Millicom Buys 55% of Navega for $60 millionWith this transaction, Millicom International Cellular controls 100% of Navega.Monday, March 16, 2009
Navega was created in 2000 by Comcel which is part of Millicom, the Spanish company Iberdrola, EDP in Portugal and Teco Energy in the US, and it provides data transport services in Guatemala, El Salvador, Honduras and Nicaragua. Source: elperiodico.com.gt ¿Busca soluciones de inteligencia comercial para su empresa?Millicom to Buy Out Celtel in HondurasJuly 2010 Millicom International Cellular S.A today announced that Millicom and its local partner in Honduras have reached an agreement that gives Millicom full control of Celtel, its Honduran subsidiary. El Salvador: Amnet Operates Under Tigo BrandMay 2009 El Salvador is the first country in Central America where there was a complete merger. Swedish firm buys AMNET for $510 millionJuly 2008 The Swedish firm Millicom has purchased the telecommunications company AMNET for 510 million dollars, and will acquire its 350,000 cable clients in Honduras, Costa Rica and El Salvador. Millicom sees 78% increase in net profit in Q1April 2008 Luxembourg-based mobile holding company Millicom Cellular International (Nasdaq: MICC), which operates in the Latin American region under the Tigo brand, continued to see strong growth in its traditional stronghold of Central America, with Honduras outstripping other countries in terms of subscriber growth, growing 88% and adding 515,000 subscribers.
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