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Tigo, EPM strike merger agreement in Colombia

2013-07-23 08:14:00| Telecompaper Headlines

(Telecompaper) Millicom, which operates under the Tigo brand name, and Colombian operator Empresas Publicas de Medellin (EPM), have reached an agreement on the structure and key terms for the combination of their respective mobile, TV, broadband and telephony businesses. Through the proposed combination of UNE and Tigo Colombia, EPM and Millicom expect to create a convergent operator, offering mobile, broadband at home and on the move, pay-TV and fixed services. The integrated company would have over 8.4 million connections with households and mobile customers.

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