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Iliad founder Xavier Niel offers $4.1 billion to buyout Millicom

Xavier Niel’s investment firm already has a 29% stake in Millicom French businessman Xavier Niel’s Atlas Investissement is looking to buyout Latin America-focused operator group Millicom, offering to purchase the shares it doesn’t already own in a deal valuing the carrier at roughly $4.1 billion. Millicom,...

Nokia, Telefónica strike private 5G deal to spur Industry 4.0 in Latin America

Nokia has announced a go-to-market deal for private LTE and 5G in Latin America with Spain-based mobile operator Telefónica. The pair will target the ports, mining, energy, and manufacturing sectors, described as the “most promising industries in the region”. The deal covers “Hispanic geographies”;...