AMX Acquires Controlling Interest in ClaroVTR

America Movil (AMX) will acquire a controlling interest in ClaroVTR, its joint venture with Liberty Latin America, subject to approval from the Chilean National Economic Prosecutor’s Office. The two providers combined their Chilean operations into a JV in 2022, but going forward AMX will control approximately 91% of equity, LLA 9%. David Hajj, CEO of AMX, expects to close the deal in Q3, establishing “a converged connectivity provider” in Chile.