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Bharti Airtel to acquire Millicom's operations in Rwanda

2017-12-19 09:02:00| Telecompaper Headlines

(Telecompaper) Bharti Airtel has agreed to acquire Tigo Rwanda from Millicom. The acquisition will consolidate the Rwandan telecom market and position Airtel as a strong number two, after market leader MTN. The consideration for the transaction values Tigo Rwanda at 6x adjusted EBITDA for 2017, payable over two years.

Tags: operations acquire rwanda airtel

Category:Telecommunications

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