BUENOS AIRES, Argentina-The Telecommunications Secretary in Argentina authorized Millicom to rent the infrastructure network of existing cellular operators. This is the first time there has been a legal directive in place that allows for a mobile virtual network operator (MVNO) to operate in the...
BUENOS AIRES, Argentina-The Paraguayan Communications Company (Copaco) approved a 100-day reconstruction plan, which will help its search for a partner to install and operate a personal communications services (PCS) cellular telephone service in the cities of Asunci
HELSINKI, Finland-Danish, Swedish and German telecom companies TDC, Telia and Deutsche Telekom are showing an interest in acquiring the Stockholm, Sweden-based communications and financial services group Kinnevik's 33.5-percent shareholding in mobile operator Millicom International Cellular (MIC), headquartered in Luxembourg. Kinnevik, whose future remains the...
ST. PETERSBURG, Russia—Swedish company Tele 2 denied plans to sell the St. Petersburg-based FORA Communications AMPS carrier, which combines operators St. Petersburg Telecom and Oblcom."We are not going to sell FORA. On the contrary, we are planning to develop it and create a third...
BUENOS AIRES, Argentina—The privatization of the Paraguayan fixed telephony monopoly, which includes a personal communications services (PCS) license, will likely be postponed. The privatization was initially scheduled to take place on 7 March.The delay follows last week's third postponement of the auction of cellular...
BUENOS AIRES, Argentina—The auction of eight sets of frequencies for 2.5-generation (2.5G) and third-generation (3G) licenses in Uruguary, planned for 28 January, was postponed until May due to a request made by Telecom Personal of Argentina. The company stated that "the difficult political and...
HELSINKI, Finland—Tele2, the Swedish mobile telecom headquartered in Stockholm, has reinforced its mobile virtual network operator (MVNO) strategy in Europe through the launch of MVNO services in the Netherlands. Tele2 is purchasing network capacity from the Dutch mobile operator Telfort, which is a subsidiary...
BUENOS AIRES, Argentina—As planned, the telephony liberalization process in Bolivia began on 28 November, including a multicarrier system for national and international long-distance calls. Through the process, Entel's monopoly of the market has finally ended, as well as the regional cooperatives' hold on local...
BUENOS AIRES, Argentina—The telecom regulator of Uruguay, Unidad Reguladora de Servicios de Comunicaciones (URSEC), has decided to postpone the auction of personal communications services (PCS) and third-generation (3G) licenses that was originally going to take place on 26 November until 10 December. On that...
MOSCOW—Swedish company Tele2 launched a wireless communications project in the southern Russian city of Rostov-on-Don just weeks after the company announced the purchase of Russian assets of the Luxembourg-based Millicom International Cellular (MIC).Tele2 and Rostov Cellular Communications carrier will provide wireless broadband access on...
NEW YORK-Millicom International Cellular S.A. and Tele2 AB have agreed on a price of $80 million for Tele2 to purchase MIC's Russian cellular telephony assets, plus up to an additional $30 million, dependent on the outcome of GSM license applications, for MIC's existing cellular...
NEW YORK—Millicom International Cellular and Tele2 have agreed on a price of US$80 million for Tele2 to purchase MIC's Russian cellular telephony assets, plus up to an additional US$30 million, dependent on the outcome of GSM license applications for MIC's existing cellular telephony operations."The...
NEW YORK—Millicom International Cellular (MIC) said it will complete the final distribution of its shares to the former shareholders of Millicom Incorporated pursuant to the 1993 merger terms between MIC and Millicom.Under terms of the merger agreement, MIC will issue 374,521 shares of MIC...
BUENOS AIRES, Argentina—Five companies have applied to participate in the privatization of the Paraguayan National Telecommunications Administration (Administraci
LUXEMBOURG—Millicom International Cellular S.A. has been awarded licenses to develop GSM 1800 wireless telephony in Rostov-on-Don, Izhevsk, Kemerovo, Irkutsk and Omskand surrounding regions.The five regional licenses each have a ten-year duration and roll-out of Tele2, a GSM product, is scheduled for the first quarter...
NEW DELHI, India—India's Bharti has acquired a controlling stake in SkyCell, a cellular operator in the Indian city of Chennai in southern India, by buying out the stakes of BellSouth International and Millicom International Cellular (MIC). The foreign companies held 24.5 percent each in...
NEW YORK—Millicom International Cellular S.A. sold its 24.5 percent stake in Indian cellular operator SkyCell Communications Ltd. to Bharti Tele-Ventures Ltd."The selective sale of our non-core assets, including the ones in which we have a minority stake, will provide the necessary funds for Millicom...
MOSCOW—The Rostelecom Company plans to sell its 23.5-percent stake in Moscow Cellular Communications (MCC) due to the financial losses the operator has incurred, announced Rostelecom Director General Sergei Kuznetsov. However, MCC hurried to report a US$2 million net profit during the first half of...
NEW DELHI, India—The Bharti group is in talks with shareholders in its Chennai operations to buy out the Skycell stakes to gain 100-percent ownership of the license.Currently, Bharti Televentures, the holding company of the Bharti group, has a 40.5-percent stake in Skycell; the remainder...
BANGKOK, Thailand-After years of war and political instability, Cambodia and its 12 million people have entered a period of relative calm. With its economy starting to grow once more, demand for telephony services has jumped.The country's service of choice is the mobile phone. Exploding...
DENVER, United States-While some countries in Latin America are moving forward with advanced wireless networks, Central American nations are not likely to see commercial next-generation systems any time soon. Mass-market demand for data services remains weak due to low incomes, and market development lags...
