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América Móvil Agrees to Buy WOW Peru

Regulatory approval would give Claro nationwide fiber reach, raising its fixed‑broadband share enough to top the Peruvian market.

Overview

  • América Móvil said it signed an agreement on July 21, 2026 for its unit América Móvil Perú to acquire 100% of WOW from Liberty Latin America and Narvik Capital Partners.
  • The transaction remains conditional on customary closing steps, with approval from Peru’s competition regulator Indecopi the key near‑term hurdle.
  • WOW operates a fast‑grown fiber‑to‑the‑home network across all 24 regions of Peru and reports roughly 500,000 customers, with most expansion concentrated outside Lima.
  • Regulator data cited in the press show the deal would lift Claro’s national fixed‑internet share from about 26.7% to roughly 38.9%, which would make Claro the market leader if the sale is cleared.
  • The purchase price was not disclosed and the deal fits América Móvil’s recent strategy of building regional fiber scale through acquisitions, a move that could speed high‑speed broadband rollout in Peru’s provinces and raise competition scrutiny.