Barros & Errázuriz advised Millicom (Tigo) y NJJ Holding

February 25, 2026

We advised Millicom and NJJ on the acquisition of Telefónica’s business in Chile, one of the most significant transactions in the telecommunications sector in recent years, marking the entry of a new player into the market.

An emblematic transaction led from our New York office by partners Vicente Cordero and Javier Díaz, with the involvement of a multidisciplinary team and international coordination at every stage.

Congratulations to the entire B&E team behind this major transaction:

  • M&A: Vicente Cordero, Juan Sebastián Alonso, Daniela Ahumada, Sophia Schiappacasse, Carol Urzúa, Josefa Riquelme, Lucas Varela, Trinidad Stack, Rodrigo Muñoz y María Ovalle.
  • Capital Markets: Javier Diaz y Paula Alarcón.
  • TMT: Andres Rodriguez, Fernanda Irrazabal y Laura Undurraga.
  • Tax: Tomás Kovacevic, Matías Cunill y Aldo Pesce.
  • Labor & Employment: Maria Fernanda Espinosa y Brian Chernin.
  • Dispute Resolution: José Luis Corvalán y Agustín Núñez.
  • Natural Resources: Fernando Garrido, Martín Vial, Victor Araya y Daniela Raglianti.

related content