Millicom and Apollo end discussions

Latin American service provider Millicom has ended discussions about a potential sale of the company to Apollo Global Management. The company originally confirmed it was in talks with Apollo in January. Las November, French media entrepreneur Xavier Niel, owner of the Free platform in France via his Iliad Telecom group, which also owns operators in […]

Xavier Niel takes stake in Latin America’s Millicom

French telecoms and media entrepreneur Xavier Niel has taken a 7% stake in Latin America service provider Millicom. Niel, the owner of France’s Iliad Group, with operations in France, Poland and Italy, acquired the stake through Atlas Investissement, owned by his investment vehicle NJJ Holding. Atlas Investissment said that it saw Millicom as “an attractive […]

Paramount+ partners with Millicom for Latin America expansion

ViacomCBS streaming outfit Paramount+ has teamed up with Latin American and Caribbean cable and mobile service provider Millicom, which operates under the Tigo brand, to take its premium content to its cable subscribers in Costa Rica, Honduras and Bolivia. Tigo customers, including subscribers to its One tv service, will be able to access the Paramount+ […]

Liberty Latin America terminates Millicom talks

Cable, fixed telecom and mobile operator Liberty Latin America has terminated its talks with regional telco Millicom about a potential purchase of the operator. In a brief statement, Liberty Latin America said it “remains focused on its growth strategy to deliver value for shareholders and provide market leading products and services to its customers”. Millicom […]

Liberty Latin America makes move on Millicom

Liberty Latin America has made a conditional non-binding offer to buy 100% of mobile and cable operator Millicom, which operates across nine Latin American markets and in Chad and Tanzania in Africa, principally though the Tigo brand. Luxembourg-headquartered and NASDAQ and Stockholm-listed Millicom operates subsidiaries and JVs providing mobile services to about 51 million customers, […]

AT&T reportedly mulling sale of Latin American pay TV operations

AT&T is reportedly mulling a possible sale of its pay TV assets in Latin America to help pay down the debt incurred from its planned acquisition of Time Warner, leading to speculation that Liberty Global or Telefónica could emerge as potential buyers. Reuters, citing unnamed sources, reported at the end of last week that AT&T […]

LatAm pay TV subscriber numbers to reach 83.6m

The number of pay TV subscribers in Latin America is tipped to climb from 72.02 million by end-2016 to 83.56 million by 2021, according to new research. The Digital TV Research report claims that Latin America’s top two pay TV operators will account for nearly half the region’s pay TV subscribers by the end of […]

Netflix agrees LatAm partnership with Millicom

Netflix has signed a partnership deal with Millicom that will see its app pre-loaded on phones for Tigo mobile customers in Latin America. Millicom’s Tigo and TigoUNE customers will find the Netflix app preloaded on Android smartphones. Customers who buy select TigoSmart mobile and TigoStar residential plans will also receive a prepaid Netflix subscription as part […]

Former MTG boss steps down from Millicom to ‘return to media’

Former MTG boss Hans-Holger Albrecht is stepping down from his current post as president and CEO of Latin America and Africa-focused telco and media company Millicom. Albrecht, who joined Millicom in November 2012 after 12 years at the helm of Modern Times Group (MTG), said that he now plans to develop “a number of entrepreneurial […]

Millicom makes Lat Am DTH move in capacity deal with Eutelsat Americas

International telco and media company Millicom has signed a capacity deal with Eutelsat Americas – formerly known as Satmex – to support its recent move into the Latin American satellite pay TV market. Millicom has signed a multi-year contract for capacity on the Eutelsat 117 West A satellite that provides premium DTH coverage across Latin […]