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BRIEF-Millicom CFO expects muted margins in Colombia in next couple of quarters
October 25, 2017 / 10:58 AM / a month ago

BRIEF-Millicom CFO expects muted margins in Colombia in next couple of quarters

Oct 25 (Reuters) - Millicom International CFO Tim Pennington tells Reuters:

* Says expects margins in Colombia to be muted in the next couple of quarters

* Says important to invest in growth in the next couple of quarters in Colombia

* Q3 EBITDA margin in Columbia fell to 25.0 pct, vs 28.5 pct in Q3 2016, while group margin was 36.8 pct

* Colombia accounted for nearly 30 pct of group revenue in Q3 Further company coverage: (Reporting By Olof Swahnberg)

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