Millicom confirms takeover talks with Apollo and Claure
Millicom has confirmed that it is holding talks with Apollo Global Management and Marcel Claure’s investment outfit about a possible takeover.
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Millicom to plough $700m into Central America networks
Latin American operator Millicom will spend $700 million over the next two years to maintain and expand its fixed and mobile networks in Guatemala, Honduras, and El Salvador.
Millicom looks for investors in towers and mobile money biz
Millicom has announced plans to spin off its towers business as part of a new strategy that will also see it carve out its mobile money unit and spend billions of dollars on network expansion.
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.
Millicom maintains no dividend policy due to gloomy outlook
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.
Orange, Proximus and KPN feature in a tsunami of financial results
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 LATAM bails out of convergence ambitions
Liberty Latin America has terminated its conversations regarding a potential acquisition of Millicom International.
Nine global operators form some kind of commercial alliance
Russian operator MTS has announced the formation of a new organisation called the Partnering Operator Alliance together with eight other major mobile operators.
More Africa for Orange as it acquires Tigo DRC from Millicom
French telco Orange has continued its African shopping spree with the acquisition of Millicom subsidiary Tigo in the Democratic Republic of Congo.
Tigo converges OTT services with billing systems
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.
Millicom reports 15% revenue growth for 2014
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.
Millicom’s Tigo Music streaming service to launch in Tanzania
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.
Millicom, Facebook’s internet.org in Colombia partnership
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, Millicom partner on Tigo Cash for West Africa
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.
Millicom brings LTE to Bolivia
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.
Free Facebook comes to Tigo Tanzania
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.
Millicom appoints Ghana and LatAm TV services heads
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.
Millicom and Orange launch startup incubation projects
Operator groups Millicom and Orange have announced start up incubator projects as they look to promote technological innovation in the markets they operate in.
Tigo aims to exploit gaming opportunity
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.
Millicom offloads Colombian towers
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.
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