Airtel, Tigo sign agreement to seal merger

Telecom operators, Airtel Ghana and Tigo, have signed an agreement to seal their merger. The two companies, Millicom International Cellular SA [Tigo], and Bharti Airtel, commenced talks in 2016, but finalized it in 2017. Per the agreement, Millicom and Airtel would have equal ownership and governance rights in the combined entity. The combined business is ...