Millicom International Cellular has successfully concluded a tender offer to acquire Telefónica's controlling 67.5% stake in Colombia Telecomunicaciones S.A. (Coltel) for USD 214.4 million, with closing expected on February 6, 2026. The acquisition aims to strengthen Colombia's telecommunications sector by creating a financially solid operator with greater scale and investment capacity for fiber and 5G infrastructure deployment.

Millicom (Tigo) has successfully concluded a tender offer to acquire Telefónica's 67.5% controlling stake in Colombia Telecomunicaciones S.A. (Coltel) for USD 214.4 million, with closing expected on February 6, 2026. The acquisition aims to strengthen Colombia's telecommunications sector by creating a financially solid operator with capacity for network upgrades, fiber, and 5G deployment. Millicom is also awaiting Phase 2 of privatization to acquire remaining shares around April.

Millicom International Cellular has successfully won a public auction to acquire 100% of EPM's remaining shares in UNE EPM Telecommunicaciones S.A. (Tigo Colombia) for approximately COP 2.1 trillion (USD 571 million). The acquisition consolidates Millicom's ownership to nearly 100% and is expected to close on January 29, 2026, allowing the company to streamline operations and accelerate strategic integration in Colombia.

Millicom has won a public auction to acquire 100% of EPM's remaining shares in UNE EPM Telecomunicaciones S.A. (Tigo Colombia) for approximately COP 2.1 trillion (USD 571 million). The acquisition consolidates Millicom's ownership to nearly 100% and is expected to close on January 29, 2026, allowing the company to streamline operations and accelerate strategic integration in Colombia.

Millicom has acquired Telefónica's telecommunications operations in Ecuador for $380 million, expanding its South American presence and entering a new market with strong digital service potential.

Telefónica Celular del Paraguay, a Millicom subsidiary, plans to redeem $150 million of its 5.875% Senior Unsecured Notes due in 2027, with redemption set for September 15, 2024.

Millicom has reached a strategic agreement with EPM to advance its acquisition strategy in Colombia, committing to present an offer in EPM's Law 226 sale process for Tigo-UNE shares, with a potential total consideration of approximately $520 million.

Millicom has reached a strategic agreement with EPM to advance its acquisition strategy in Colombia, potentially merging Tigo-UNE and Colombia Telecomunicaciones, with a minimum share price of COP$418,741 representing approximately USD $520 million.

Millicom reported Q2 2025 revenue of $1.37 billion, record adjusted EBITDA of $641 million, and net profit of $676 million. The company completed a partial infrastructure transaction with SBA, generating over $500 million in proceeds and announced a $2.50 per share interim dividend.

Millicom plans to announce its Q2 2025 financial results on August 7, 2025, via a press release and video conference for the global financial community, with details on joining the event and investor interaction options.

Millicom, a leading provider of telecommunications services in Latin America, has signed an agreement to acquire Telefónica's operations in Ecuador for $380 million. This acquisition strengthens Millicom's strategic position and operating scale in the region, enhancing its geographic diversification and growth potential.

Millicom (Tigo) has signed an agreement to acquire Telefónica's telecommunications operations in Ecuador for $380 million, strengthening its presence in South America and expanding into a stable, dollarized economy with favorable macroeconomic conditions.