Liberty Latin America, Millicom International Cellular Confirm Board Of Telecommunications Superintendency Decides Not To Accept Proposed Plan To Merge Companies' Business In Costa Rica

Author: Benzinga Newsdesk | November 13, 2025 09:17am

Liberty Latin America Ltd. ("Liberty Latin America" or "LLA") (NASDAQ:LILA, OTC Link: LILAB)) and Millicom International Cellular S.A. ("Millicom") (NASDAQ:TIGO) confirm that Costa Rica's Board of Telecommunications Superintendency, SUTEL, has issued its final resolution with a decision not to approve the proposed transaction to combine the companies' respective operations in Costa Rica.

The companies remain convinced that the transaction would have enabled greater technology investment, strengthened market competitiveness, and accelerated the expansion of next-generation networks, directly benefiting users and Costa Rica's digital ecosystem.

Posted In: LILA LILAK TIGO