
Millicom to acquire Telefónica's Colombian unit for $400m
Telefónica continues to slim down its Latin America footprint
Telefónica continues to slim down its Latin America footprint
But will it be enough to change Millicom's stance?
Telefónica has confirmed talks are ongoing
The board has previously said that Atlas' bid undervalues the business
But will it be enough for a full buyout?
Atlas already owns a 29 percent stake in the company
Already owns a 29 percent stake
KKR will lease the towers back to Tigo
Lati is expected to incorporate over 10,000 telecom towers
Billionaire takes 19.6 percent stake in telco
Millicom has confirmed the talks are taking place
The operator is aiming to plug coverage gaps and boost its fiber service