|Traded as||OMX: MIC_SDB|
|Products||Mobile networks (GSM, CDMA, TDMA, UMTS, Telecom services, Wii-MAX broadband and E-commerce through its investment in Rocket Internet|
|Revenue||USD 5.159 billion|
Millicom offers a range of digital services to over 50 million customers primarily under the “Tigo” brand in 15 markets in Africa and Latin America. Its online partnerships are active in 32 markets. The Millicom of today was founded in 1990 and has been instrumental in bringing mobile telephony to billions of people across the globe. Since the 1990's, the firm’s revenue has been driven mainly by mobile phone services but also offers cable, broadband, e-commerce and other media. In March 2013 the company announced a new strategy to double annual revenue to $9bn in 2017. The company employs over 10,000 people, has corporate offices in Stockholm, London, Miami and Luxembourg, and is listed on NASDAQ OMX Stockholm under the symbol MIC_SDB. The company's Chief Executive is Hans-Holger Albrecht, who took up the role in October 2012.
- 1 History
- 2 Latin America
- 3 Africa
- 4 Asia
- 5 Discontinued operations
- 6 External links
- 7 References
Millicom originated as a company set up by Jan Stenbeck (1942-2002) to operate voice and data distribution networks via cellular radio. In Raleigh-Durham, North Carolina. it received one of three of the first cellular development licenses awarded by the FCC.
After two years of planning, the company began operations when the founders completed a $131,000 share purchase in May 1982. The firm took over paging company, Meta Systems in October 1982 and then closed $9 million first round of financing, managed by Chief Executive Officer, Orhan Sadik-Khan and Kevin Kimberlin. 
Since 92% of the World population had no phone service at the time, Millicom promoted mobile technology on a global basis.  To do this, Millicom created joint-ventures with local and strategic partners,
On December 13, 1982, Millicom Inc.’s joint-venture with Racal Electronics was awarded a cellular license for Great Britain. To enable Millicom to earn its 10% royalty from Racal-Millicom, another company controlled by John Stenbeck. Stenbeck commissioned a start up with two employees, Technophone, to develop the world’s first pocket-sized mobile phone. Highlighting its plans to offer the Voice and Data phone (predecessor to the smart phone). This Racal-Millicom joint-venture was renamed Vodafone.
On October 12, 1983, Millicom Inc. created China Telecom Systems (HK), a joint-venture with partners China Resources Ltd. and Comvik, a Swedish mobile firm also controlled by John Stenbeck. China Telecom held the first cellular telephone contract in China making its service available to the public on May 20, 1985.
In December 1989, Millicom set up Microtel Communications Ltd. by teaming up with Pacific Telesis and British Aerospace (later bought out by Hutchinson Telecom.) Microtel was awarded a personal communication network (PCN) license to compete with Vodafone in Great Britain, a service launched in April 28th, 1994 under its brand name, Orange. This venture was acquired in October 1999, at which time, Orange and its new parent, Mannesmann, were in turn both taken over by Vodafone. At a value of $202 billion, the takeover of Mannesmann by Vodafone was the largest transaction in corporate history. Orange (formerly Microtel) was then sold to France Telecom, which subsequently changed its name to Orange.
To better manage their respective mobile interests, Millicom Inc. combined Comvik’s international cellular operations into Millicom International Cellular SA, now operating under the laws of the Grand Duchy of Luxembourg.
|This section does not cite any references or sources. (July 2009)|
TIGO was launched in Guatemala in 2004, to replace the old national brands COMCEL and Amigo de COMCEL with a new international brand. TIGO Guatemala is Guatemala's largest mobile operator with more than ten million users since August 2013 and market share of 54.1 per cent. It competes with international operators like Movistar (Telefonica) and Claro (America Movil), using technologies AMPS/TDMA (now shut down) and GSM/GPRS/EDGE both over 850 MHz. TIGO Guatemala already launched commercially UMTS/HSPA over 850 MHz in 2008.
TIGO was launched in El Salvador in 2004, to replace the old national brand TELEMOVIL with a new international brand. TIGO El Salvador is the largest mobile operator with more than 3 million users and a market share of more than 40 per cent (Q4 2013). It is also the largest cable service provider. It competes with international operators like Movistar (Telefonica), Claro (America Movil), Digicel (Digicel Group) and Red (Infonet), using GSM/GPRS and 3G technologies both over 850 MHz.
TIGO was launched in Honduras in 2004, to replace the old national brand CELTEL, that had been founded on September 15, 1996, with a new international brand. TIGO Honduras, in a country of 8 million inhabitants with an 87% mobile penetration rate, has a total 4.5 million users. It competes with international operators Claro (America Movil), Digicel (Digicel Group) and government owned operator Hondutel, using GSM/GPRS and UMTS (HSDPA) 3G both over 850 MHz. Now shutdown technologies include AMPS and CDMA.
Former "Telefónica Celular del Paraguay", it was launched in 1992; under the brand name "Telecel" introducing the AMPS technology. Replacing the old national brand "Telecel", TIGO was launched in Paraguay in 2004 (over 850Mhz). TIGO Paraguay is the largest mobile operator with more than 2.8 million subscribers and the first largest Internet provider under Wii-max and Mobile Broadband technologies. TIGO is currently using the following technologies in the country: GSM, EDGE, UMTS, HSPDA, HSPA, HSPA+, Wi-iMax, FTTH and has plans to use the LTE technology. TIGO will bring digital and HD CATV service in the Metropolitan area of Asunción in 2012 to compete with multinational cable operators like Cablevisión (Grupo Clarín) and Claro TV (America Móvil).
It competes with international mobile operators like Personal (Telecom Argentina - Telecom Italia) (over 850/1900 MHz), Claro (America Móvil) (over 1900 MHz) and VOX (former KDDI it was sold to public landline operator "COPACO") (over 900/1800/1900 MHz). The regional base to TIGO Bolivia, TIGO Colombia and TIGO Paraguay is headquartered in Asunción.
TIGO was launched in Bolivia in 2005, to replace the old national brand TELECEL BOLIVIA with a new international brand. TIGO Bolivia is the second mobile operator with more than 1.3 million users. It competes with operators like Entel, and Nuevatel PCS, using technologies AMPS/TDMA (to be shut down) and GSM/GPRS both over 850 MHz. Tigo is the first company in Bolivia to provide 3G technology.
TIGO was launched in Colombia in 2006, to replace the old national brand of Colombia Móvil OLA, with the entrance of Millicom as new partner with 51%. TIGO Colombia started operations with 3.6 million users. It competes with international operators like Claro Colombia (America Movil) and Movistar(Telefonica), using technologies GSM/GPRS/EDGE over 1900 MHz.
TIGO DRC was launched in the Democratic Republic of the Congo in 2007, to replace the old national brand OASIS with a new international brand. It competes with international operators like Airtel, Supercell, Vodacom and Orange, using technologies GSM/GPRS/EDGE over 900/1800 and from April 2013 onwards, 3G services over 2100 MHz.
In July 2011, Millicom Ghana Limited announced that their Tigo mobile network in that country was launching a 3.5G Internet broadband facility.
Operates under Emtel brand. It competes with Orange (previously known as Cellplus) and MTML with technologies GSM/GPRS and UMTS/HSDPA over 900, 1800 and 2100 MHz. Emtel also has a broadband Wimax network.
Operates under Tigo brand (licenced in 2008). It competes with Rwandacell (Maudjormi-MTN) and airtel.
TIGO was launched in Sierra Leone in 2006, to replace the old national brand with a new international brand. It competes with international operators like Celtel, Comium, Africell and Datatel GSM, using technologies GSM/GPRS/EDGE over 900 MHz. Millicom sold its Sierra Leone subsidiary to Africell Holding (Lintel group) on 29 July 2009.
TIGO was launched in Senegal in 2006, to replace the old national brand SENTEL GSM with a new international brand. It competes with international operators like ORANGE (Sonatel) and Expresso (Sudatel), using technologies GSM/GPRS/EDGE over 900 and 1800 MHz.
In Tanzania the brand TIGO was launched in 2006 after Millicom International Cellular decided to take full control of its Tanzanian network operator MIC Tanzania Limited (Mobitel), by buying out its local shareholders. It competes using technologies GSM/GPRS/EDGE over 900 MHz.
In February 2013, Millicom participated in the bidding for the newly opened Myanmar mobile licences.
Millicom was also a Telecom player in Cambodia and Laos before dropping all operations in 2009
Mobile telephony was introduced to Sri Lanka by Celltel Lanka limited (subsidiary of Millicom International Cellular) in 1989 as CELLTEL on a Motorola TACS system and Sri Lanka was the first country in south Asia to introduce this service. In 2007 CELLTEL was rebranded to TIGO and also introduced per second billing for the first time in Sri Lankan mobile history. TIGO Sri Lanka reportedly has a national market share of 21 percent with 2.2 million subscribers. TIGO Sri Lanka is second-largest mobile phone operator in 2009. Millicom sold its Sri Lankan operation on 16 October 2009.
TIGO local sites
- Latin America
||This article includes a list of references, but its sources remain unclear because it has insufficient inline citations. (June 2009)|
- Forester, Tom, “The Information Technology Revolution,” MIT Press, page 142.
- Cuff, Daniel F., ”Millicom Continues Management Growth,” The New York Times, November 4, 1982, http://www.nytimes.com/1982/11/04/business/business-people-millicom-continues-management-growth.html
- Orhan Sadik-Khan interview, August 1995
- Millicom Incorporated, Joint Proxy Statement/Prospectus, filed with the Securities and Exchange Commission, September 20, 1982
- Hultén, Stephan and Mölleryd, Bengt, “Entrepreneurs, Innovations and Market Processes in the Evolution of the Swedish Mobile Telecommunications Industry,” Paper presented at the Eighth International Joseph A. Schumpeter Society Conference, 28 June – 1 July 2000. http://www.privateline.com/PCS/NMT.pdf
- Merriden, Trevor, “Rollercoaster, the Turbulent Life and Times of Vodafone and Chris Gent,” Capstone Publishing, 2003. page 21.
- Baran, Paul, “China Telecom Joint Venture with the PRC Put On Hold,” Hong Kong Standard, October 30, 1985, page 1.
- Robinson, Peter; “Mobile Cellular Radio Phones to be Introduced,” New China Morning Post, May 20, 1985, page 2.
- "History of Cellular Services". licensing.ofcom.org.uk.
- "The Facts : 2004". na.baesystems.com. p. 107.
- “Vodafone seals Mannesmann merger". BBC. February 11, 2000.
- Monaghan, Angela; “The 10 biggest deals: how Vodafone's sale of its Verizon stake would compare.” The Guardian, September 2, 2013.
- Holliday, Katie: “The 10 largest M&A deals of all time” Investment Week, February 8, 2012
- "France Telecom buys Orange for $37 bn". The Financial Express. 30 May 2000. Retrieved 9 June 2012.
- "France Telecom clinches Orange deal". BBC. 30 May 2000. Retrieved 9 June 2012.
- Millicom International Cellular S.A., Securities and Exchange Commsission, Form 20-F/A, page 21. http://google.brand.edgar-online.com/EFX_dll/EDGARpro.dll?FetchFilingHtmlSection1?SectionID=3394461-736-780548&SessionID=jhRPFWffLuHzRl7
- Millicom Q3 2009 Investor Presentation
- "Tigo launches 3.5G Internet," Ghana News Agency, 9 July 2011.
- Africell Holding acquires Millicom Sierra Leone
- Millicom buys out Mobitel Tanzania
- "Vodafone, China Mobile eye Myanmar". Investvine.com. 2013-04-05. Retrieved 2013-04-05.