Thursday, 22 October 2020
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Sweden’s Kinnevik to divest itself of Millicom

Milllicom has announced that Swedish investment company Kinnevik intends to divest its shareholding in the Latin America-focused telecommunications group, operating under the TIGO brand, through a public offering and a distribution to Kinnevik's shareholders. The investment company is currently Millicom’s largest shareholder and will offer...

Liberty Latin America abandons bid for Millicom

Liberty Latin America has abandoned its approach for Millicom International Cellular after it reportedly failed to secure enough support from its rival’s management. Liberty said in a statement that it “has terminated conversations with Millicom . . . regarding a potential transaction. The Company remains focused on its growth...

The Implications in Costa Rica Of A Liberty Latin America and Millicom Merger

Costa Rica's cable television, IP telephony, and cellular phone market could be concentrated in the hands of a few with the recent news of a possible merger between Liberty Latin America, that recently purchased a major stake in Cabletica and Millicom, which operates in...

Sutel Approves Purchase of Cabletica

At the end of June it was confirmed that the Superintendence of Telecommunications (Sutel) approved the purchase of Cabletica by Liberty Latin America. Simultaneously, the regulator gave the green light to Telecable's purchase of a fiber optic network in Guanacaste from SAL Telecommunications Technicians. Liberty Latin...

Liberty Latin America to Acquire Controlling Interest in Cabletica

Liberty Latin America, the newly split-off unit of Liberty Global focused on Latin America and the Caribbean, has announced an agreement to acquire 80% of Costa Rican cable operator Cabletica. Cabletica is valued at an enterprise value of around US$250 million dollars, a multiple of...

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