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Profile: Millicom International Cellular SA (MIICF.PK)

MIICF.PK on OTC Markets Group

69.00USD
16 Feb 2018
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Millicom International Cellular S.A., incorporated on July 3, 1992, is an international telecommunications and media company. The Company is engaged in providing digital lifestyle services to various markets, through mobile and fixed telephony, cable, broadband and television. The Company's segments include Latin America and Africa. The Company provides fixed and mobile communications services, cable and satellite television, Mobile Financial Services (MFS) and local content, such as music and sports, to customers through its consumer brand TIGO. At Tigo Business, the Company delivers digital solutions for governments, multinationals, large corporations, and small and medium sized businesses. The Company has investments in online/e-commerce businesses in several countries in Latin America and Africa; investments in a tower holding company in Africa, and various investments in start-up businesses providing e-payments and content to its mobile and cable customers. The Company operates in over 10 countries across Latin America and Africa. The Company's subsidiaries include Telemovil El Salvador S.A., Cable El Salvador S.A. de C.V., Telefonica Celular de Bolivia S.A., Telefonica Celular del Paraguay S.A., Millicom Ghana Company Limited, Sentel GSM S.A., Millicom Tchad S.A. and Millicom Rwanda Limited.

The Company operates its mobile businesses in Central America (El Salvador, Guatemala and Honduras) in South America (Bolivia, Colombia and Paraguay), and in Africa (Chad, Ghana, Rwanda, Senegal and Tanzania). The Company operates various cable and fixed line businesses in Latin America (Colombia, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Bolivia and Paraguay). It also provides direct to home satellite service in various Latin American countries. The Company offers services, such as Mobile, including voice, short message service (SMS) and data services, MFS and pre and post-paid contracts; Home, such as fixed-line telephony, high-speed broadband, pay television (pay-TV), including premium content, direct to home (DTH), and business-to-business (B2B), such as fixed-line telephony, high-speed broadband and managed services, including Cloud.

Tigo Paraguay is a mobile service provider. It offers service coverage, reaching national territory, and access through international roaming to over 220 countries, and data services to approximately 140 countries. Tigo Money brand is providing mobile financial services to various customers with no access to formal banks and institutions. They can access money directly through Tigo and pay for a range of goods and services through their mobile device and through over 3,000 points of sale around the country. Through Tigo Star, Tigo is making cable television and broadband Internet, reach all socio-economic levels and rural areas. Tigo Star offers over 60 international channels, approximately 20 of which are in high definition (HD). Tigo Business offers business clients a full array of solutions customized for every company voice, connectivity and cloud.

Company Address

Millicom International Cellular SA

2 Rue du Fort Bourbon
LUXEMBOURG     1249

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