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Quilla NewsFinance & Technology
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Entel sells its Peruvian subsidiary to Millicom for US$1.714 billion

FinanceInternationalDiario FinancieroAI summary
Image: Diario Financiero

Entel and Millicom closed the sale of the Chilean operator's Peruvian subsidiary for US$1.714 billion, 70% more than the market expected. The amount includes lease liabilities and implies a multiple of 5.0 times estimated 2026 EBITDA. Payment will be made in three installments (65% at closing, 10% twelve months later and 25% eighteen months later) and the deal is expected to close in early December 2026. The market speculates about dividends or purchases in Chile, such as Mundo Pacífico or WOM's fiber assets.

In 40 seconds

  • Millicom will pay US$1.714 billion for Entel Peru, 70% more than the market expected.
  • The price will be paid in three installments: 65% at closing, 10% at 12 months and 25% at 18 months.
  • The deal is expected to close in early December 2026, subject to closing conditions.
Read the full story at Diario Financiero

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

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