Mexico's America Movil says tower spin off expected in 3rd-qtr

viernes 17 de julio de 2015 10:38 GYT

MEXICO CITY, July 17 (Reuters) - Mexico's America Movil expects the spin off of its towers into a new company Telesites to happen in the third quarter, executives said on a conference call on Friday.

The company, controlled by billionaire Carlos Slim, said that it was still waiting for some regulatory approvals.

(Reporting by Christine Murray and Max de Haldevang)