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tfw200-colombia exit

M&A

Telefónica bids farewell to Colombia; cut-price Millicom deal wrapped up

2026-02-06T10:09:00+00:00

Retrenching group completes sale of Colombian business to Millicom, ending a project stretching back to mid-2000s BellSouth and Colombia Telecom buyouts. Deal value is significantly lower than first suggested, in reflection of volatility that has prompted Group to end its Colombian presence (and perform broader Hispanoamérica exit)…

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