Announced

KKR to acquire 1.1k wireless communications towers from Millicom.

Synopsis

KKR, a global investment firm, agreed to acquire 1.1k wireless communications towers from Tigo Colombia, a subsidiary of Millicom, a Luxembourgish fixed line and mobile telecommunications services provider. Financial terms were not disclosed. "KKR seeks to develop the telecommunications industry in Latin America through best-in-class mission-critical assets such as fiber, towers and small cells. This acquisition – along with KKR's fiber investments in Chile, Colombia and Peru – underscores KKR's commitment to its digital infrastructure platform in LatAm. This important agreement with Tigo is in line with our strategy of long-term partnerships with leading companies in the region," Waldemar Szlezak, KKR Partner.

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