Millicom International Cellular SA
Company Profile
Business description
Millicom offers wireless and fixed-line telecom services primarily in smaller, less developed countries in Latin America. Countries served include Bolivia (100% owned), Nicaragua (100%), Panama (100%), El Salvador (100%), Guatemala (100%), Paraguay (100%), Colombia (50%), and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm’s wireless networks cover about 120 million people, serving 41 million customers. Its fixed-line networks reach 14 million homes, serving about 4 million broadband customers. Increasingly, Millicom offers converged packages that include broadband with wireless services. The firm has agreed to sell the majority of its wireless towers to SBA Communications for $975 million.
Contact
2, Rue du Fort Bourbon
LuxembourgL-1249
LUXT: +352 27759021
Sector
Communication Services
Stock type
Sensitive
Industry
Telecom Services
Fiscal Year End
31 December 2024
Employees
15,000
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