Millicom is a provider of cable and mobile services dedicated to emerging markets in Latin America and Africa. The company offers high-speed broadband and digital lifestyle services through its principal brand Tigo.
On February 20, Millicom announced that it has entered into agreements with Telefónica to add mobile to its cable footprint with acquisition of Telefónica’s operations in Panama, Costa Rica and Nicaragua.The Transaction is subject to customary closing conditions, including regulatory approval in each market, and closings are expected during H2 2019. Read more in Millicom's press release.
On January 9, 2019, Millicom common shares began trading on NASDAQ Stock Market in the U.S under the ticker symbol TIGO. The listing complements the company’s existing listing on NASDAQ Stockholm and is a next step to transform Millicom and their cable expansion in Latin America, a region where most of the peers are US-listed. Read more in Millicom's press release.
On 7 October Millicom announced the acquisition of Cable Onda, the leading provider of telecom services in Panama. The acquisition strengthens Millcom's position in Central America and connects the Central American and Colombian footprints. Read more in Millicom's press release.