Spanish telecommunications giant Telefonica has agreed to sell its Uruguayan subsidiary, Movistar Uruguay, to the Millicom Group, as part of its strategy to reduce its presence in Latin America. This transaction is valued at $440 million and awaits regulatory approvals before. . Millicom (Tigo) to Acquire Telefónica's Operations in Uruguay for USD 440 Million, Expanding Presence in South America Key Highlights: Acquisition strengthens Millicom's presence and scale across South America. Expected to be EFCF accretive starting in 2026. Strategic retreat from LatAm – The Uruguay sale follows Telefonica's recent exits from Colombia, and. . Telefonica has taken another step in its strategic withdrawal from Latin America, agreeing to sell its entire stake in its Uruguay operations to Millicom for US$440 million. Operating under the Movistar brand, Telefonica was Uruguay's second-largest mobile operator with a 29% market share. The transaction, announced to the Spanish. . Take full advantage of our site features by enabling JavaScript. STREAMPACK - Green Room - Pack de Stream animé - 1920x1080px - Overlays, Scènes, Badges, et plus! Téléchargement instantané Check out our uruguay communications green base station withdrawal selection for the very best in unique or. .