Millicom (NASDAQ:MICC)(STO:MIC), the international telecommunications
and media company, announced today that the proposed merger of its Tigo
operation in Colombia with UNE has been given the last of the
authorities’ regulatory approvals by the country’s Finance
Millicom will now work with EPM, the owner of UNE, to complete the
transaction and prepare a joint shareholder meeting within the next few
weeks. Following the meeting, it intends to announce the directors and
officers of the merged company. A further announcement on the effective
date will be made shortly.
Millicom is a leading international telecommunications and media company
dedicated to emerging markets in Latin America and Africa. Millicom sets
the pace when it comes to providing digital lifestyle services to the
world’s emerging markets, giving access to the world, primarily through
mobile devices. Operating in fourteen countries, primarily using the
Tigo brand, Millicom offers innovative and customer-centric products.
Millicom employs more than 10,000 people and provides mobile, cable,
broadband, TV content, online and financial services to over 50 million
customers. Founded in 1990, Millicom is headquartered in Luxembourg and
listed on NASDAQ OMX Stockholm under the symbol MIC. In 2013 Millicom
generated revenue of $5.16 billion and EBITDA of $1.9 billion.
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