News
14 March 2025

Millicom acquires Colombian telecoms operator

In:
Telecoms and Communications
Region:
Americas

Millicom has confirmed a sale-purchase agreement with Telefonica for a controlling stake in Colombia Telecomunicaciones. The purchase price for Telefonica's 67.5% equity share was previously listed as $400 million. Millicom has also agreed to offer to purchase the remaining 32.5% owned by other...

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