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flag Millicom buys Telefónica's Ecuador operations for $380M, boosting its South American market presence.

flag Millicom (Tigo) acquired Telefónica's Ecuadorian telecom operations for $380 million, expanding its South American presence. flag The deal strengthens Millicom's regional footprint and commercial reach, aiming for long-term growth and innovation in a stable, dollarized economy. flag The acquisition is part of Millicom's strategy to enhance digital inclusion and is subject to regulatory approvals.

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