Entel agrees to sell its Peru operations to Millicom for US$1.714 billion

FinanceInternationalRPP NoticiasNov 13, 2026, 5:31 PMAI summary

Chilean company Entel signed an agreement to sell 100% of Entel Perú and Americatel Perú to Millicom International Cellular, which operates in Latin America under the Tigo brand, at an enterprise value of US$1.714 billion. Payment will be made in three parts: 65% at closing, 10% twelve months later and 25% at 18 months. The deal requires approval from Entel's extraordinary shareholders' meeting, convened for November 30, and is expected to close in early December 2026.

In 40 seconds

Entel will sell 100% of Entel Perú and Americatel Perú to Millicom at an enterprise value of US$1.714 billion.
The price will be paid in three installments: 65% at closing, 10% at twelve months and 25% at 18 months.
Entel's extraordinary shareholders' meeting, convened for November 30, must authorize the transaction.

Read the full story at RPP Noticias

IASummary generated by artificial intelligence from a story by RPP Noticias. It may contain errors: the original source prevails.

telecomunicaciones
Entel
Millicom
Perú
adquisiciones

Comments

Be respectful. Comments reported by several people are hidden until a moderator reviews them.

You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.

Keep reading

Mellody Hobson, the voice of diversity on Wall Street
Mellody Hobson is co-CEO of Ariel Investments, one of the largest fund managers owned by Black people, with $14.5 billion in assets. She graduated from Princeton in 1991 and joined the firm, where she rose through the ranks until being named co-CEO in 2019. She has served on the boards of DreamWorks Animation, Estée Lauder and JPMorgan, and in 2021 she was named chair of Starbucks, becoming the first African American woman to hold that role at an S&P 500 company.
FinanceInternationalExpansión7:36 PMAI
Women with microbusinesses spend 7.6 hours a day on care work versus 2.24 for men, according to Fundación WWB Colombia
Fundación WWB Colombia warns that unpaid care work falls disproportionately on women and limits their economic opportunities. According to the organization, women with microbusinesses spend an average of 7.6 hours a day on care tasks, compared with 2.24 hours for men. DANE valued unpaid domestic and care work at 340.5 trillion pesos in 2024. The ILO reported that 708 million women were outside the labor force in 2023 due to unpaid care responsibilities.
FinanceColombiaEl Tiempo7:16 PMAI
Alsea signs deal to sell Burger King in Argentina; José Luis Manzano's group emerges as buyer
Mexican company Alsea announced the signing of a binding agreement to sell its Burger King business in Argentina, in line with its strategy of simplifying its brand portfolio. The company did not disclose the buyer's name or the transaction amount, but sources close to the deal said the group led by José Luis Manzano would be the buyer. The transaction is subject to regulatory approvals and other customary conditions. Alsea will continue to operate Starbucks in the country.
FinanceInternationalLa Nación6:36 PMAI
COP 27.815 billion energy deal for Chocó closed with no works built
The agreement signed on December 28, 2023, between Fenoge and IOM, worth COP 27.815 billion, aimed to bring energy solutions to indigenous, Afro-descendant and peasant communities in Chocó. By its close in December 2025, there were 50 projects drafted, 740 people trained and no works built. A large share of the funds went to administration, training, advisory services and studies. The Comptroller's Office found difficulties tracing payments, and former minister Edwin Palma acknowledged the main goal was not met.
FinanceColombiaEl Colombiano6:35 PMAI

Entel agrees to sell its Peru operations to Millicom for US$1.714 billion

In 40 seconds

Comments

Keep reading

Mellody Hobson, the voice of diversity on Wall Street

Women with microbusinesses spend 7.6 hours a day on care work versus 2.24 for men, according to Fundación WWB Colombia

Alsea signs deal to sell Burger King in Argentina; José Luis Manzano's group emerges as buyer

COP 27.815 billion energy deal for Chocó closed with no works built