Private equity firm KKR & Co will invest US$400 million in telecoms tower operations in the Philippines, according to an announcement made by the US Department of Commerce this week.
Two banks with a strong Latin American focus, development bank IDB Invest and multinational bank Bladex, have joined forces to provide a financing package to Millicom-owned operator Telemovil El Salvador – aka Tigo – of up to US$205 million.