Skip to content
Ask

Latest figures

What was the largest foreign acquisition in Guatemala and how much did Millicom pay for Tigo?

According to the cited documentsTreatment in the balance of payments: to be confirmedTo be confirmedCases

Price for 45% of Tigo Guatemala

US$2,200 million in cash

Nov 12, 2021LexLatin

The largest documented purchase is Millicom's: on 12 November 2021 it acquired the remaining 45% of Tigo Guatemala (Comcel) from its local partner Miffin Associates for US$2,200 million in cash, taking its holding to 100%. LexLatin records that same date as the closing of the deal; Millicom's official closing statement has yet to be located.

Read moreRead less
  • Stake acquired

    Remaining 45% (rising to 100%)

    2021LexLatin
Ask a follow-up

Sources

  • LexLatin

    Millicom compra Tigo Guatemala

    • Price for 45% of Tigo Guatemala
    • Stake acquired
    lexlatin.comAccessed Aug 19, 2026Go to the source
  • Diario El Mundo

    Millicom completa la compra de Comcel, la operadora de Tigo Guatemala, por 2,200 millones

    diario.elmundo.svAccessed Aug 19, 2026Go to the source