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Millicom agrees new deal to sell Tigo Senegal to investors

2017-07-31 08:37:00| Telecompaper Headlines

(Telecompaper) Millicom said it has exercised its right to terminate its agreement to sell its Tigo operations in Senegal to Wari Group for USD 129 million. Separately, the company also announced that it has signed an agreement to sell its Senegal operations to a consortium consisting of NJJ, Sofima (telecom investment vehicle managed by the Axian Group) and Teyliom Group, subject to customary closing conditions and regulatory approvals.

Tags: to sell deal investors

Category:Telecommunications

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