Millicom Declines After Carrier Discloses `Improper Payments'

  • The shares fell the most since 2009 in Stockholm trading
  • CEO says it's unlike a bribery scandal at TeliaSonera

Millicom International Cellular SA shares fell the most since 2009 after the carrier controlled by Sweden’s Stenbeck family said it had reported suspected “improper payments” at its Guatemalan business to law enforcement authorities.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.