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Last kr619.00 SEK
Change Today -2.00 / -0.32%
Volume 178.7K
MIC On Other Exchanges
As of 11:30 AM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

millicom intl cellular-sdr (MIC) Snapshot

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52 Week High
05/13/14 - kr665.00
52 Week Low
01/15/15 - kr511.50
Market Cap
Average Volume 10 Days
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millicom intl cellular-sdr (MIC) Related Businessweek News

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millicom intl cellular-sdr (MIC) Details

Millicom International Cellular S.A., a telecommunications and media group, provides mobile, cable, satellite, broadband, and mobile financial services in Africa and Latin America. The company offers mobile communications services, such as voice and SMS messaging, as well as mobile data and content through value added services; fixed voice, broadband services, and pay-TV, including premium content in cable; and mobile financial services comprising money transfer, bill payments, and merchant payments. It also provides online/e-commerce services consisting of e-payments, content, and educational services to its mobile and cable customers. The company offers its products and services primarily under the Tigo, Tigo Smart, Tigo Business, Tigo Star, Tigo Sports, Tigo Money, Tigo Music, and EduMe brand names. The company was founded in 1990 and is headquartered in Luxembourg.

23,297 Employees
Last Reported Date: 03/9/15
Founded in 1990

millicom intl cellular-sdr (MIC) Top Compensated Officers

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Executives, Board Directors

millicom intl cellular-sdr (MIC) Key Developments

Neulion, Inc. and Millicom Announces New Partnership to Launch TigoSports App

NeuLion, Inc. and Millicom announced a new partnership to launch TigoSports App, a new over-the-top sports app video service for smartphone users in Tigo Bolivia. Millicom's acquisition of exclusive rights to Bolivian premier soccer league, "La Liga", and making it available through the TigoSports App, deepens its digital lifestyle strategy by engaging Tigo customers with this high-quality video streaming service on the go. By downloading the new TigoSports App (for Android and iOS), Tigo Bolivia subscribers will be able to access exclusive highlights, live video of Bolivian football matches, and news on-the-go on their smartphones for a true TV Everywhere experience. The app features more than 130 matches across all 12 teams both live and on-demand, the complete league schedule, highlights and video content, scores and updates with the ability to customize notifications and more for real-time access on-the-go. The app itself and the service that enables it is powered by the NeuLion(R)Digital Platform-the end-to-end portfolio of video management, delivery and monetization tools, including HEVC technology to drive 4K video streaming. In 2014 alone, NeuLion delivered more than 50,000 live streamed sporting events to locations around the globe. The NeuLion Digital Platform has already been deployed across a vast and rapidly growing number of OTT and TV Everywhere services through partnerships with the biggest brands in the world of live and on-demand sports and entertainment content, including the NFL, NBA, NHL, UFC and others. NeuLion's new partnership with Millicom gives Latin American soccer fans a new way to connect and interact with their favorite football clubs. NeuLion continues its leadership in the video delivery of premium soccer to audiences worldwide. The TigoSports App launch with Millicom builds on the company's success with the exclusive Tigo FIFA World Cup App.

Millicom Issues $500 Million US Dollar Denominated Bonds

Millicom announced that it has issued a $500 million US Dollar- denominated bond. The company has completed the issuance of a 10-year $500 million bond with a fixed coupon of 6.00%. The issuance was done at par. The bond will be listed in Luxembourg. The company intends to use the proceeds to redeem the remaining portion of the 8.00% Senior Notes issued by its subsidiary Telemovil Finance Co Ltd. in 2010, to fund capex and for general corporate purposes.

Mauricio Ramos Appoints Mauricio Ramos as Chief Executive Officer with Effect from April 1, 2015

Millicom announced that its Board has decided unanimously to appoint Mauricio Ramos as its new Chief Executive Officer with effect from 1 April 2015. Mauricio was most recently President of Liberty Global's Latin American Division, a position he held from 2006 until February 2015.


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Price/Earnings 2.7x
Price/Sales 1.1x
Price/Book 3.0x
Price/Cash Flow 2.7x
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