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Millicom International Cellular SA (NASDAQ U.S.: TIGO,
NASDAQ Stockholm Nasdaq Stockholm, formerly known as the Stockholm Stock Exchange ( sv, Stockholmsbörsen), is a stock exchange located in Frihamnen, Stockholm, Sweden. Founded in 1863, it has become the primary securities exchange of the Nordic countries. As o ...
: TIGO_SDB) is a Luxembourgish fixed line and mobile
telecommunications Telecommunication is the transmission of information by various types of technologies over wire, radio, optical, or other electromagnetic systems. It has its origin in the desire of humans for communication over a distance greater than that fe ...
services provider dedicated to emerging markets in
Latin America Latin America or * french: Amérique Latine, link=no * ht, Amerik Latin, link=no * pt, América Latina, link=no, name=a, sometimes referred to as LatAm is a large cultural region in the Americas where Romance languages — languages derived f ...
operating under the Tigo brand. As of December 31, 2020, Millicom operating subsidiaries and joint ventures employed more than 21,000 people and provided mobile services to approximately 55 million customers, with a cable footprint of more than 12 million homes passed.


History

Millicom International Cellular SA was established on December 14, 1990, by Shelby Bryan,
Jan Stenbeck Jan Hugo Robert Arne Stenbeck (; 14 November 1942 – 19 August 2002) was a Swedish business leader, media pioneer, sailor and financier. He was head of Kinnevik Group from 1976 and founded among other things the companies Comviq, Invik & C ...
, Telma Sosa, and Olvin Galdamez, combining the cellular telephone properties owned by Industriförvaltnings AB Kinnevik and Millicom Incorporated. Millicom is headquartered in
Luxembourg Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small lan ...
with a United States corporate office in
Miami Miami ( ), officially the City of Miami, known as "the 305", "The Magic City", and "Gateway to the Americas", is a coastal metropolis and the county seat of Miami-Dade County in South Florida, United States. With a population of 442,241 at ...
. Through the Tigo and Tigo Business brands, Millicom provides digital services, including high-speed data, broadband, mobile, cable TV, voice and SMS, Mobile Financial Services, and business communications. Millicom operates in nine Latin American markets, including Bolivia, Colombia, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama and Paraguay. After two years of planning, the company began operations when the founders completed a $131,000 share purchase in May 1982. The firm took over paging company Meta Systems in October 1982 and then raised $9 million in its first round of financing, managed by chief executive officer, Orhan Sadik-Khan and
Kevin Kimberlin Kevin Kimberlin is chairman of Spencer Trask & Co., an advanced technology firm. Kimberlin has distinguished himself by partnering with or backing "obsessive missionaries" including Jonas Salk, Walter Gilbert, John Wennberg and Robert Langer. T ...
. Since 92% of the world population had no phone service at the time, Millicom promoted mobile technology on a global basis. To do this, Millicom created joint-ventures with local and strategic partners. On 13 December 1982, a joint-venture with Racal Electronics was awarded a cellular license for the United Kingdom. To enable Millicom to earn its 10% royalty from Racal-Millicom, a controlling shareholder, Stenbeck commissioned a startup with three employees, Technophone, to develop the world's first pocket-sized mobile phone. Highlighting its plans to offer the Voice and Data phone (predecessor to the smartphone), his Racal-Millicom joint-venture was renamed
Vodafone Vodafone Group plc () is a British multinational telecommunications company. Its registered office and global headquarters are in Newbury, Berkshire, England. It predominantly operates services in Asia, Africa, Europe, and Oceania. , Vod ...
. On 12 October 1983, Millicom Inc. created China Telecom Systems (HK), a joint-venture with partners
China Resources China Resources Holdings Company Limited (), or simply China Resources, is a Chinese state-owned conglomerate that owns a variety of businesses in Hong Kong and Mainland China. Some of its subsidiaries use the name in the form of the acronym CR ...
Ltd. and
Comvik Comviq (originally Comvik) is since 2009 a Swedish prepaid and postpaid mobile phone flanker brand, fully owned by Tele2. The original Comvik operation is the predecessor to two listed companies: Tele2 and Millicom. Comvik The original Co ...
, a Swedish mobile firm also controlled by Jan Stenbeck. China Telecom Systems (HK) held the first cellular telephone contract in China, making its service available to the public on 20 May 1985. In December 1989, Millicom set up Microtel Communications Ltd. by teaming up with
Pacific Telesis Pacific Telesis Group was one of the seven Regional Bell Operating Companies, sometimes also referred to as "RBOCs" or "Baby Bells", created in 1983 in preparation of the breakup of AT&T as a holding company for Pacific Bell and Nevada Bell, Pa ...
and
British Aerospace British Aerospace plc (BAe) was a British aircraft, munitions and defence-systems manufacturer. Its head office was at Warwick House in the Farnborough Aerospace Centre in Farnborough, Hampshire. Formed in 1977, in 1999 it purchased Marcon ...
(later bought out by
Hutchison Telecom Hutchison Asia Telecom Group or HAT, is a division of Hong Kong-based multinational conglomerate CK Hutchison Holdings. The division provides telecommunications services to several Asian countries. The division was formerly incorporated as H ...
.) Microtel was awarded a personal communication network (PCN) license to compete with
Vodafone Vodafone Group plc () is a British multinational telecommunications company. Its registered office and global headquarters are in Newbury, Berkshire, England. It predominantly operates services in Asia, Africa, Europe, and Oceania. , Vod ...
in the United Kingdom, a service launched on 28 April 1994 under its brand name,
Orange Orange most often refers to: *Orange (fruit), the fruit of the tree species '' Citrus'' × ''sinensis'' ** Orange blossom, its fragrant flower *Orange (colour), from the color of an orange, occurs between red and yellow in the visible spectrum * ...
. This venture was acquired in October 1999, at which time Orange and its new parent,
Mannesmann Mannesmann was a German industrial conglomerate. It was originally established as a manufacturer of steel pipes in 1890 under the name "Deutsch-Österreichische Mannesmannröhren-Werke AG". (Loosely translated: "German-Austrian Mannesmann pip ...
, were in turn both taken over by Vodafone. At a value of $202 billion, the takeover of Mannesmann by Vodafone was the largest transaction in corporate history. Orange (formerly Microtel) was then sold to
France Telecom Orange S.A. (), formerly France Télécom S.A. (stylized as france telecom) is a French multinational telecommunications corporation. It has 266 million customers worldwide and employs 89,000 people in France, and 59,000 elsewhere. In 2015, ...
, which subsequently changed its corporate name to Orange. To better manage their respective mobile interests, Millicom Inc. combined with Comvik's international cellular operations to become Millicom International Cellular SA in 1990, which now operates under the laws of the
Grand Duchy of Luxembourg Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small lan ...
. In 2000, Millicom started investing in three continents: Asia, Africa, and
Latin America Latin America or * french: Amérique Latine, link=no * ht, Amerik Latin, link=no * pt, América Latina, link=no, name=a, sometimes referred to as LatAm is a large cultural region in the Americas where Romance languages — languages derived f ...
. In 2004, Millicom conceptualized the TIGO brand. In 2008, Millicom acquired AMNET for fixed Internet and TV services, leading to the company's formal cable business entrance. Millicom completed the sale of its Asian business segment in 2011 with the sale of Laos. It previously operated in Cambodia, India, Indonesia, Pakistan, Philippines, Sri Lanka, and Vietnam. With the sale of its last remaining Asian operation, Millicom shifted its focus to Latin America and Africa. Millicom launched its first 4G high-speed internet services in Colombia in 2014, followed by Bolivia later in the year, and the remaining markets soon after. In 2014, Millicom launched the TIGO Sports Television channel in
Paraguay Paraguay (; ), officially the Republic of Paraguay ( es, República del Paraguay, links=no; gn, Tavakuairetã Paraguái, links=si), is a landlocked country in South America. It is bordered by Argentina to the south and southwest, Brazil to th ...
and Bolivia. In 2012, Millicom partnered with
UNICEF UNICEF (), originally called the United Nations International Children's Emergency Fund in full, now officially United Nations Children's Fund, is an agency of the United Nations responsible for providing humanitarian and developmental aid to ...
to protect children's rights, later renewing the partnership in 2020 to cover child online protection, and as virtual education gained prominence during the COVID-19 global pandemic. In 2016, Millicom partnered with Microsoft to provide cloud services to its Tigo Business customers in eight markets in Latin America. In 2017, Millicom launched TIGO ONEtv, the first Next Generation TV (NGTV) service for LATAM customers, integrating traditional linear television content with over-the-top platforms, as well as video on-demand. In 2018, Millicom acquired Cable Onda in Panama. In 2019, Millicom expanded its
Latin America Latin America or * french: Amérique Latine, link=no * ht, Amerik Latin, link=no * pt, América Latina, link=no, name=a, sometimes referred to as LatAm is a large cultural region in the Americas where Romance languages — languages derived f ...
n presence, acquiring subsidiaries of
Telefónica Telefónica, S.A. () is a Spanish multinational telecommunications company headquartered in Madrid, Spain. It is one of the largest telephone operators and mobile network providers in the world. It provides fixed and mobile telephony, broadba ...
in
Central America Central America ( es, América Central or ) is a subregion of the Americas. Its boundaries are defined as bordering the United States to the north, Colombia to the south, the Caribbean Sea to the east, and the Pacific Ocean to the west. ...
(Panama and Nicaragua). In addition, in 2019, Millicom common shares started trading on the NASDAQ Stock Market in the United States under the symbol TIGO. The new listing complemented the company's existing Swedish Depository Receipt (SDR) listing on NASDAQ Stockholm. In October 2020, Millicom became the first mobile operator in Latin America to introduce Amazon Prime Video Mobile Edition. In April 2021, Millicom partnered with
Amazon Web Services Amazon Web Services, Inc. (AWS) is a subsidiary of Amazon that provides on-demand cloud computing platforms and APIs to individuals, companies, and governments, on a metered pay-as-you-go basis. These cloud computing web services provide d ...
to expand and integrate its managed and professional services into its cloud services portfolio in Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Panama, and Colombia. That same month, Millicom announced the sale of its operations in Tanzania and for its stake in the AirtelTigo joint venture in Ghana, completing its multi-year plan to divest its African operations and focus on its Latin American markets.


Latin America


Guatemala

Millicom has operated in Guatemala since 1990. It owns a 100% equity interest in the operation after acquiring the remaining 45% stake from its local joint venture partner in an $2.2 billion deal in November 2021. The Tigo brand launched in 2004, replacing former national brands COMCEL and Amigo de COMCEL. Tigo Guatemala is the country's largest mobile operator with more than nine million customers and market share of 53.4 percent. Mobile penetration is estimated at 112 percent (as measured by GSMA, 2017) with internet penetration at 27 percent (World Bank, 2015). Tigo also provides mobile financial services through Tigo Money, as well as broadband, cable and business Services.


El Salvador

Millicom provides mobile and cable and other fixed services in El Salvador through Telemovil, which is wholly owned by Millicom. Tigo El Salvador has operated in the country since 1993. It is now the country's largest mobile operator with three million customers and a market share of 37.8 percent (2015). Tigo is also El Salvador's largest broadband and cable service provider and offers satellite DTH services, mobile financial services under the brand Tigo Money, as well as corporate and B2B services. Millicom equity holding is 100 percent. (Q1 2014)


Honduras

Tigo launched in 2004 to replace the former national brand CELTEL. It is now the leading mobile service provider in a country of eight million, with an estimated 4.8 million customers. Its mobile market share is placed at 66 percent. Tigo Honduras also offers broadband, cable, business, satellite, and financial services. Millicom equity holding is 66.7 percent.


Paraguay

Millicom provides mobile and cable and other fixed services in Paraguay through various subsidiaries which it fully owns. Millicom has operated in Paraguay since 1992 and is now the largest mobile operator with 3.8 million subscribers from a population of 6.7 million (World Bank 2012). Tigo Home has become market leader for pay TV and fixed broadband services since its launch in 2014, alongside Millicom's first DTH satellite service. Tigo's mobile market share is 56.4 percent. Tigo Paraguay has exclusive rights to broadcast Paraguay’s national league championship games through 2023, and has exclusive sponsorship rights in telecommunications for the Paraguayan National Soccer Team through 2023. Millicom equity holding is 100 percent.


Exclusive Channels of Tigo TV Paraguay


Tigo Sports

Launched in 1994 as a Pay TV Channel and Digital sports content provider, this was the first sports media launched in all operations in Millicom. Originally known as Teledeportes Paraguay, a sports producing company that evolved into broadcast of events and programs 24/7. Its headquarters named "Tigo Sports Media House" is based in Fernando de la Mora and is among the best equipped studios in the region with 2 studios of 400 sq mts. Tigo Sports owns its own fleet of OB Vans and has over 150 employees. Sports rights that were part of the grid included: * NBA (Shared with PSN, ESPN, Bein Sports, DIRECTV Sports and NBA TV, seasons 1998/99, 2015/16 and 2016/17) * Serie A (Shared with PSN, Bein Sports, DIRECTV Sports and Claro Sports, seasons 2014/15 and 2015–16) * Premier League (Shared with ESPN, Bein Sports, DIRECTV Sports and Claro Sports, seasons 2014/15 and 2015/16) * FIFA World Cup Brazil 2014 * Copa America Chile 2015 (Shared with Bein Sports & DIRECTV Sports) * Copa America Centenario (USA) 2016 * FIFA World Cup Russia 2018


Tigo Max

Launched in 1992 as a pay-per-view channel Sportive events of Tigo Max *
Paraguayan Primera Division Paraguay (; ), officially the Republic of Paraguay ( es, República del Paraguay, links=no; gn, Tavakuairetã Paraguái, links=si), is a landlocked country in South America. It is bordered by Argentina to the south and southwest, Brazil to t ...
* División Intermedia * Paraguayan Basketball League * TC 2000


Tigo Music


Tigo SAT Network

Launched in January 1995 as a 24-hour variety Pay TV channel. Telenovelas broadcast on Tigo SAT Network *
O Rei do Gado ''O Rei do Gado'' (English: ''King of Cattle'') is a Brazilian telenovela written by Benedito Ruy Barbosa and directed by Luiz Fernando Carvalho that was produced and broadcast on TV Globo, from 17 June 1996 to 15 February 1997, totaling 209 epi ...
* Terra Nostra *
Mi pequeña traviesa ''Mi pequeña traviesa'', (''Little Miss Mischief'') is a Mexican telenovela produced by Pedro Damián for Televisa in 1997–1998. Michelle Vieth and Héctor Soberón star as the protagonists, while Arleth Terán, Mariana Seoane and Khotan st ...
* Café con aroma de mujer


Unicanal

Unicanal Unicanal is a Paraguayan Digital television network owned and operated by Grupo JBB. Programming News ;Noticieros Unicanal * Notciero Unicanal Primera Edición * Noticiero Unicanal: Segunda Edición * Noticiero Central Unicanal * Síntesi ...
was a 24-hour Pay TV cable purchased in October 2012 by the merger with Cablevision Paraguay (property of Grupo Clarin Argentina). It began operations on 15 December 1989, when it started broadcasting at 5:45 AM. During its time as propriety of Tigo Paraguay, genres included in the grid included News, Entertainment, Realities, Health, Magazines, alternating between local content and Argentinian content provided by El Trece Argentina (also part of Grupo Clarin) In February 2014, local soccer broadcast was translated from Unicanal to Tigo's new Pay TV cable, Tigo Sports, dedicated to sports 24/7. In February 2015, Tigo sold the operations of Unicanal to JBB Group, a company owner of Radio Disney, specialized in media, entertainment, distribution and in real estate.


Nicaragua

In 2019, Millicom purchased Telefonía Celular de Nicaragua, S.A. ("Telefonía Nicaragua"), the leading provider of Mobile services in the country, based on the number of subscribers. As of December 31, 2020, Millicom served 3.5 million mobile subscribers in the country through its Tigo brand. Prior to 2019, Millicom had a very small presence in Nicaragua, where it provided mostly B2B fixed services. Since 2018, Tigo Nicaragua Millicom has also provided cable services to a small but rapidly-growing customer base.


Costa Rica

Tigo Costa Rica is the country's leading pay TV operator with more than 30 years of service under different brand names dating back to Millicom's acquisition of Amnet in 2008.


Bolivia

Millicom provides mobile and cable and other fixed services in Bolivia through TELECEL (a native Bolivian brand) which it fully owns and operates under the Tigo brand. Tigo Bolivia is now the second largest mobile operator in Bolivia (population 10.5 million – World Bank 2012) with more than 3.9 million customers. Tigo Bolivia competes with
Entel The ''Empresa Nacional de Telecomunicaciones'' (National Telecommunications Enterprise, or ENTel) was an Argentine state owned company which had the monopoly on public telecommunications in the country until its privatization in 1990. Overview It ...
and Nuevatel PCS (under the brand name Viva). Branded services include Tigo Money, Tigo Star and Tigo Sports, Tigo Business and Tigo Smart. In 2014, Bolivia launched Millicom's first satellite DTH service. Millicom equity holding is 100 percent.


Colombia

Tigo Colombia launched in 2006 and is Colombia's third largest mobile service provider with more than ten million customers. Its services include Tigo Money and UNE internet and broadband, with significant further market penetration anticipated in 2014 following a Merger Framework Agreement signed in 2013 with UNE EPM Telecomunicaciones, of the Empresas Publicas de Medellin group. Millicom also has a growing portfolio online in retail and services. Equity holding is 50 percent plus one share. Exclusive Channels of TigoStar Colombia include Tigo Sports. It was first launched on 7 April 2014. The Colombian Second Sports Channel with sports broadcasting rights including: Categoria Primera C (seven games per match day),
Copa Colombia The Copa Colombia ( en, Colombia Cup, link=yes); officially known as Copa BetPlay Dimayor is an annual football tournament in Colombia. It is contested by the 36 professional clubs of DIMAYOR and is the nation's domestic cup competition, equiva ...
(three matches per round),
Premier League The Premier League (legal name: The Football Association Premier League Limited) is the highest level of the men's English football league system. Contested by 20 clubs, it operates on a system of promotion and relegation with the English Fo ...
(up to six games per match day),
Greek Super League The Super League Greece 1 ( el, Ελληνική Σούπερ Λιγκ 1), or Super League 1, is the highest professional association football league in Greece. The league was formed on 16 July 2006 and replaced ''Alpha Ethniki'' at the top of ...
(four games per match day).


Panama

Millicom purchased 80% of Cable Onda, a Panamanian cable TV provider and ISP for US$1460 Million, in October 2018. It phased out the Cable Onda brand in 2020, replacing it with its Tigo brand. In February 2019 Tigo announced the purchase of the Panamanian, Costa Rican and Nicaraguan operations of the Spanish company
Telefónica Telefónica, S.A. () is a Spanish multinational telecommunications company headquartered in Madrid, Spain. It is one of the largest telephone operators and mobile network providers in the world. It provides fixed and mobile telephony, broadba ...
for US$650 Million, US$570 Million, and US$430 Million respectively, totaling US$1650 Million, with Tigo planning to phase out the Movistar brand (operated by Telefónica) from those markets within a year after its purchase. The transaction was completed in August the same year. As of March 2021, Millicom maintains operations across nine Latin American countries: Bolivia, Colombia, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama and Paraguay.


Africa

Millicom (TIGO) previously held operations in Chad,
Democratic Republic of the Congo The Democratic Republic of the Congo (french: République démocratique du Congo (RDC), colloquially "La RDC" ), informally Congo-Kinshasa, DR Congo, the DRC, the DROC, or the Congo, and formerly and also colloquially Zaire, is a country in ...
,
Ghana Ghana (; tw, Gaana, ee, Gana), officially the Republic of Ghana, is a country in West Africa. It abuts the Gulf of Guinea and the Atlantic Ocean to the south, sharing borders with Ivory Coast in the west, Burkina Faso in the north, and To ...
,
Mauritius Mauritius ( ; french: Maurice, link=no ; mfe, label= Mauritian Creole, Moris ), officially the Republic of Mauritius, is an island nation in the Indian Ocean about off the southeast coast of the African continent, east of Madagascar. It ...
, Rwanda,
Senegal Senegal,; Wolof: ''Senegaal''; Pulaar: 𞤅𞤫𞤲𞤫𞤺𞤢𞥄𞤤𞤭 (Senegaali); Arabic: السنغال ''As-Sinighal'') officially the Republic of Senegal,; Wolof: ''Réewum Senegaal''; Pulaar : 𞤈𞤫𞤲𞤣𞤢𞥄𞤲𞤣𞤭 ...
,
Sierra Leone Sierra Leone,)]. officially the Republic of Sierra Leone, is a country on the southwest coast of West Africa. It is bordered by Liberia to the southeast and Guinea surrounds the northern half of the nation. Covering a total area of , Sierr ...
, and
Tanzania Tanzania (; ), officially the United Republic of Tanzania ( sw, Jamhuri ya Muungano wa Tanzania), is a country in East Africa within the African Great Lakes region. It borders Uganda to the north; Kenya to the northeast; Comoro Islands ...
. * Millicom (TIGO) completed the sale of Sierra Leone in 2009. * Millicom (TIGO) completed the sale of Mauritius in 2014. * Millicom (TIGO) completed the sale of Democratic Republic of the Congo in 2016. * Millicom (TIGO) and Bharti Airtel merged in Ghana to complete AirtelTigo in 2017. * Millicom (TIGO) completed the sale of Rwanda in 2017. * Millicom (TIGO) completed the sale of Chad in 2019. * Millicom (TIGO) completed the sale of Senegal in 2019. * Millicom (TIGO) completed the sale of Tanzania in 2021.


See also

*
List of telephone operating companies This list identifies the fixed line operators and the mobile operators for the top 200 most populous countries in the world. The list of countries and their populations is from List of countries by population. The CIA World Factbook is cited ...
*
List of mobile network operators For a more comprehensive list of mobile phone operators, see Mobile country codes. Terrestrial This is a list of the world's thirty largest terrestrial mobile phone network operators measured by number of subscriptions. Satellite based Th ...


References


External links

* ;Tigo
Tigo Website

Tigo Bolivia

Tigo Colombia

Tigo Costa Rica

Tigo El Salvador

Tigo Guatemala

Tigo Honduras

Tigo Nicaragua

Tigo Panama

Tigo Paraguay
{{Authority control Mobile phone companies of Luxembourg Telecommunications companies established in 1990 Companies based in Stockholm Companies based in Luxembourg City Companies listed on Nasdaq Stockholm Swedish companies established in 1990