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General

Millicom pledges further USD 750 mln Panama investment by 2024

Wednesday 11 September 2019 | 11:38 CET | News
Millicom intends to build on last year's USD 1 billion acquisition of Cable Onda and this year's USD 650 million acquisition of Telefonica Panama (Movistar) by investing a further USD 750 million to build up its Tigo brand in Panama over the next 5 years. In a statement, Millicom said it has already spent over USD 2 billion to enter the Panama market and is beginning to integrate the Cable Onda and Movistar teams into "a seamless customer-centric company to expand digital highways in Panama".

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Categories: General
Companies: Cable Onda / Millicom / Movistar / Telefonica / Tigo
Countries: Panama
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