PARAGUAY > Millicom International Cellular S.A’s wholly owned subsidiary Telefónica Celular del Paraguay SA (Tigo) has acquired three of 2x5MHz spectrum in the 700MHz band at a total cost of $36.325 million in Paraguay

Millicom logo The wholly owned subsidiary of Millicom International Cellular S.A. (“Millicom”), Telefónica Celular del Paraguay SA (Tigo), has acquired three of the seven available blocks of 2x5MHz spectrum in the 700MHz band at a total cost of $36.325million, plus certain social and network coverage obligations. According to Jose Perdomo, General Manager of Tigo Paraguay: “This new spectrum will allow us to cost-effectively More …