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Millicom acquires Telefonica's Panama, Costa Rica and Nicaragua units for USD 1.65 bln

2019-02-21 08:56:00| Telecompaper Headlines

(Telecompaper) Millicom has announced an agreement to acquire Telefonica's mobile telecommunications assets in Panama, Costa Rica and Nicaragua for a total of USD 1.65 billion in cash. The transaction is subject to customary closing conditions, including regulatory approval in each market, and is expected to close in the second half of 2019.

Tags: costa units usd rica

Category:Telecommunications

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