Key Developments: Millicom International Cellular SA (MIICF.PK)

MIICF.PK on OTC Markets Group

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Latest Key Developments (Source: Significant Developments)

Millicom International Cellular SA proposes dividend
Tuesday, 3 Feb 2015 02:24am EST 

Millicom International Cellular SA:Says the board will propose the payment of a 2014 ordinary dividend of $2.64 per share.  Full Article

Millicom International Cellular SA gives FY 2015 EBITDA guidance and revenue guidance above analysts estimates
Tuesday, 3 Feb 2015 02:24am EST 

Millicom International Cellular SA:Expects FY 2015 revenue between $7.1 - $7.5 billion.Expects FY 2015 EBITDA between $2.20 - $2.35 billion.FY 2015 revenue of $7.07 bln and EBITDA of $2.29 bln - Thomson Reuters I/B/E/S.  Full Article

Millicom International Cellular SA launches Tigo Music in Tanzania
Tuesday, 20 Jan 2015 10:15pm EST 

Millicom International Cellular SA:Says Tigo Music will launch in Tanzania on Jan. 24.  Full Article

Millicom International Cellular SA to acquire the business of TeleCable Económico TVE
Monday, 22 Dec 2014 02:00am EST 

Millicom International Cellular SA:Has agreed terms and conditions to acquire the business of TeleCable Económico TVE, S.A. and merge the company with Costa Rican subsidiary.The agreement is subject to regulatory approval.Millicom Cable Costa Rica, S. A., trading as Tigo, has made an application for the agreement to be sanctioned by the Superintendencia de Telecomunicaciones (SUTEL), the industry regulator.  Full Article

Hans-Holger Albrecht to step down as CEO of Millicom International Cellular SA
Tuesday, 2 Dec 2014 02:00am EST 

Millicom International Cellular SA:Says that Hans-Holger Albrecht has informed the Board of his intention to step down as President and CEO.Says it has asked Tim Pennington, Chief Financial Officer, to assume the role of interim CEO until a permanent successor has been appointed.  Full Article

Millicom International Cellular SA partners with Deezer for Tigo Music in Africa
Wednesday, 22 Oct 2014 02:01am EDT 

Millicom International Cellular SA:Announces that it has extended its partnership with music streaming service Deezer to five Tigo markets in Africa.With Deezer, Tigo Music will launch in Ghana soon and roll out to Chad, DR Congo, Rwanda and Tanzania in the coming months.  Full Article

Millicom International Cellular SA gives FY 2014 revenue guidance
Wednesday, 22 Oct 2014 02:00am EDT 

Millicom International Cellular SA:Sees FY 2014 revenue growth to accelerate at a mid to high 8.7 pct. single digit rate (versus comparable 5.5 pct. in FY 2013).  Full Article

Millicom International Cellular SA confirms FY 2017 revenue guidance
Wednesday, 24 Sep 2014 09:41am EDT 

Millicom International Cellular SA:Confirms ambitious target of reaching over $9 billion revenue in FY 2017 as rapid transformation into diversified digital lifestyle company continues.  Full Article

Millicom International Cellular SA and Kalixa create online payments processing partnership for Africa and Latin America
Thursday, 11 Sep 2014 02:00am EDT 

Millicom International Cellular SA:Says establishment of joint venture to develop a payments service provider to operate in Africa and Latin America, initially commencing in Colombia and Brazil later this year.Says joint venture will offer payment acceptance services for both businesses and consumers, including payment gateway and point of sale solutions for merchants as well as 1-click payment and eWallet provision for online customers.  Full Article

Millicom International Cellular SA completed merger of its Tigo mobile business with UNE, owned by Empresas Públicas de Medellín
Thursday, 14 Aug 2014 01:30pm EDT 

Millicom International Cellular SA:Announced completion of merger of its Tigo mobile business with cable and fixed line operator UNE, owned by Empresas Públicas de Medellín (EPM).Says merger of two operations will create business offering comprehensive range of bundled digital services to millions of households including mobile and fixed telephony, mobile and fixed products.Merger of two operations will create exploit complementary offerings of Tigo with UNE and its affiliates and execute key component of Millicom's strategy to double revenue by 2017 and increase its profitability.  Full Article

RPT-Millicom Q4 in line, expects strong growth in 2015

STOCKHOLM, Feb 3 - Emerging markets telecoms group Millicom said on Tuesday it would see continued strong growth in 2015 as it reported fourth-quarter core profit in line with expectations.

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