News
20 August 2025

Millicom agrees $520m acquisition of ColTel shares from EPM

In:
Telecoms and Communications
Region:
Americas

Millicom (Tigo) has reached an agreement to acquire shares in ColTel from Empresas Públicas de Medellín (EPM) for $520 million.The deal advances a merger of Millicom’s local unit Tigo-UNE and Colombia Telecomunicaciones (ColTel). In March, Millicom agreed to acquire a 67.5% stake...

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