Millicom Wins Bid to Acquire EPM’s Stake in UNE

Reuters01-31

Millicom Wins Bid to Acquire EPM’s Stake in UNE

Millicom has secured 100% of EPM's remaining shares in UNE EPM Telecommunicaciones S.A. (Tigo Colombia) through a winning bid in a public auction conducted by Empresas Públicas de Medellín E.S.P. The bid was COP 418,741 per share, amounting to a total consideration of approximately COP 2.1 trillion (around USD 571 million). This acquisition brings Millicom’s ownership in UNE close to full consolidation and is expected to close on January 29, 2026, enabling the company to further streamline its operations and accelerate integration plans in Colombia.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Millicom International Cellular SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000950103-26-001351), on January 30, 2026, and is solely responsible for the information contained therein.

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(Tigo Colombia) through a winning bid in a public auction conducted by Empresas Públicas de Medellín E.S.P. The bid was COP 418,741 per share, amounting to a total consideration of approximately COP 2.1 trillion (around USD 571 million). This acquisition brings Millicom’s ownership in UNE close to full consolidation and is expected to close on January 29, 2026, enabling the company to further streamline its operations and accelerate integration plans in Colombia.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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The bid was COP 418,741 per share, amounting to a total consideration of approximately COP 2.1 trillion (around USD 571 million). This acquisition brings Millicom’s ownership in UNE close to full consolidation and is expected to close on January 29, 2026, enabling the company to further streamline its operations and accelerate integration plans in Colombia.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Millicom International Cellular SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. 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