NasdaqGS:TIGOWireless Telecom
Millicom Chile Deal With NJJ Adds Scale And Future Ownership Option
Millicom International Cellular and NJJ have acquired Telefonica's operations in Chile, expanding Millicom's reach in South America.
The deal gives Millicom operational control in Chile from day one through a partnership and structured financial arrangement.
The transaction includes an option for Millicom to buy NJJ's stake in the future, aligning with its capital allocation plans.
For investors tracking NasdaqGS:TIGO, this Chile acquisition sits alongside a share price of $65.71 and multi...