Tuesday, 25 September 2018

Millicom targets $9bn annual revenue

By Nick Wood, Total Telecom
Thursday 07 March 13

Emerging markets-focused telco group ups stakes in online, e-commerce ventures.

Millicom International Cellular has detailed plans to use its mobile business as a platform to launch online content, commerce and financial services in a bid to boost group annual revenues to $9 billion over the next five years. "Millicom is changing – fast," said Hans-Holger Albrecht, CEO of the Sweden-based telco, which has operations in 13 markets across Africa…

Millicom International Cellular has detailed plans to use its mobile business as a platform to launch online content, commerce and financial services in a bid to boost group annual revenues to $9 billion over the next five years. "Millicom is changing – fast," said Hans-Holger Albrecht, CEO of the Sweden-based telco, which has operations in 13 markets across Africa…

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