Millicom

VimpelCom buys into Laos

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.

Latin Americans to get 3G

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 […]

Millicom says ‘Ola’ to Columbia

Luxembourg-based Millicom International Cellular (MIC) has emerged as the winner of a controlling stake in third placed Columbian operator, Columbia Movil, which operates under the Ola brand. Millicom has acquired a 50 per cent plus 1 share controlling stake in the Columbian operator for a consideration of $125m. Including this initial equity contribution, Millicom expects […]

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