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Millicom to return almost US1B to shareholders

Latin American and African operator Millicom today said it will return up to US$800 million to shareholders through a special dividend and a share buyback plan.

Millicom warns VimpelCom on Laos deal

Luxembourg-based mobile firm Millicom International said yesterday it may seek financial compensation from Russia’s VimpelCom if it fails to complete the agreed acquisition of Millicom’s mobile business in Laos.

LatAm mobile giants eye Costa Rica

Latin American mobile giants such as América Móvil and Spain’s Telefónica are among the firms that are in talks to enter Costa Rica ahead of a spectrum auction next month that will break a 40 year telecoms monopoly in the country

Rwanda’s third mobile network launches

Millicom has officially started its mobile operations in Rwanda today, reports Cellular News.

Cost-cutting Telefonica loses ground in Central America

Millicom and Digicel make gains in 2Q09 as Spanish giant reigns in spending

Millicom launches 3G in Latin America

Millicom International Cellular has launched 3G services in Guatemala, Honduras and Bolivia, notes TelecomPaper. Launches in Paraguay, El Salvador and Colombia will follow before the end of the year, completing the rollout of 3G across all six of its markets in Latin America.

 

Four firms chase third Rwandan license

Larrycom for Investment, Millicom, Zain and Telecel Globe have emerged as serious contenders for the third national operator license in Rwanda, reports Telecompaper

Report: Investor concern over Vodafone focus

The Financial Times (FT) reports that Vodafone’s shares fell almost 8 percent yesterday on investor fears its mobile operations in emerging markets will be hurt by the global economic downturn.

Millicom wins mobile license in Rwanda

Emerging markets mobile operator Millicom International Cellular (MIC) said today it has won Rwanda’s third mobile license, reports Reuters

Millicom reports Q4 sales up 18%

Emerging markets mobile operator Millicom said its fourth-quarter EBITDA rose 31 percent from a year earlier to US$406 million, while revenues were up 18 percent to US$907 million, reports Telecompaper.