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TIGO commits $700m to Central America, after abandoning Africa

Millicom’s Tigo has outlined plans to spend $700 million on its mobile and broadband networks in Central America over the next two years, in...

MTN appoints former Tigo CFO as board member

MTN Group has appointed the recent past Chief Financial Officer of Millicom International Cellular (Tigo), Tim Pennington to its board of directors. Pennington, who becomes...

Millicom closes book on Africa business

Millicom completed the sale of Tigo Tanzania, a transaction which concludes the operator group’s exit from Africa and allows it to focus solely on...

Millicom sees impressive result on network investment after Africa exit

Millicom CEO Mauricio Ramos has noted mobile network investments and expansion in markets such as Colombia, Guatemala and Panama has borne fruit in 2021....

Millicom takes full ownership of Tigo Guatemala for $2.2 billion

Millicom has reportedly agreed to take full control of Tigo Guatemala by buying out a 45 per cent stake from its joint venture partner...

Millicom to spin-off mobile money, infrastructure units

Millicom CEO Mauricio Ramos has revealed that work is underway to carve-out its infrastructure assets and mobile money operations from the core business to...

Millicom Q2 success gives boost to shareholders

Millicom has resumed shareholder remuneration following a double-digit revenue uplift in second quarter 2021, as it registered growth in all countries and business units...

Millicom sells stake in Helios Towers

Millicom has agreed to sell its entire stake in Helios Towers, the final move in a strategy by the operator to divest its ownership...

Airtel starts making profit again

The 2020 fourth quarter fiscal report of Indian telecom giant, Bharti Airtel, ending March 31, 2021 indicate the company is back to making profit. The...

Millicom returns to profits after Africa operations’ sale

Millicom has reported returning to profit in the first quarter of 2021, largely driven by a record 1.1 million customer additions in its mobile...


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