GALA advises Millicom on the purchase of 80% of Cable Onda shares

Galindo, Arias & López confirms its leadership in the management of the complex merger and acquisition transactions in the telecommunications industry, advising Millicom LIH, S.A in the purchase of 80% of the shares of Cable Onda, at an enterprise value of $1,460 million.

Millicom is the leading provider of cable TV and mobile telephone services in emerging markets such as Latin America and Africa.

The transaction was led by the following team at the firm: Diego Herrera (Partner – Project Leader), Beatriz Cabal and Jose Luis Sosa (Senior Associates).