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Millicom pledges $250m long-term investment in Panama

2021-07-15 02:00:00| Total Telecom industry news

Millicom is keen to demonstrate its commitment to advancing the digitalisation of Panama, announcing a plan to invest $250 million into their local business over the 2021–2022 period. The funds will be used to expand Millicom’s fixed and mobile networks, including to underserved areas such as Bocas del Toro, Darién, Coclé and Indigenous Comarcas, thus contributing to the government’s strategy of closing the digital divide. The news comes following a meeting between Millicom CEO Mauricio Ramos and Panamanian President Laurentino Cortizo Cohen yesterday…read more on TotalTele.com »

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Millicom ploughs $135 million into Latin America

2021-07-08 02:00:00| Total Telecom industry news

Millicom, under the TIGO brand, has announced a massive upgrade to its mobile network in Honduras, Paraguay and Bolivia. The main focus of the investment is on carrier aggregation…read more on TotalTele.com »

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Millicom returns to growth in Q1, adds another 1 mln mobile clients

2021-04-29 14:15:00| Telecompaper Headlines

(Telecompaper) Millicom, owner of Tigo-branded operations across Latin America and Africa, reported a 0.1 percent year on year rise in revenues to USD 1.09 billion...

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Millicom divests Tanzania and Ghana operations to complete Africa exit

2021-04-19 10:10:00| Telecompaper Headlines

(Telecompaper) Emerging markets telecommunications group Millicom, owner of Tigo-branded operations across Latin America and Africa, has confirmed agreements to...

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Millicom completes African exodus

2021-04-19 02:00:00| Total Telecom industry news

Millicom, which operates in emerging markets via the Tigo brand, has been withdrawing from the African continent for some time. The past four years have seen the operator divest of business operations in the Democratic Republic of Congo, Rwanda, Senegal, and Chad, noting that these businesses are simply not as profitable as their Latin American operations…read more on TotalTele.com »

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