M&A Deal Summary

Millicom International Cellular Acquires TV Cable Parana S.A.

On February 15, 2016, Millicom International Cellular acquired media company TV Cable Parana S.A.

Acquisition Highlights
  • This is Millicom International Cellular’s 2nd transaction in the Media sector.
  • This is Millicom International Cellular’s 2nd transaction in Paraguay.

M&A Deal Summary

Date 2016-02-15
Target TV Cable Parana S.A.
Sector Media
Buyer(s) Millicom International Cellular
Deal Type Add-on Acquisition

Target

TV Cable Parana S.A.

Asunción, Paraguay
TV Cable Paraná is a regional cable TV provider in Ciudad del Este. Paraná TV offers users a wide variety of national and international channels with signals from the US, Germany, China, Korea, Argentina, Brazil, Mexico, and Venezuela, including movies, cartoons and sports channels.

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Buyer(S) 1

Buyer

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 4 of 8
Sector: Media M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 4
Country: Paraguay M&A 2 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-05 Zanzibar Telecom

Dar Es Salaam, Tanzania

Zantel (Zanzibar Telecom) is a provider of data telecommunications brand in Zanzibar and its largest internet provider. Its integrated telecom service provide International Gateway services, Fixed, Mobile and data services through its CDMA, GSM, 3G networks.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-07 Millicom - Tigo Business

Senegal

Millicom - Tigo Business is a mobile technology provider.

Sell $129M