Tag Archives: Acquisition

Millicom cancels Telefonica’s operations acquisition agreement in Costa Rica

Millicom officially reported last May 2nd its decision to cancel Telefonicas operations acquisition agreement in Costa Rica, valued at USD 570 million and reached on February 20th, 2019. The company justified its determination supporting that, according to the agreement ran with Telefonica, in case of finding pending issues on the required regulatory conditions, as of [...]

Millicom finishes its Telefonica’s acquisition in Nicaragua

Millicom announced that it has completed the acquisition of Telefónica Nicaragua mobile operations, the first of the three subsidiaries of the Spanish company that it bought last February together with the Panamanian and Costa Rican ones. The transaction was valued at USD 437 million With the acquisition, Tigo is adding about 4 million customers to [...]