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Millicom acquires Telefónica’s Chilean unit (2026)
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acquisitionAnnounced · Feb 11, 2026TelecommunicationsSource · CredibleArticle · Factual
Telefónica’s Chilean unit
Millicom
Telefónica’s Chilean unit · Millicom

Millicom acquires Telefónica’s Chilean unit

David Najork
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
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Deal value
Target
Telefónica’s Chilean unit
Telefónica’s Chilean unit
Acquirer
Millicom
Millicom
Joint Venture
Status
Announced

Millicom agreed to acquire Telefónica’s Chilean unit. Reported deal value: Undisclosed. Status: Announced. Sector: Telecommunications. Target headquarters context: Location not specified.

This page summarizes publicly available information about the transaction as of 2026-02-11. Figures and status may change as filings and press coverage update.

Millicom International Cellular and investment group NJJ have agreed to acquire Telefónica Chilean operations through a jointly controlled vehicle, with NJJ holding a 51 % stake and Millicom owning 49%

Deal timeline

Announced
Feb 11, 2026 · rcrwireless.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context

This transaction is classified in Telecommunications. Figures and status may change as sources update.

Sources: rcrwireless.com · Primary article · FireStrike proprietary index