Millicom has announced the sale of up to 2,126 towers owned by its Colombian subsidiary, Colombia Movil, to American Tower for US$182 million in cash. According to Cellular News, Colombia Movil’s other shareholders will have an option to acquire an indirect, substantial minority equity interest in the Columbian holding company being set up by American Tower to handle the sale, ATC Infraco. The new firm will lease the infrastructure back to the operator.