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Millicom plans to invest $3bn, carves out tower business

Emerging markets telecommunications operator Millicom (Nasdaq: TIGO) said it plans to deploy US$1 billion per year over the next three years in capital expenditure (CAPEX). The US$3 billion sum will be used on upgrading infrastructure and expanding the existing business according to chief executive Mauricio Ramos, speaking during the company’s Investor Day live stream. ...

February 16

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