Millicom CEO says none of its assets is for sale
STOCKHOLM, July 22 |
STOCKHOLM, July 22 (Reuters) - The chief executive of niche telecom operator Millicom MICC.O (MICsdb.ST) said none of the 16 assets the firm owns in emerging markets around the world is for sale. Millicom, a niche player which specialises in emerging markets, earlier said earnings before interest, tax, depreciation and amortisation totalled $352 million, up from $263 million a year earlier and slightly lagging a forecast for $355 million.
Chief Executive Marc Beuls, speaking in response to a question at an analysts' conference, said he wanted to clarify that none of the assets was for sale and the firm was focused on growth.
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