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ATIS Group to Acquire Lati Paraguay from Millicom, Expanding Tower Footprint in the Southern Cone

1. ATIS acquires Lati Paraguay from Millicom, enhancing digital infrastructure in Latin America.

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Why Bullish?

The acquisition may strengthen TIGO’s infrastructure footprint, leading to potential revenue growth. Historically, infrastructure deals often have positive long-term effects on stock performance.

How important is it?

The acquisition directly involves TIGO, suggesting a strengthening of its market position and potential for improved financial performance due to increased infrastructure capacity.

Why Long Term?

Acquisitions typically take time to reflect in financial performance, as synergies materialize over the long term. Similar past deals have shown gradual stock price increases post-acquisition.

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BUENOS AIRES, Argentina--(BUSINESS WIRE)--ATIS Group (“ATIS”), a leading digital infrastructure provider in Latin America, today announced that it has entered into a definitive agreement, signed on April 26, 2025, with Millicom (NASDAQ: TIGO) to acquire Lati Paraguay, a subsidiary owning approximately 300 wireless communications towers in Paraguay. This transaction marks another milestone in ATIS's strategic expansion across the Southern Cone, reinforcing its position as the region's premier in.

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