Millicom International Cellular SA

Synopsis

Millicom International Cellular is an international investor in cellular telephony services, primarily in emerging markets. It has sought to establish an early presence in markets with little or no cellular service by applying for cellular licences, primarily through joint ventures with prominent local business partners. Its assets comprise cellular operations in Latin America, Asia and Africa. In addition, it has five high-speed wireless data businesses. Due to financial difficulties, the company has been selling off some of its operations, but returned to profitability in 2003.

Table of Contents

• 1. Synopsis
• 2. Company information
  • 2.1 Millicom year 2003 results
    • 2.1.1 Financial
    • 2.1.2 Debt restructuring in 2003
    • 2.1.3 Operations
  • 2.2 Brief company history
• 3. Operating companies
  • 3.1 MIC Asia
  • 3.2 MIC Latin America
  • 3.3 MIC Africa
  • 3.4 MIC Systems (sold)
  • 3.5 Other operations
• 4. Contact details
• 5. Related reports

• Table 1 – Proportional cellular subscribers – December 2002
• Table 2 – Millicom revenue – 1998 - 2003
• Table 3 – Revenue by segment – 2002
• Table 4 – Gross subscribers by region - 2003
• Table 5 – Summary of Sanbao operations – December 2003
• Table 6 – Summary of operations – December 2003
• Table 7 – Summary of operations – December 2003

• Exhibit 1 – Millicom at a glance