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Wireless

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

Thursday 21 February 2019 | 08:56 CET | News
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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Categories: Mobile & Wireless
Companies: America Movil / Cable Onda / Millicom / Movistar Costa Rica / Movistar Panama / Telefonica
Countries: Costa Rica / Nicaragua / Panama
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