Announced
Synopsis
ATIS Group, a digital infrastructure provider, agreed to acquire Lati Paraguay, a subsidiary owning approximately 300 wireless communications towers, from Millicom, a provider of fixed and mobile telecommunications services. Financial terms were not disclosed. “ATIS seeks to develop, own and operate best-in-class mission-critical assets such as wireless telecommunications towers. This acquisition – along with prior ones from Telefónica Uruguay and SBA in Argentina – underscores ATIS’ commitment to the Southern Cone region of Latin America. This important agreement with Tigo is in line with our strategy of long-term partnerships with leading wireless communications operators in the region,” Juan Pablo Blanco, ATIS Group CEO.
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