Tag: Millicom

Millicom sells towers in El Salvador to SBA
Global

Millicom sells towers in El Salvador to SBA

Sweden’s Millicom International Cellular S.A. said its subsidiary Telemovil El Salvador S.A. de C.V. has agreed to sell up to approximately 800 wireless communications towers to a subsidiary of SBA Communications Corporation in El Salvador. The company said in a statement that as a result of the transaction, Tigo El […]

Millicom exits Rwanda to sell unit to Bharti Airtel
Global

Millicom exits Rwanda to sell unit to Bharti Airtel

Another telecom exit has now being confirmed as Millicom announced today that it has signed an agreement for the sale of its Rwanda operations to subsidiaries of Bharti Airtel Limited. The total consideration of the transaction is approximately 6x 2017 adjusted EBITDA, payable over two years, consisting of a mix […]

Millicom, Bharti Airtel complete merger in Ghana
Global

Millicom, Bharti Airtel complete merger in Ghana

As a follow up update to their proposed merger in Ghana, Millicom and Bharti Airtel have completed the transaction. In a statement released by Millicom, the company said: Millicom International Cellular S.A. (“Millicom”), the parent company of mobile operator Tigo Ghana Limited, announced today it has completed the transaction announced […]