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

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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

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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

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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 takes full ownership of Tigo Guatemala for $2.2 billion

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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

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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

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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 returns to profits after Africa operations’ sale

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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...

New Tigo Tanzania owner promises huge investment

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News owners of Tigo and Zantel in Tanzania, Axian Group of Madagascar have promised to make some heavy investment into the telcos and whip...

Ghanaian boss of Tigo Tanzania stresses key challenges to digital Africa

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Ghanaian CEO of Tigo Tanzania Simon Karikari (pictured) detailed the main obstacles to connecting the next 1 billion people in Africa, calling for comprehensive...

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