Millicom International Cellular: Final regulatory approval given to merger with UNE – transaction due to complete shortly
August 03 2014 - 2:33AM
Business Wire
Millicom (NASDAQ:MICC)(STO:MIC), the international
telecommunications and media company, announced today that the
proposed merger of its Tigo operation in Colombia with UNE has been
given the last of the authorities’ regulatory approvals by the
country’s Finance Superintendent.
Millicom will now work with EPM, the owner of UNE, to complete
the transaction and prepare a joint shareholder meeting within the
next few weeks. Following the meeting, it intends to announce the
directors and officers of the merged company. A further
announcement on the effective date will be made shortly.
About Millicom
Millicom is a leading international telecommunications and media
company dedicated to emerging markets in Latin America and Africa.
Millicom sets the pace when it comes to providing digital lifestyle
services to the world’s emerging markets, giving access to the
world, primarily through mobile devices. Operating in fourteen
countries, primarily using the Tigo brand, Millicom offers
innovative and customer-centric products. Millicom employs more
than 10,000 people and provides mobile, cable, broadband, TV
content, online and financial services to over 50 million
customers. Founded in 1990, Millicom is headquartered in Luxembourg
and listed on NASDAQ OMX Stockholm under the symbol MIC. In 2013
Millicom generated revenue of $5.16 billion and EBITDA of $1.9
billion.
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For more please visit:
www.millicom.com or contact:MillicomPress
Enquiries:Julian Eccles, VP, Corporate Communications+44 7720
409374orInvestor Enquiries:Nicolas Didio, Director of Investor
Relations+44 203 249 2220investors@millicom.com
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