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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.

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Millicom acquires Telefónicas operations in Panama, Costa Rica and Nicaragua

2019-02-20 19:40:14| Digital TV News

Millicom has announced that it has entered into agreements with Telefónica to acquire the entire share capital of Telefónica Móviles Panamá, Telefónica de Costa Rica and Telefonía Celular de Nicaragua for a combined enterprise value of $1,650 million.

Tags: operations costa rica costa rica

 
 

Liberty Latin America ends talks over Millicom acquisition

2019-01-23 09:02:00| Telecompaper Headlines

(Telecompaper) Millicom has a total of around 53 million customers under the Tigo brand across nine Latin American countries and the African countries of Chad and Tanzania. The Luxembourg-based company reported revenues up 0.3 percent to USD 1.5 billion in the third quarter of 2018, with organic service revenue growth in its main Latin American business up 4.7 percent.  

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Liberty Latin America terminates discussions with Millicom

2019-01-22 22:30:37| Digital TV News

Liberty Latin America (NASDAQ: LILA and LILAK, OTC Link: LILAB) has announced that it has terminated conversations with Millicom International Cellular regarding a potential transaction.

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Liberty Latin America confirms bid to acquire Millicom

2019-01-15 08:58:00| Telecompaper Headlines

(Telecompaper) Liberty Latin America, the recently spun-off unit of Liberty Global focused on Latin America and the Caribbean, has confirmed an initial approach for rival Millicom, a Luxembourg-based company present in 13 countries in Latin America and Africa. Millicom had earlier announced that it had received a "preliminary highly conditional non-binding proposal" for all of its shares from Liberty Latin America, adding that "there is no certainty that a transaction will materialise."

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