Millicom noted that the discussions include the potential acquisition by Millicom of Telefonica’s stake in Coltel for approximately $400 million in cash
Millicom and Telefonica announced that they have entered into a non-binding Memorandum of Understanding (MoU) for the potential combination of local carriers Telefonica...
Atlas already has a 29% stake in Millicom, and two weeks ago, offered to purchase the remaining shares for $24 each
An independent committee representing Millicom’s board urged shareholders to turn down the offer from Xavier Niel’s Atlas Investissement to buyout the Latin America-focused operator group.
Atlas...
Xavier Niel’s investment firm already has a 29% stake in Millicom
French businessman Xavier Niel’s Atlas Investissement is looking to buyout Latin America-focused operator group Millicom, offering to purchase the shares it doesn’t already own in a deal valuing the carrier at roughly $4.1 billion.
Millicom,...
U.S.-based Open RAN company Parallel Wireless announced the opening of a research and development (R&D) lab and testing facility in Ottawa, Canada to further develop 5G radio access equipment and expand the firm's global presence.
Maxime Dumas, general manager of Parallel Wireless in Canada said,...
Millicom has selected Parallel Wireless for the deployment of O-RAN-compliant Open Radio Access Network (Open RAN) architecture in Latin America.
The O-RAN network will be deployed by Millicom’s subsidiary Tigo Colombia, with the aim of delivering 4G service coverage in 362 rural sites across the...
The UK telco is collaborating with US firm Cavium on G.fast tests
UK telecoms operator BT has successfully used G.fast technology to deliver a Cloud Radio Access Network (C-RAN) cellular network service over copper, the telco said in a statement.
C-RAN is a network architecture used...
The merger between Colombian state telco UNE and Millicom's Colombian unit Tigo has received approval from the country’s regulator for industry and commerce, the SIC. Once merged, they will account for 135 megahertz of spectrum, and the SIC has determined that the companies should...
The Colombian telecom market may see a merger between Millicon and EPM Telecomunicaciones companies. On Feb. 5, Millicom International Cellular and EPM (Empresas Publicas de Medellin) announced that they have entered into exclusive negotiations regarding the possible combination of their Colombian telecom operations.
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Millicom International Cellular S.A., which operates under the "Tigo" brand, said it plans to implement a new structure based on three key components: in-market organizations, global categories and global support functions.
In a statement, Millicom CEO and President Mikael Grahne explained that the company...
Telecom infrastructure giant American Tower Corp. (AMT) said it will buy up to 2,126 towers from telecommunications group Millicom International Cellular S.A. (MIC) subsidiary Colombia M
Livewire Mobile Inc. said it acquired FoneStarz Media Group, which is a mobile content supplier and digital storefront that works with a variety of telecom and media brands. The combined company will provide application distribution, ringback, full-track music, video, advertising, ringtones, images and games....
Huawei, a leader in providing next generation telecommunications network solutions for operators around the world, today announced that it has been selected by Millicom, a mobile phone network provider in Latin America and Africa, to deploy an international long-distance network in Central America....
Scanbuy said customers who have downloaded its ScanLife mobile barcode scanning application on their smartphones have contributed to 30 times more traffic on the platform compared with last year. The application allows shoppers to scan barcodes to obtain information about products. The company said...
Tyco Electronics (TEL) reached a deal to purchase ADC Telecommunications (ADCT) for $1.24 billion. Tyco will pay $12.75 per share for ADC. The deal boosts Tyco's presence in the network-equipped products market.Synchronoss Technologies (SNCR), which provides on-demand transaction management software platforms, announced it entered...
eAgency Mobile Solutions announced the availability of Application and Browser blocking, which is a new feature of its My Mobile Watchdog child safety device. The blocking service is a free and automatic enhancement for new and existing customers and allows parents to control...
Ericsson reported it has entered into an agreement to purchase Nortel's majority shareholding in LG-Nortel, renaming the venture LG-Ericsson. Terms of the deal were not released. Ericsson had previously acquired Nortel's GSM assets in North America. Ericsson said the joint venture will include contracts...
Adtran Inc. reported first-quarter results, including a 15% increase in sales to $127 million from $110 million during the first quarter of 2009. Net income increased 20% to $18.2 million, or 29 cents per share, compared with net income of $15.2 million, or 24...
Alvarion Ltd. reported revenues of $60.2 million for the fourth quarter, down 14% from revenues of $70.1 million in the fourth quarter of 2008. Net loss for the quarter was $1.3 million, or 2 cents per share, compared with a loss of $4.8 million,...
Millicom International Cellular S.A. is deploying Comverse's Voice HUB product in its TIGO-branded wireless networks in Bolivia and Honduras. The Comverse product includes a service that forwards voice messages as multimedia messages or e-mails. Other features of the Voice HUB product...
Mobixell Networks, which provides mobile multimedia and advertising solutions, acquired mobile Internet company 724 Solutions. The combined company will focus on rich media mobile Internet and messaging solutions for mobile operators.EMS Technologies Inc.Sky Connect divisions. The new business unit will provide a variety of...
STOCKHOLM, Sweden-After weeks of speculation that a deal was in the works for China Mobile to purchase Millicom International Cellular S.A., Millicom declared that it terminated all sales talks. "Since May 2006, the company has been in prolonged discussions and due diligence with one...
STOCKHOLM—After weeks of speculation that a deal was in the works for China Mobile to purchase Millicom International Cellular S.A., Millicom declared that it terminated all sales talks. "Since May 2006, the company has been in prolonged discussions and due diligence with one potential...
BEIJING-Rumors are swirling that China Mobile Communications Corp., the world's largest wireless carrier, may be on the brink of acquiring Luxembourg-based Millicom International Cellular SA-or possibly, already has bought the company. Several newspapers reported last week that the two companies were close to a...
