Millicom completes its 10,500 tower carve-out – everything you need to know to do business with LATAM’s youngest towerco
Millicom operates in Latin America under the Tigo brand and has now finalised the carve-out of its towers into a separate entity. The new company, named Lati, now owns and operate the estimated 10,500 towers across eight markets in Central and South America – Bolivia, Colombia, El Salvador, Guatemala, Honduras, Nicaragua, Panama and Paraguay.
The unique portfolio of the new towerco
After rumours started swirling, Millicom confirmed plans in early 2022 to carve out its infrastructure across all of its LATAM operations where it retained its towers.