Millicom completes its exit from Africa
Luxembourg-based operator group Millicom has flogged its Tanzania operations to complete its strategy of focusing solely on Latin America.
Luxembourg-based operator group Millicom has flogged its Tanzania operations to complete its strategy of focusing solely on Latin America.
Millicom did its best to talk up a fairly weak full-year financial performance on Thursday, but did not attempt to conceal the difficulties it will face in its various operating markets this year.
Today has seen an avalanche of financials fall on the industry, as Orange, Proximus, Millicom, Ooredoo, Swisscom, Telenet and KPN all release earnings statements.
Liberty Latin America has terminated its conversations regarding a potential acquisition of Millicom International.
Russian operator MTS has announced the formation of a new organisation called the Partnering Operator Alliance together with eight other major mobile operators.
French telco Orange has continued its African shopping spree with the acquisition of Millicom subsidiary Tigo in the Democratic Republic of Congo.
Millicom, the Latin American and African telco, has confirmed a content distribution partnership with Dutch media solutions vendor Momac. The agreement will see Tigo, Millicom’s Latin American subsidiary, bundle together its wide range of data packages alongside various third party apps.
Emerging markets-focused operator and media service group Millicom has reported its 2014 financial results showing 14.9% revenue growth for the year, largely attributed to its expansion across the Latin American market.
Operator Group Millicom has announced the upcoming launch of the Tigo Music by its Tanzanian subsidiary, claiming it will be the country’s first mobile streaming service.
Operator group Millicom has announced a partnership between its Colombian subsidiary Tigo and Internet.org, the Facebook-backed organisation aiming to bring connectivity to poor and under-served communities.
Ericsson has announced its Wallet Platform has been deployed by Millicom-owned Tigo Senegal to offer financial services to customers across West Africa. Tigo Cash mobile services allow subscribers to make payments, store, transfer and withdraw money using a mobile device, even if the user doesn’t have access to traditional banking services.
Developing 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.
Developing markets operator Millicom said Thursday that Tigo customers in Tanzania will be the first consumers in East Africa to get free access to Facebook on their mobile handsets. On the back of a similar service which launched in Latin America in December 2013, Millicom and Facebook have now extended the partnership to East Africa.
Operator group Millicom has announced the appointment of a general manager for its Tigo subsidiary in Ghana as well as a VP for TV services in Latin America.
Operator groups Millicom and Orange have announced start up incubator projects as they look to promote technological innovation in the markets they operate in.
Gaming presents a valuable revenue source for mobile operators, as Eidos chief Ian Livingstone explained at Broadband World Forum in October. One such firm, global operator group Millicom International Cellular, under its Tigo brand, is aiming to grasp the opportunity by inking a deal with mobile games service provider and publisher Thumbstar Games. The deal covers various countries in Latin America as well as Africa.
Developing markets operator Millicom International Cellular, said Monday that its Colombian subsidiary had agreed to sell 2,126 cell towers to America Tower for $182m in cash.
Developing markets specialist operator Millicom has struck a deal with African tower firm Helios Towers that will see ownership of 729 of the towers in its network in the Republic of the Congo (DRC) transferred to Helios. Under the deal, Millicom’s local operation Tigo will receive at least $45m in cash upfront and retain a significant minority interest in Helios’ own DRC subsidiary, Helios Towers DRC (HTD).
Second placed Russian carrier VimpelCom said Thursday that it has struck a deal to acquire a 78 per cent stake in Laotian mobile operator Millicom Lao for around $66m.
Millicom International Cellular, the mobile carrier headquartered in Luxembourg, has launched 3G services in Guatemala, Honduras and, Bolivia. The launches in Paraguay, El Salvador and Colombia will follow today, tomorrow and before the end of this year respectively, completing the roll-out of 3G across all six of its markets in Latin America. Millicom says that […]
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