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Millicom completes $380M purchase of Telefónica’s Ecuador unit, expanding its Latin American presence.
Millicom has completed its $380 million acquisition of Telefónica’s Ecuador telecom unit, expanding its Latin American footprint.
In other developments, Malaysia’s YTL Communications launched the country’s first live 5G Advanced services, while a subsea cable break caused by an earthquake disrupted internet access in southeastern Papua New Guinea.
The World Bank approved the Digital Zambia Acceleration Project to improve internet access and digital services.
Meanwhile, telecom companies globally are advancing AI integration, enhancing rural connectivity, and investing in cybersecurity and data infrastructure.
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Millicom completa la compra por 380 millones de dólares de la unidad de Telefónica en Ecuador, expandiendo su presencia en Latinoamérica.