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 …

SENEGAL > Senegal’s Wari Group to acquire Tigo from Luxembourg’s Millicom for $129Mn

6691163_300x300 Senegal based Wari Group is set to acquire Tigo’s business in Senegal from Luxembourg based Millicom for $129Mn. The transaction is subject to customary closings and regulatory approvals. About Tigo Tigo is a telecommunications company that provides mobile telecommunications services in Senegal. It was launched in 1999. Tigo offers pre-paid and post-paid plans; VIP services; and roaming and Internet services. Tigo More …