M&A Deal Summary

Bharti Airtel Acquires Millicom International Cellular SA - Rwanda Business

On December 19, 2017, Bharti Airtel acquired communications company Millicom International Cellular SA - Rwanda Business from Millicom International Cellular

Acquisition Highlights
  • This is Bharti Airtel’s 5th transaction in the Communications sector.
  • This is Bharti Airtel’s 1st transaction in Rwanda.

M&A Deal Summary

Date 2017-12-19
Target Millicom International Cellular SA - Rwanda Business
Sector Communications
Buyer(s) Bharti Airtel
Sellers(s) Millicom International Cellular
Deal Type Divestiture

Target

Millicom International Cellular SA - Rwanda Business

Rwanda
Millicom International Cellular SA - Rwanda Business is a provider of an advanced fixed and mobile data services in Latin America.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Bharti Airtel

New Delhi, India

Category Company
Founded 1995
Sector Communications
Employees28,424
Revenue 1.73T INR (2025)
DESCRIPTION

Bharti Airtel is a global telecommunications company with operations in 20 countries across Asia and Africa. Bharti Airtel was founded in 1995 and is based in New Delhi, Haryana.


DEAL STATS #
Overall 6 of 7
Sector: Communications M&A 5 of 6
Type: Divestiture M&A Deals 2 of 2
Country: Rwanda M&A 1 of 1
Year: 2017 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-12-04 Juggernaut Books

India

Juggernaut Books is a platform to find and read high quality, affordable books and to submit your writing. Juggernaut Books was founded in 2015 and is based in India.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-09 Airtel Digital TV

New Delhi, India

Bharti Telemedia is a content distribution platform in India providing DTH (direct-to-home) satellite TV to consumers across India. The company offers customized bouquets and à la carte options from TV channels across movies, news, sports, and general entertainment, as well as an on-demand library. Bharti Telemedia is based in New Delhi, India.

Sell -

Seller(S) 1

SELLER

Millicom International Cellular

Luxembourg, Luxembourg

Category Company
Founded 1990
Sector Communications
Employees14,000
Revenue 5.8B USD (2024)
DESCRIPTION

Millicom International Cellular is a telecom company. Millicom International Cellular was founded in 1990 and is based in Luxembourg City, Luxembourg .


DEAL STATS #
Overall 2 of 3
Sector: Communications M&A 1 of 2
Type: Divestiture M&A Deals 2 of 3
Country: Rwanda M&A 1 of 1
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-07 Millicom - Tigo Business

Senegal

Millicom - Tigo Business is a mobile technology provider.

Sell $129M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-10-07 Cable Onda S.A.

Panama City, Panama

Cable Onda S.A. is the largest provider of Pay TV and fixed telecommunications services in Panama. As of December 31st, 2017, Cable Onda had approximately 2,300 employees and served 433,000 residential and 34,000 business and government customers.

Buy $1.5B