Millicom reveals its plans with the purchase of Movistar, will it merge with Tigo?

The multinational Millicom International Cellular SA, based in Luxembourg, confirmed that this February 6 it will formally take control of Movistar,...

Millicom reveals its plans with the purchase of Movistar, will it merge with Tigo?

TL;DR

  • Millicom International Cellular SA, based in Luxembourg, will formally take control of Movistar.
  • The takeover is scheduled for February 6th.