Tigo Senegal denies Wari stuck to payment plan for US$129m acquisition
Tigo Senegal has hit back at Wari, publicly refuting the Senegalese money transfer firm’s claim that it had made payments on time ...
Tag: Wari Group
Wari challenges Millicom on terminated US$129m Tigo Senegal acquisition
Senegalese financial services firm Wari is reportedly planning legal action against Millicom after US$129m plans to buy its Tigo Senegal mobile unit were scrapped. Wari disputes claims that it ...
Xavier Niel group swoops in for Tigo Senegal as sale to local firm Wari is scrapped
A consortium including serial telecoms investor Xavier Niel has snatched Millicom’s Senegalese mobile operator from local financial services firm Wari, which had agreed ...
Millicom to sell and lease back 1,400 towers to American Tower in Paraguay for US$125m
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 ...
Bharti Airtel and Millicom combine Ghanaian units to improve financial flexibility
Bharti Airtel’s unit in Ghana has merged with Millicom International Cellular’s local subsidiary to create the country’s second largest operator, overthrowing Vodafone’s place ...
Millicom to sell Tigo Senegal to Wari following a surge of African M&A rumours
Emerging markets-focused Millicom has become the first telecoms group to dispose of an asset in Africa this year after agreeing to sell Tigo ...
