Millicom (Tigo) and SBA Communications agree to long-term partnership in Central America
Millicom International Cellular S.A. (TIGO)
Last millicom international cellular s.a. earnings: 5/1 04:01 pm
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Source: GlobeNewswire
Millicom (Tigo) and SBA Communications agree to long-term partnership in Central America Luxembourg, October 28, 2024 – Millicom International Cellular S.A. (NASDAQ: TIGO) announces today that it has entered into an agreement with SBA Communications Corporation (NASDAQ: SBAC) to sell and leaseback a tower portfolio of approximately 7,000 towers in Guatemala, Honduras, Panama, El Salvador and Nicaragua for a total consideration of approximately $975 million, plus an earn-out contingent on achieving certain financial performance metrics. In addition, the parties have agreed to enter into a build-to-suit agreement under which SBA Communications will build up to 2,500 additional sites, further solidifying the partnership. Marcelo Benitez, Chief Executive Officer of Millicom, commented, “We are pleased to partner with SBA Communications in this landmark tower transaction, a key element of Millicom’s strategy? to unlock shareholder value. By monetizing non-c
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TIGO
News
- Millicom (Tigo) share repurchase activityGlobeNewswire
- Millicom (Tigo) share repurchase activityGlobeNewswire
- Millicom (Tigo) updates on the conditions for its ongoing share repurchase activityGlobeNewswire
- Millicom (Tigo) share repurchase activityGlobeNewswire
- Millicom (Tigo) updates on Interim Dividend and intended SDR delisting from Nasdaq Stockholm [Yahoo! Finance]Yahoo! Finance
TIGO
Earnings
- 11/7/24 - Miss
TIGO
Sec Filings
- 12/17/24 - Form 6-K
- 12/12/24 - Form 6-K
- 12/10/24 - Form 6-K
- TIGO's page on the SEC website