Millicom International Cellular SA, a telecommunications company, has signed an agreement to sell its entire operations in Chad to Maroc Telecom, a telecom operator based in Morocco
The company stated that the completion of the transaction is subject to approval by the Chadian authorities.
Millicom added the sale of Tigo Chad, the country’s leading provider of digital services, is in line with the company’s stated objective of increasing its focus on Latin America.
The transaction is not expected to have any material impact on the group as a whole, the statement concluded.
Millicom provides cable and mobile services for emerging markets in Latin America and Africa.
