
SBA Communications snaps up 7,000 towers from Millicom for $975m
In a sale and leaseback deal
In a sale and leaseback deal
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
But falls short of a $500m target
Expected to raise $500 million
Operator aims to boost mobile service for rural areas
Aims to improve the efficiency of current networks
Millicom has confirmed the talks are taking place
The operator is aiming to plug coverage gaps and boost its fiber service