described Wow as a Peruvian fixed broadband provider and did not provide subscriber numbers, network coverage, or financial terms.
Related questions
- Who is selling Wow to America Movil?
- Which country does Wow operate in?
- What part of the telecom market does this deal target?
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