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Millicom moves to Medellín

h/DC_Colombia/iStock/Thinkstock

The closing of the merger between mobile services provider Millicom and state-owned fixed services provider UNE EPM marked the largest telecoms tie-up ever to take place in Colombia. The US$4.4 billion price tag was one of several characteristics of a deal that captured headlines in the country and saw lawyers navigate a rigorous, multifaceted approvals process. Lulu Rumsey reports