Friday, 14 December 2018

Millicom merger with UNE receives first approval from Colombian authorities

Millicom
Wednesday 16 April 14

Millicom today announced that its proposed merger with UNE in Colombia has been given conditional approval by the country&rsquo…

Millicom today announced that its proposed merger with UNE in Colombia has been given conditional approval by the country’s regulator for Industry and Commerce, the SIC.

The SIC’s approval includes conditions on use of spectrum, the terms of which the company is reviewing.

The proposed merger is also being considered by two other regulatory bodies concerned with television (the ANTV) and Finance (SIF) and expects their decisions shortly to enable the transaction to take effect in Q2.


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