Millicom 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.
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