HomeBusiness & MoneyTIGO acquires Telefónica Ecuador for $380M (TIGO:NASDAQ)

TIGO acquires Telefónica Ecuador for $380M (TIGO:NASDAQ)


Millicom International Cellular S.A. (TIGO) has successfully acquired Telefónica’s telecommunications operations in Ecuador for $380M.

The deal marks a significant step in the company’s strategy to bolster its presence in South America. Announced on October 30, 2025, this acquisition follows Millicom’s previous purchase



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