Millicom sees joint Telefónica NetCo as key to Colombian ‘repair’
Outgoing Millicom CEO Mauricio Ramos says network-sharing JV was “badly needed” to drive a turnaround in country’s hyper-competitive and capital-intensive telecoms market. Collaboration forms key part of both operators’ strategic switch-ups, with Millicom already seeing early benefits. Read more…
This article includes:
- Organisations: Claro Colombia; KKR; Lati; Millicom International Cellular; Ministry of Information Technologies and Communications (MinTIC); NEXO LatAm; ON*NET Fibra Colombia; Telefónica Colombia; Telefónica Hispanoamérica; Telefónica Group; Tigo Colombia; Union Temporal Colombia Movil-Telefónica; WOM.
- People: Mauricio Ramos.
- Themes: 3.5GHz spectrum; 4G; 5G; Capital expenditure (capex); Cost control; Fibre (FTTP); Finance strategy; Mobile virtual network operators (MVNO); Operating expenditure (opex); Spectrum; Tower separation (NetCo); Wireless infrastructure.
- Geographic: Chile; Colombia; Latin America.
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