April 26, 2017 / 6:07 AM / 4 months ago

BRIEF-Millicom signs sale and lease back deal in Paraguay

April 26 (Reuters) - Millicom

* Millicom signs agreement to sell and lease back towers to American Tower in Paraguay

* Says its subsidiary Telefonica Celular del Paraguay S.A. (Tigo Paraguay) has agreed to sell approximately 1,400 wireless communications towers

* Says as a result of transaction, Tigo Paraguay will receive approximately GS700 billion, equivalent to US $125 million, in cash Source text for Eikon: Further company coverage:

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