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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.

US mobile operators eye Cuban opportunity

Reports in the US media this week suggest that President Obama’s decision to ease long-standing economic restrictions against Cuba could lead to US operators entering the country’s underdeveloped mobile market.

Cambodia calls for foreign mobile investment

The Cambodian government has called for further foreign investment in the country’s mobile market. “We want more foreign firms because we want a better service, cheaper, and higher quality,” telecoms minister So Khun told reporters at a seminar on mobile phone technology this week, reports Reuters.

Millicom close to sale of Asian mobile networks

Millicom, the telecoms firm that operates the Tigo-branded mobile networks in Asia, Africa and Latin America, has said that a number of potential buyers have expressed interest in acquiring its Asian businesses.

Millicom sells Sierra Leone network

Cellular News reports that Millicom International has sold its Sierra Leone subsidiary to Africell Holding for an undisclosed amount.