BRIEF-Millicom Signs Agreements To Conclude Africa Divestiture Program

PUBLISHED: Mon, 19 Apr 2021 04:15:26 GMT
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April 19 (Reuters) – Millicom International Cellular Sa :

* MILLICOM SIGNS AGREEMENTS TO CONCLUDE AFRICA DIVESTITURE PROGRAM

* MILLICOM INTERNATIONAL – ANNOUNCES SIGNED AGREEMENTS FOR SALE OF ITS OPERATIONS IN TANZANIA, FOR ITS STAKE IN AIRTELTIGO JOINT VENTURE IN GHANA

* MILLICOM INTERNATIONAL – IN TANZANIA, MILLICOM HAS AGREED TO SELL ITS ENTIRE OPERATIONS TO A CONSORTIUM LED BY AXIAN

* MILLICOM – ALONG WITH JV PARTNER, BHARTI AIRTEL LIMITED, HAVE SIGNED DEFINITIVE AGREEMENT FOR TRANSFER OF AIRTELTIGO TO GOVERNMENT OF GHANA.

* FINANCIAL DETAILS WERE NOT DISCLOSED

* WILL TAKE A $25 MILLION CHARGE AS A RESULT OF TRANSFER OF AIRTELTIGO AGREEMENT. Source text for Eikon: Further company coverage:

(c) Copyright Thomson Reuters 2021. Click For Restrictions – https://agency.reuters.com/en/copyright.html

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