TMCnet News
4G launches in Bolivia(Cision Via Acquire Media NewsEdge) Stockholm, 24 July, 2014 – Millicom (Stockholmsbörsen: MIC), the international telecommunications and media company, announced today that Tigo in Bolivia has launched a 4G high-speed internet service offering users up to 100 Mbps. The service is the company’s second 4G offering and follows its launch in Colombia in December 2013. Bolivia has more than three million internet users, with 95% going online via a mobile connection. Tigo’s offer includes a strongly -promoted $50 per month service allowing multiple devices to connect via a Mifi link. At launch, over 50% of the country’s 10.5m population will be able to access the 4G service and this will increase to 70% of Bolivian people in 170 municipalities by 2018. Millicom’s CEO and President, Hans-Holger Albrecht, said “Today’s launch of the super high-speed service in Bolivia is our latest innovation in the country following the launch of our satellite TV service there in April. It represents our commitment to transforming lives with the digital lifestyle and we hope that the people in Bolivia will enjoy its benefits over the next few years.” For more please visit: www.millicom.com or contact: Press Enquiries: Julian Eccles, VP, Corporate Communications +44 7720 409374 [email protected] Investor Enquiries: Nicolas Didio, Director of Investor Relations +44 203 249 2220 [email protected] 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 under 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. This information was brought to you by Cision http://news.cision.comhttp://news.cision.com/millicom-international-cellular/r/4g-launches-in-bolivia,c9620178The following files are available for download:http://mb.cision.com/Main/950/9620178/269520.pdf 4G launches in Bolivia (c) 2014 Cision. All Rights Reserved. |