Millicom completes acquisition of Cablevision Paraguay


Millicom International Cellular today announced it has now received all necessary documentation to complete the transaction to acquire 100 percent of Cablevision Paraguay.

Millicom will now assume management control of Cablevision Paraguay and will consolidate the operation’s results from 1 October 2012. The results for Cablevision Paraguay will be reported as part of the South America region.

Millicom International Cellular S.A. is a global telecommunications group with mobile telephony operations in 13 countries in Latin America and Africa. It also operates various combinations of fixed telephony, cable and broadband businesses in five countries in Central America. The Group’s mobile operations have a combined population under license of approximately 270 million people.