je.st
news
Tag: millicom
Millicom appoints Ooredoo exec to head up Africa push
2015-08-26 02:00:00| Total Telecom industry news
Cynthia Gordon to head up telco's newly created Africa executive committee.
Millicom posts revenue growth but slips into the red
2015-07-21 02:00:00| Total Telecom industry news
Emerging markets operator aims to become Latin America's second largest cable operator.
Millicom buys 85% stake in Zantel with plans to deploy 4G
2015-06-05 09:18:00| Telecompaper Headlines
(Telecompaper) Millicom has agreed to buy an 85 percent stake in Tanzanian operator Zanzibar Telecom (Zantel) from the Etisalat Group. Under the terms of the agreement, Millicom will pay a total cash consideration of USD 1 dollar and assume total debt obligations of USD 74 million. In addition, Zantel will have up to USD 32 million in net current liabilities at closing. Millicom expects the EBITDA of Zantel to reach USD 25 million through a combination of bringing new products and services to the existing customer base and delivering greater efficiencies. The acquisition agreement allows for an adjustment to the total consideration if that target is not reached by the end of 2019. Millicom intends to retain and continue to operate the Zantel brand, while delivering cash flow growth by leveraging technical and operational efficiencies. The company plans to roll out 4G coverage and access more bandwidth capacity via the undersea fibre optic cable EASSy. Millicom has arranged with a leading international bank, the provision of a USD 100 million 5-year credit facility for Zantel.
Millicom buys Zantel for $1 plus debt
2015-06-05 02:00:00| Total Telecom industry news
Etisalat sells out of Tanzania as Millicom looks to scale up in the market.
Millicom partners with Momac to launch SmartApps
2015-04-28 20:14:00| Telecompaper Headlines
(Telecompaper) Millicom has partnered with Momac to launch SmartApps, a new Tigo-branded mobile service that will give mobile customers access to premium content. Powered by Momac's platform, the solution will bundleTigo's wide range of data packages together with high value third party services such as Deezer, Qello, Gameloft, Busuu and many more. End-users can easily register to these Over The Top (OTT) services, straight from the Tigo-branded app or via web and mobile internet. The service has commenced a full rollout in Guatemala, Colombia, El Salvador, Bolivia, Honduras. The service will be fully implemented across Millicom's Latin American markets by the end of the third quarter of 2015.
Tags: partners
launch
millicom
Sites : [2] [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] [16] [17] [18] next »