Millicom to sell remaining stake in Helios Towers

Millicom to sell remaining stake in Helios Towers

Luxembourg, May 30, 2021 – Millicom announces today that its fully owned subsidiary, Millicom Holding B.V., has signed binding agreements with two institutional investors to sell its entire stake (76,451,874 ordinary shares) in Helios Towers plc (equivalent to approximately 7.65% of Helios Towers’ issued share capital). The transaction is subject to customary closing conditions and expected to close on June 2, 2021. With this transaction, Millicom will complete the divestment of its shares in Helios Towers plc.

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About Millicom
Millicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of fixed and mobile services dedicated to emerging markets in Latin America and Africa. Millicom sets the pace when it comes to providing high-speed broadband and innovation around The Digital Lifestyle® services through its principal brand, TIGO. As of December 31, 2020, Millicom operating subsidiaries and joint ventures employed more than 21,000 people and provided mobile services to approximately 55 million customers, with a cable footprint of more than 12 million homes passed. Founded in 1992, Millicom International Cellular S.A. is headquartered in Luxembourg.

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