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Articles tagged with: Millicom International and Tigo
Millicom Sells Sri Lankan Mobile Network to Etisalat
Etisalat is buying the Sri Lankan mobile network, Tigo from its current owners, Millicom International for approximately US$155 million in total cash proceeds. more
Related Tags: etisalat, millicom, latin-america, Sri Lanka
Etisalat Interested in Sri Lanka Investment
Etisalat is reported to be considering an investment in Sri Lanka now that the military aspect of its decades long civil war has largely concluded. An official from the UAE-based operator is currently visiting the tropical island meeting stakeholders, including the Telecommunications Regulatory Commission (TRC). more
Related Tags: etisalat, trc, towers, tower, telecommunications-regulatory-commission, military, Sri Lanka
Millicom Sells Sierra Leone Network
Millicom International has sold its Sierra Leone subsidiary to Africell Holding for an undisclosed amount. The operator, trading as Tigo was earmarked for sale by Millicom late last year, shortly after the regulator announced that all operators would be required to reach a minimum of 50% population coverage by the end of the year. more
Related Tags: africell-holding, millicom, comium, Sierra Leone
Millicom Q2 Revenues Up 5% - Profits Down by 13%
Millicom International has reported a five percent rise in Q2 revenues to US$814 million compared to a year ago but a drop of 13% in net profits of $114 million, down from the US$132 million a year ago. In Q2 09, Millicom added 1.7 million net new mobile subscribers, reaching 30.8 million total mobile subscribers, an increase of 25% versus Q2 08 as Millicom continues its focus on attracting the more loyal and higher revenue generating customers. more
Senegal Government Threatens to Cut-Off 1.8 Million Mobile Phone Users
Senegal's government has announced that it is to terminate the mobile license of the Tigo mobile phone network - potentially cutting off some 1.8 million customers - at the end of this month. Tigo, which is the trading name of Sentel GSM is a wholy owned subsidiary of Luxembourg based Millicom International Cellular. more
Related Tags: orange, edge, 3, hsdpa, millicom, sudatel, Senegal
Telecel shuts down TDMA network
Paraguayan mobile operator Telecel, which operates under the Tigo brand, was due to shut down its TDMA network on January 3 and end its Tele2 service, local paper La Naciƒ³n reported company general manager Miguel Blasco as saying. more
Related Tags: text-messages, tele2, millicom, tdma, Paraguay
Tigo expects its subscriber base to grow 30% in 2008
Paraguayan mobile operator Telecel, which operates under the Tigo brand, expects to end 2008 with approximately 2.6mn subscribers compared to some 2mn forecast for end-2007, local newspaper La Naciƒ³n reported company general manager Miguel Blasco as saying. more
Related Tags: millicom, Paraguay
Gemalto deploys m-banking service
Dutch digital security company Gemalto and Colombia's largest banking network Redeban Multicolor have launched a mobile banking service for all GSM operators, Gemalto said in a statement. more
Related Tags: sim-card, gemalto, m-banking, mobile-banking, movistar, millicom, Colombia
Govt eyes 5,000 rural telecenters by Sep-2008
Bolivia's government aims to finance and build 5,000 public telecenters in rural areas by September 2008, local newspaper El Mundo reported the head of telecoms regulator Sittel, Cliford Paravicini as saying. more
Related Tags: telecom-italia, entel, telecel, millicom, viva, congestion, interconnection, Bolivia
Moody's upgrades Millicom ratings, outlook stable
Moody's upgraded Millicom's corporate family rating to Ba2 from Ba3 and its senior notes rating to B1 from B2. The outlook on the ratings is stable. more
Related Tags: millicom, latin-america
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