Tag #Millicom

Showing 1 to 6 of 6 results

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Uruguay Government Approves Sale of Telefónica Móviles to Millicom for $440 Million

The Uruguayan government authorized the sale of its 100% stake in Telefónica Móviles Uruguay to Millicom for $440 million, marking Telefónica's fifth sale in Latin America as part of its regional divestment strategy.

Progress

20% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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Telefónica Loses $60 Million in Interest in Millicom Legal Dispute

A New York court ruling reduced Telefónica's compensation in its lawsuit against Millicom for breach of contract regarding the sale of its Costa Rican subsidiary, impacting Telefónica's finances by approximately $60 million in lost interest. The dispute stems from Millicom's 2020 failure to complete...

Progress

32% Bias Score

Decent Work and Economic Growth
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🌐 75% Global Worthiness
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Millicom's Acquisition of Movistar Colombia: A Duopoly Emerges

Millicom (Tigo) is buying a 67.5% stake in Movistar Colombia from Telefónica for $367 million, creating a potential duopoly with Claro and raising concerns about spectrum allocation and regulatory changes.

Progress

36% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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Telefónica Sells Ecuadorian Subsidiary to Millicom for $380 Million

Telefónica sold its Ecuadorian subsidiary, Telefónica Ecuador (Movistar), to Millicom for $380 million, marking Telefónica's fifth Latin American divestment and strengthening Millicom's regional presence. The sale is subject to regulatory approval.

Progress

36% Bias Score

Reduced Inequality
cincodias.elpais.com
🌐 75% Global Worthiness
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Telefónica Sells Uruguayan Mobile Subsidiary for $440 Million

Telefónica sold its 100% stake in its Uruguayan mobile subsidiary to Millicom for $440 million, marking its fourth Latin American divestment as part of a strategy to reduce regional exposure and improve financial standing; the sale is subject to regulatory approval.

Progress

44% Bias Score

Decent Work and Economic Growth
cincodias.elpais.com
🌐 75% Global Worthiness
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Telefónica Sells Coltel Stake to Millicom for $400 Million

Telefónica sold 67.5% of its Colombian subsidiary, Coltel, to Millicom for $400 million, aiming to reduce its Latin American presence, while Millicom plans to acquire the remaining shares to enhance its market position and boost Colombia's digital inclusion.

Progress

36% Bias Score

Reduced Inequality

Showing 1 to 6 of 6 results