Jones Day and Kilpatrick Townsend & Stockton are lead advisers on the $125 million cash deal in which Telefonica Celular del Paraguay S.A., a Millicom International Cellular subsidiary, is selling 1,400 wireless communication towers to a subsidiary of American Tower Corp. (ATC) , the largest tower operator in Latin America.
Jones Day is representing Millicom and Kilpatrick is representing ATC in the transaction, which will have multiple closings.
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