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Last $42.54 USD
Change Today +0.21 / 0.50%
Volume 308.0
As of 8:10 PM 02/12/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

2, Rue du Fort Bourbon

Luxembourg, 1249


Phone: 352 27 759021


Millicom International Cellular S.A. provides communications, information, entertainment, solutions and financial services in emerging markets. The company operates various combinations of mobile and fixed telephony, cable, and broadband businesses in 15 countries. As of December 31, 2011, the company had 13 mobile operations in 13 countries focusing on emerging markets in Central America, South America, and Africa. The company had 43.1 million total mobile customers as of December 31, 2011. The company offers third generation broadband services in various Latin American markets, Mauritius, Rwanda, Ghana, and Tanzania. It also offers WiMAX services in selected countries, where it has acquired WiMAX licenses (such as in Paraguay, Bolivia, and El Salvador). Operations Central America The company’s cable, broadband, television, fixed telephony, and corporate data operations in Central America are located in El Salvador, Guatemala, Honduras, Costa Rica, and Nicaragua. Its Central American mobile licenses covered approximately 28 million people as of December 31, 2011. The company’s cable operation has approximately 721 thousand revenue generating units across Central America. El Salvador: The company has a 100% equity interest in Telefonica Celular de Bolivia S.A. (Telecel Bolivia). As of December 31, 2011, its network in El Salvador consisted of 1,048 cell sites. Guatemala: The company has a 55% equity interest in Comunicaciones Celulares, S.A. (Comcel). Comcel operates GSM/general packet radio services (GPRS)/EDGE and third generation/high speed downlink packet access (HSDPA) networks. As of December 31, 2011, its network in Guatemala consisted of 2,981 cell sites. The company provides various services with corporate voice over Internet protocol, IP video conferencing, and IP-PBX. Honduras: The company has a 66.67% equity interest in Telefonica Celular S.A. (Celtel). Celtel operates a GSM/GPRS/EDGE network and a third generation/HSDPA network. As of December 31, 2011, its network in Honduras included 1,536 cell sites. South America The company’s mobile operations in South America are located in Bolivia, Colombia, and Paraguay. Its South American licenses covered approximately 61 million people as of December 31, 2011. Bolivia: The company has a 100% equity interest in Telecel Bolivia. As of December 31, 2011, its network in Bolivia included 982 cell sites. Colombia: In 2011, the company acquired 40% of the subsidiary of American Towers in which Colombia Móvil is selling and leasing back a portion of its cell sites. As of December 31, 2011, its network in Colombia included 3,095 cell sites (of which 1,346 owned and operated by the subsidiary of American Towers in Colombia). Paraguay: The company owns 100% in Telefonica Celular del Paraguay S.A (Telecel). Telecel primarily operates a GSM network, which is GPRS/EDGE enabled. Telecel also operates a broadband wireless network with WiMAX, broadband mobile, and fiber optic in Paraguay. As of December 31, 2011, Telecel's network in Paraguay included 983 cell sites. Africa The company’s mobile operations comprise Chad, the Democratic Republic of Congo, Ghana, Mauritius, Rwanda, Senegal, and Tanzania. Its African licenses covered approximately 176 million people as of December 31, 2011. Cable: The company owns 100% in Millicom Tchad S.A. (Millicom Tchad). The company offers tigo branded prepaid services through its GSM network and services that include GPRS, EDGE, multimedia messaging services, and e-PIN and has an international gateway. As of December 31, 2011, its network in Chad included 377 cell sites. Democratic Republic of Congo: The company owns 100% in Oasis S.P.R.L. It owns a 40% interest in Helios Towers DRC, a direct subsidiary of Helios Towers Africa. Ghana: The company owns 100% in Millicom Ghana Company Limited (Millicom Ghana). Millicom Ghana is a mobile operator in Ghana. As of December 31, 2011, its network in Ghana included 812 cell sites. Millicom Ghana's GSM license authorizes it to provide mobile and local fixed wireless services. Millicom Ghana offers the tigo brand and a range of value-added services, such as GPRS, wireless application protocol, multimedia messaging services, caller ring back tones, and other interactive value-added services. Mauritius: The company has a 50% equity interest in Emtel Limited (Emtel). Emtel owns licenses for mobile services, international long-distance, and Internet services. Emtel operates a GSM network, which is GPRS/EDGE enabled and a universal mobile telecommunications system/third generation/high speed packet access network. As of December 31, 2011, its network in Mauritius included 290 cell sites. Rwanda: The company owns 87.5% in Tigo Rwanda S.A. As of December 31, 2011, its network in Rwanda included 261 cell sites. Senegal: The company owns 100% in Sentel GSM S.A. As of December 31, 2011, its network in Senegal included 619 cell sites. Tanzania: The company owns 100% of MIC Tanzania Limited. As of December 31, 2011, its network in Tanzania included 1,173 cell sites. Dispositions In 2011, the company sold its operations in Laos and its Asian business segment. Significant Events In December 2013, Millicom and Rocket Internet have signed an agreement to partner with MTN to develop their African online company Africa Internet Holding (AIH). In September 2014, Altera Corporation announced a three-year strategic agreement with China Mobile Research Institute (CMRI) to research and prototype next-generation green wireless network infrastructure solutions based on the Centralized Radio Access Network (C-RAN) architecture that leverages network function virtualization (NFV). In November 2014, Kalixa Pay Ltd. announced the setup of a 50:50 joint venture with Millicom International Cellular SA. Competition The company’s competitors include Vodacom Tanzania; Zain Celtel; Zantel; America Móvil (Claro); MTN; Bharti; France Telecom (Orange); Vodafone; and Telefonica. History Millicom International Cellular S.A. was founded in 1968.


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