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Stock Market & Financial Investment News

News Breaks
December 4, 2012
05:11 EDTMICCMillicom renews its license in Columbia for another 10 years
Millicom International Cellular renewed its license in Colombia for a further 10 years. Colombia Movil, an affiliate of Millicom, renewed its license for another 10 years; up until February 2023. In February 2013, the company will pay approximately $51M. The final consideration to be paid for the renewal and 50 MHz of spectrum in the 1900 MHz spectrum band will be determined by the "Tribunal de Arbitramiento", or Arbitrage Court, in the next 12-18 months.
News For MICC From The Last 14 Days
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April 29, 2015
09:12 EDTMICCMillicom: Petition to merge with TeleCable not sanctioned by regulators
Millicom issued the following statement regarding the status of its proposed merger with Telecable Costa Rica which was announced in December 2014. "Millicom, trading as Tigo in Costa Rica, has confirmed that its petition to merge with TeleCable Econůmico TVE, S.A has not been sanctioned by regulators Superintendencia de Telecomunicaciones. Millicom is now reviewing the information provided by SUTEL including its option to appeal."

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