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Millicom Finalizes Acquisition of Amnet.

Publication: Wireless News
Publication Date: 03-OCT-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
WIRELESS NEWS-(C)1999-2008 10Meters - http://www.10meters.com

Millicom International Cellular, a telecommunications company, announced that it has completed, effective 1 October, the acquisition of 100 percent of Amnet Telecommunications Holding Limited (Amnet) following the agreement initially announced on 22 July.

Millicom has purchased Amnet for an enterprise value of US$ 510 million, according to the company.

Amnet a provider of broadband and cable television services...

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