Last Updated: Mar 29 2010 - Able2Act

Fact Sheet for Millicom International Cellular SA

Nationality: Luxembourg
General: Millicom provides affordable, widely accessible and readily available prepaid cellular telephony services to more than 30 million customers in 13 emerging markets in Latin America and Africa where the basic telephone service is often inadequate and where economic development and rising personal income levels are creating increasing demand for communication services. Millicom's proven prepaid, mass market distribution and perceived price leadership strategy have enabled it to continue to pursue high growth while delivering operating profitability. Millicom's shares are listed on the Nasdaq Stock Market under the symbol MICC and on Stockholmsbörsen under the symbol MIC. Source:
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Related Stories

First reported 3 hours ago - Updated 3 hours ago - 1 reports

Millicom International Cellular Reports 4G Launch in Bolivia

Millicom reported that Tigo in Bolivia has launched a 4G high-speed internet service offering users up to 100 Mbps. According to a release, the service is the company's second 4G offering and follows its launch in Colombia in December 2013.Millicom's ... [Published - 3 hours ago]
First reported 18 hours ago - Updated 18 hours ago - 1 reports

Tigo urges regulator to enable fixed number portability

Tigo El Salvador has called on telecoms regulator Superintendencia General de Electricidad y Telecom ( SIGET ) to implement number portability (NP) for fixed line telephony users as well as for mobile subscribers. La Prensa Grafica quotes Tigo’s CEO Marcelo ... [Published TeleGeography - 18 hours ago]
First reported 23 hours ago - Updated 19 hours ago - 2 reports

Africa e-commerce firm expands

By: By Emma Thomasson2014-07-28 13:48Berlin - Online retailer Jumia, a would-be African Amazon set up by German venture capital firm Rocket Internet, is expanding into three new markets - Uganda, Ghana and Cameroon.Jumia, which launched in 2012, already ... [Published News24 - 19 hours ago]
First reported Jul 28 2014 - Updated Jul 28 2014 - 1 reports

Mobile money services now command over 35 pct stake in GDP

Isack Nchunda, Head of M-Pesa Product Development and Marketing at Vodacom Tanzania LimitedThe contribution of mobile money services to the Gross Domestic Product (GDP) in Tanzania now has reached 35 percent, thanks to new initiatives being taken by the ... [Published IPP Media - Jul 28 2014]
First reported Jul 27 2014 - Updated Jul 27 2014 - 1 reports

Entel's DTH hits 2,500 subs in one month

More than 2,500 people have subscribed to Entel's satellite direct-to-home (DTH) service in Bolivia. After several delays, the platform has been up and running since the end of June, targeting the whole country through both post and pre-paid packages ... [Published Rapid TV News - Jul 27 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Chad heads for hi-speed internet – Millicom tests LTE

Tigo's successful testing of 4G (LTE) wireless technology in N'Djamena, the capital of Chad, is a significant landmark for Millicom as well as a regional first for the country.The event itself, on 17 July, was attended by Daoussa Deby Itno, the Minister ... [Published Balancing Act News - Jul 25 2014]
First reported Jul 25 2014 - Updated Jul 25 2014 - 1 reports

Millicom launches 4G in Bolivia

Operator aiming for 70% population coverage by 2018; service doesn't come cheap though.Millicom has launched a 4G service in Bolivia but its sizeable price tag could limit its appeal.The service, offered under the Tigo brand, is available to more than ... [Published Total Telecom - Jul 25 2014]
First reported Jul 24 2014 - Updated Jul 25 2014 - 3 reports

Millicom brings LTE to Bolivia

Bolivia gets 4GDeveloping markets operator Millicom, which operates under the Tigo brand in Bolivia, said that it has launched a 4G LTE offering in the country, delivering high speed internet at up to 100Mbps.The service is the company’s second 4G launch ... [Published - Jul 25 2014]
First reported Jul 24 2014 - Updated Jul 24 2014 - 2 reports

Ghana: Tigo & Kaymu partner for simple online transaction

Under the agreement, both Tigo and non-Tigo customers can buy or sell their products on Ghana and Kaymu have entered into a partnership in order to use Tigo Cash as a mode of payment for all online transactions at ... [Published IT News Africa - Jul 24 2014]
First reported Jul 24 2014 - Updated Jul 24 2014 - 2 reports

Telecom Becomes Key Driver of Economic Growth

OVER the past few years, the levels of interest in Africa have grown exponentially. What was, only a short while ago, a trickle of inquiries from clients on opportunities for investment and doing business in Africa has grown into a flood. Telecommunications ... [Published - Jul 24 2014]
First reported Jul 23 2014 - Updated Jul 23 2014 - 2 reports

Tech incubator calls for African entrepreneurs

'think', the technology incubator in Kigali, Rwanda, has opened applications to startups and developers from all over Africa. The incubator will aim to identify and support leading tech startups seeking to create digital solutions for Africa.Starting ... [Published Biz Community - Jul 23 2014]
First reported Jul 23 2014 - Updated Jul 23 2014 - 2 reports

Tigo Ghana Partners Kaymu For Easy Online Transaction With Tigo Cash

. Accra: Tigo Ghana and Kaymu, one of Ghana's leading online marketplace have entered into a partnership to use Tigo Cash as a mode of payment for all online transactions at Under the agreement, both Tigo and non-Tigo customers can buy or ... [Published Modern Ghana - Jul 23 2014]


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Millicom International Cellular: Millicom deliv... [Published Business Wire Technology News - Apr 24 2014]
STOCKHOLM--(BUSINESS WIRE)--Regulatory News: Millicom (Stockholmsbörsen: MIC), the international telecommunications and media company, announced its first quarter 2014 results today and revealed growth across all regions and business units. Highlights ...
Millicom International Cellular: Executive Chan... [Published Business Wire Technology News - Feb 25 2014]
STOCKHOLM--(BUSINESS WIRE)--Millicom, the international telecommunications and media company (Stockholmsbörsen: MIC) today announced that Anders Nilsson, its Executive Vice-President of Commerce and Services, will be leaving the company to take up a new ...
Millicom International Cellular: Millicom publi... [Published Business Wire Technology News - Mar 24 2014]
LEUDELANGE, Sweden--(BUSINESS WIRE)--Millicom (STO:MIC) today published its 2013 Annual Report and updated financial data incorporating the company’s recently-announced new consolidation arrangements. Both documents are available on the company’s website ...
Millicom International Cellular: Millicom to pr... [Published Business Wire Technology News - May 06 2014]
STOCKHOLM--(BUSINESS WIRE)--Millicom (Stockholmsbörsen: MIC) (STO:MIC), the international telecommunications and media company, today announced that it has acquired certain media rights to the 2014 FIFA World Cup Brazil™ that will allow Tigo customers ...
Millicom creates tech incubator in Rwanda [Published CisionWire - English - Mar 31 2014]
Stockholm, March 31, 2014 – Millicom (Stockholmsbörsen: MIC) today announced the creation of a tech incubator in Rwanda to develop new digital solutions.The objective is to develop innovative and scalable businesses in which Millicom will take an equity ...
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Press Releases

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Executive change at Millicom [Published GlobeNewswire: Advertising News - Feb 25 2014]
Millicom publishes 2013 Annual Report and updat... [Published GlobeNewswire: Acquisitions News - Mar 24 2014]
Millicom publishes 2013 Corporate Responsibilit... [Published GlobeNewswire: Advertising News - Apr 22 2014]
Millicom announces a RCF of $500m with twelve b... [Published GlobeNewswire: Advertising News - Jun 06 2014]
Millicom completes issue of 10-year bond for Gu... [Published GlobeNewswire: Acquisitions News - Feb 03 2014]
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