Costa Rica Regulator Blocks Liberty Latin America and Millicom Deal
The Costa Rican regulator, SUTEL, has blocked the proposed merger between Liberty Latin America Ltd. and Millicom International Cellular S.A. The companies expressed disappointment, noting the merger would have boosted technology investment and competitiveness in Costa Rica's digital sector. They are now considering their next steps.
Liberty Latin America Ltd. and Millicom International Cellular S.A. have provided an update regarding their proposed combination of operations in Costa Rica. The Board of Telecommunications Superintendency (SUTEL) in Costa Rica has issued a final resolution, deciding not to approve the planned transaction between the two companies. Both Liberty Latin America and Millicom expressed disappointment with the decision, stating that the combination would have supported greater technology investment and enhanced competitiveness in Costa Rica’s digital sector. The companies are now working together on next steps in accordance with their combination agreement. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Liberty Latin America Ltd. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251113599665) on November 13, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
