America Movil's Claro open to further acquisitions in Brazil after Desktop deal

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Reuters

Thu, April 23, 2026 astatine 10:36 AM CDT 1 min read

SAO PAULO, April 23 (Reuters) - Telecom relation Claro, owned by Mexico's America Movil, is ‌open to caller deals successful Brazil pursuing ‌its precocious announced acquisition of net supplier Desktop.

"We analyse each ​the options that travel our way," Claro's Brazil CEO Rodrigo Marques told reporters successful Sao Paulo connected Thursday. "But we don't bargain conscionable thing for the ‌sake of buying. ⁠It has to beryllium related to our customers' needs."

Claro announced past period a ⁠deal to bargain a 73% involvement successful Desktop for an endeavor worth of 4 cardinal reais ($808.93 ​million), with ​a basal equity ​price of astir 2.4 ‌billion reais aft deducting the Brazilian firm's nett debt.

Marques noted that the woody inactive requires support from antitrust watchdog CADE and telecom regulator Anatel, which helium expects could beryllium granted by the ‌end of the year.

The enforcement ​said the Desktop acquisition was ​driven by the ​company's beardown beingness successful Sao Paulo ‌state, Brazil's astir populous ​and economically significant, ​while noting that Claro is unfastened to deals crossed the state arsenic it operates ​nationwide.

America Movil is ‌controlled by the household of Mexican billionaire ​Carlos Slim.

($1 = 4.9448 reais)

(Reporting by Luciana Magalhaes; ​Editing by Gabriel Araujo)

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