Millicom has announced the closure of the transaction to acquire the remaining 20% interest in Telecomunicaciones Digitales, S.A. reflecting an exercise of the founders’ liquidity option as provided for in the Shareholders’ Agreement, which was entered into in 2018. 

Telecomunicaciones Digitales, formerly known as Cable Onda S.A. or Tigo Panama, is a multinational company that provides mobile services, internet and cable television in 9 countries in Latin America, including Panama.