Millicom International Cellular S.A.
News and overview for Millicom International Cellular S.A.
Millicom International Cellular: Capital Markets Day 2009 [Press Release]
Business Wire | 25 days 15 hours 45 minutes ago
Millicom International Cellular S.A. (“Millicom”) (NASDAQ:MICC) (STO:MIC) is today holding its 5th Annual Capital Markets Day in Miami.
Millicom International Cellular: Sale of Millicom s Sri Lanka Operation [Press Release]
Business Wire | 37 days 7 hours 4 minutes ago
Millicom International Cellular S.A. (“Millicom”) (Nasdaq Stock Market: MICC and Stockholmsbörsen: MIC) (NASDAQ:MICC) (STO:MIC) today announces that it has entered into an unconditional agreement for the sale of Tigo (Private) Limited, its Sri Lanka operation, to Etisalat for approximately $155 million in total cash proceeds. The transaction values the Sri Lanka operation at an enterprise value of $207 million, which represents approximately 7.4x estimated 2009 EBITDA. The transaction is not ...
Millicom International Cellular: Completion of Sale of Millicom s Sri Lanka Operation [Press Release]
Business Wire | 36 days 14 hours 43 minutes ago
Millicom International Cellular S.A. (“Millicom”) (Nasdaq Stock Market: MICC and Stockholmsbörsen: MIC) today announces that the unconditional agreement for the sale of Tigo (Private) Limited, its Sri Lanka operation, to Etisalat has now closed.
Millicom International Cellular: Notice of Third Quarter 2009 Results and Conference Call [Press Release]
Business Wire | 39 days 16 hours 37 minutes ago
TUESDAY, 20 OCTOBER 2009
UAE Etisalat buys Tigo Sri Lanka for $207 million - MarketWatch
MarketWatch | 35 days 10 hours 37 minutes ago
(Adds detail, comments.)
Millicom mulling acquisition opportunities
Total Telecom Magazine (U.K.) | 2 days 18 hours 45 minutes ago
Operator likely to use cash from sale of Asian assets to bloster LatAm, Africa ops.
Unstrung - Millicom Sells Sri Lanka Biz - Telecom News Wire
Unstrung.com | 36 days 12 hours 13 minutes ago
Millicom has entered into an unconditional agreement for the sale of Tigo, its Sri Lanka operation, to Etisalat for approximately $155M
UAE Etisalat Buys Tigo Sri Lanka For $207 Million
Wall Street Journal, The | 34 days 22 hours 39 minutes ago
(This story was originally published Saturday) DUBAI (Zawya Dow Jones)--Abu Dhabi-based Emirates Telecommunications Corp. (ETISALAT.AD), or Etisalat, said Saturday it acquired a 100% stake in Tigo Sri Lanka, a wholly-owned unit of Luxembourg-based Millicom International Cellular S.A. (MICC), for $207 million as it continues its expansion into new markets.
Etisalat buys Tigo Sri Lanka for $207m
Total Telecom Magazine (U.K.) | 33 days 17 hours 37 minutes ago
Sri Lanka-based operator has 21% market share, 2.25 million users.
Light Reading Asia - Services Software - Etisalat Buys Into Sri Lanka - Telecom News Wire
Light Reading | 33 days 15 hours 59 minutes ago
ABU DHABI -- Etisalat announced its acquisition of a 100% stake in "Tigo Sri Lanka", a wholly owned subsidiary of Nasdaq listed Millicom International Cellular S.A, for an enterprise value of 207 Million US Dollars.
US HOT STOCKS: Apple, Boston Scientific, Bank Of New York, UAL
Wall Street Journal, The | 32 days 9 hours 3 minutes ago
U.S. stocks were lower Tuesday, with the Dow Jones Industrial Average sliding 84 points to 10008, the S&P 500 falling 10 points to 1088 and the Nasdaq Composite declining 19 points to 2157. Among the companies whose shares are actively trading are Apple Inc. (AAPL), Boston Scientific Corp. (BSX) and Bank of New York Mellon Corp. (BK).
US HOT STOCKS: SanDisk, Yahoo, Cree Active In Late Trading
Wall Street Journal, The | 32 days 6 hours 11 minutes ago
U.S. stocks closed lower Tuesday, with the Dow Jones Industrial Average falling 50.71 points to 10041.48, the Standard & Poor's 500 declining 6.85 points to 1091.06 and the Nasdaq Composite decreasing 12.85 points to 2163.47. Among the companies whose shares are active in late trading are SanDisk Corp. (SNDK), Yahoo Inc. (YHOO) and SLM Corp. (SLM).
US HOT STOCKS: Apple, Boston Scientific, Bank of NY Mellon
Wall Street Journal, The | 32 days 10 hours 16 minutes ago
U.S. stocks were lower Tuesday, with the Dow Jones Industrial Average declining 90 points to 10001, the S&P 500 falling 1% to 1087 and the Nasdaq Composite decreasing 1% to 2155. Among the companies whose shares are actively trading are Apple Inc. (AAPL), Boston Scientific Corp. (BSX) and Bank of New York Mellon Corp. (BK).
INTERVIEW: Etisalat Eyes $825M Libyan Investment, Expansion
Wall Street Journal, The | 34 days 13 hours 49 minutes ago
Of ZAWYA DOW JONES DUBAI (Zawya Dow Jones)--Emirates Telecommunications Corp. (ETISALAT.AD) or Etisalat, plans to spend $825 million on investments in Libya where it's bidding for a license as part of a plan to double subscribers by 2012, a company official said on Sunday.
US HOT STOCKS: Apple, Caterpillar, Boston Scientific, Pfizer
Wall Street Journal, The | 32 days 12 hours 17 minutes ago
U.S. stocks were lower Tuesday, with the Dow Jones Industrial Average falling 28 points to 10063, the S&P 500 dropping 2.6 points to 1095 and the Nasdaq Composite off 2.5 points to 2173. Among the companies whose shares are actively trading are Apple Inc. (AAPL), Caterpillar Inc. (CAT) and Boston Scientific Corp. (BSX).
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Company Overview
| Company: | Millicom International Cellular S.A. |
|---|---|
| Industry: | Wireless Communications Services |
| Website: | http://www.millicom.com |
Unlike residents of more developed nations, the first telephone many people in developing regions owned was a cell phone. Millicom International Cellular (MIC) primarily provides cellular phone service to more than 23 million subscribers in 16 emerging markets with limited wireline infrastructure. It markets products and services under the tigo brand in most of its service areas. The company's core market is Latin America, where it does three-quarters of its business, but it also has cellular operations and licenses in countries within Africa and Asia. Nearly all of MIC's subscribers are prepaid wireless customers.
Key Numbers
| Sales in U.S. Dollars (mil.) | 3,412.4 (2008) |
|---|---|
| One-year % Growth in Sales | 29.7 (2008) |
| Net Income in U.S. Dollars (mil.) | 404.4 (2008) |
| One-year % Growth in Net Income | -43.1 (2008) |
| Number of Employees | 6,607 (2008) |
| One-year % Growth in Number of Employees | 38.6 (2008) |
| Fiscal Year-End | December |