Millicom completes sale of Tigo Chad operations
Luxembourg, June 27, 2019 – Millicom announced today it has completed the transaction announced on March 14, 2019, for the sale of its operations in Chad to Maroc Telecom.
For further information, please contact
Vivian Kobeh, Corporate Communications Director
+1 (786) 628-5300
Michel Morin, VP Investor Relations
+1 (786) 628-5270
Sarah Inmon, Investor Relations Manager
+1 (786) 628-5303
Millicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of cable and mobile services dedicated to emerging markets in Latin America and Africa. Millicom sets the pace when it comes to providing high-speed broadband and innovation around The Digital Lifestyle services through its principal brand, TIGO. As of December 31st, 2018, Millicom operating subsidiaries and joint ventures employed more than 21,000 people and provided mobile services to approximately 48 million customers, with a cable footprint of more than 11 million homes passed. Founded in 1992, Millicom International Cellular S.A. is headquartered in Luxembourg.
About Maroc Telecom
Maroc Telecom is a full-service telecommunications operator in Morocco and the leader in all of its Fixed-Line, Mobile and Internet business sectors. It has expanded internationally, and currently operates in ten African countries. Maroc Telecom is listed on both the Casablanca and Paris exchanges, and its majority shareholders are the Société de Participation dans les télécommunications (SPT*) (53%) and the Kingdom of Morocco (30%).
*SPT is a company incorporated under Moroccan law and controlled by Etisalat.