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Millicom to sell and lease back 1,400 towers to American Tower in Paraguay for US$125m

Connectivity BusinessbyConnectivity Business
April 26, 2017
in Investments, Strategy and Markets
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Emerging markets-focused Millicom will divest an estimated 1,400 towers from its Telefonica Celular del Paraguay subsidiary to American Tower for PG700bn (US$125.3m) in cash. The two companies have also inked a long-term… Emerging markets-focused Millicom (STO:MIC) will divest an estimated 1,400 towers from its Telefonica Celular del Paraguay subsidiary to American Tower for PG700bn (US$125.3m) in cash. Through the transaction, Millicom –  operating under the brand Tigo Paraguay – […]

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Tags: Airtel GhanaAmerican TowerBharti AirtelLatin AmericaMillicomMTNOrangePremiumTelefonica Celular del ParaguayTF255TigoVodafoneWari Group
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