Liberty Latin America and Millicom Abandon Proposed Costa Rica Network Combination
November 13, 2025
Liberty Latin America and Millicom announced that Costa Rica’s telecommunications regulator (SUTEL) issued a final resolution not to approve their proposed transaction to combine their respective operations in Costa Rica. The companies said they believe the combination would have increased technology investment and accelerated next-generation network expansion, and they are working on next steps under the existing combination agreement.
- Buyers
- Liberty Latin America Ltd, Millicom International Cellular S.A.
- Targets
- Costa Rica telecommunications operations of Liberty Latin America, Costa Rica telecommunications operations of Millicom
- Industry
- Telecommunications
- Location
- Costa Rica
- Transaction Type
- Divestiture
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