Latin American telecoms company América Móvil has agreed to acquire 100 percent of WOW Tel S.A.C., a Peruvian operator specializing in fiber optic Internet services, in a deal aimed at expanding its telecommunications infrastructure and strengthening its position in the country’s fixed-broadband market.. The acquisition will be carried out through América Móvil Perú S.A.C., the company’s subsidiary in Peru, which will purchase all of WOW’s shares from Liberty Latin America and Narvik Capital Partners..
The transaction is nearing completion and remains subject to the customary conditions for this type of deal, including approval from the National Institute for the Defense of Competition and the Protection of Intellectual Property (Indecopi).. Terms of the deal were not shared.. WOW has established itself as one of Peru’s leading alternative fiber-optic operators thanks to a strategy focused on deploying FTTH networks outside the Lima metropolitan area..
The integration of its infrastructure will enable América Móvil to expand the coverage of its Claro brand, strengthen its converged offering, and accelerate the rollout of high-speed broadband services in regions where fiber penetration continues to rise.. América Móvil currently has 13.3 million mobile customers across Peru, and around 1.1 million broadband customers.
Wow currently has around 500,000 broadband subscribers.. The acquisition coincides with the release of América Móvil’s second-quarter 2026 financial results, which reflect sustained growth in its connectivity business.. For Q2, between April and June, the operator reported revenue of $13.84 billion, up 3.1 percent YoY..
The company highlighted the strong performance of fiber-optic subscriptions and value-added services in several of its Latin American markets, a trend that supports its strategy of continuing to invest in telecommunications infrastructure.. This piece was automatically translated from DCD’s Spanish site and edited by a member of DCD staff..
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