Tuesday, December 7, 2021

Logo Central America Link

Millicom gets green light for Colombia merger

Monday, August 4, 2014


Emerging markets telecoms and media group Millicom said it had received final regulatory approval for a deal in Colombia to combine its mobile business with the fixed-line business of Empresas Publicas de Medellin.

The deal, announced a year ago, will give Millicom a foothold in fixed broadband and TV in the South American country, areas that are important to its growth strategy.

Millicom said in a statement it would work with EPM to complete the deal and appoint directors and officers of the merged company.


Source: Reuters