Millicom strengthens strategy and communication functions
Stockholm, February 27, 2013 – Millicom, the international telecommunications and media company (Stockholmsbörsen: MIC) announced today, the appointment of two senior executives to new roles leading its strategy and corporate communication functions - both reporting to the group President and CEO, Hans-Holger Albrecht.
Martin Weiss will join the company as EVP, Strategy & Corporate Development in June. Martin was previously founding Partner at Solon Management Consulting where he developed extensive experience advising telecommunications and media companies internationally including consultancy to Millicom. He began his business career at McKinsey & Company. Martin will be a member of the Executive Committee.
In March Julian Eccles will join as VP, Corporate Communications. Julian’s experience includes being Director of Communications and Corporate Affairs at BSkyB plc, Communications Director at Britain’s telecoms regulator Ofcom and a Special Adviser to the UK Government’s Department for Culture, Media and Sport. Julian will be responsible for Millicom’s public and media relations and internal communications.
Commenting on the appointments, Hans-Holger Albrecht, President and CEO, said:
“I am delighted that we have been able to recruit executives of the calibre of Martin and Julian. Millicom is entering a new era and needs to be dynamic in its response to market conditions and opportunities. We also have a great story to tell, so I am very pleased that Martin and Julian are to become part of the senior Millicom team as we approach this exciting new phase.”
For further information, please visit www.millicom.com or contact:
President and Chief Executive Officer
Tel: 46 856 200 012
Julian Eccles, VP, Corporate Communications
Tel: 44 7720 409374
Tel: 352 27 759479
Millicom is a leading international telecommunications and media company dedicated to emerging markets in Latin America and Africa. Millicom sets the pace when it comes to providing digital lifestyle services to the world’s emerging markets, giving access to the world, primarily through mobile devices. Operating in 15 countries, Millicom offers innovative and customer-centric products. The Millicom Group employs more than 8,000 people and provides mobile services, access to the internet, content and financial services to over 45 million customers. Founded in 1990, Millicom International Cellular SA is headquartered in Luxembourg and listed on NASDAQ OMX Stockholm under the symbol MIC. In 2011, Millicom generated revenue of USD 4.53 billion and EBITDA of USD 2.09 billion.
This press release contains “forward-looking statements”, which are statements that are not historical facts, including statements concerning the parties' ability to complete the proposed transaction; the anticipated timing of the proposed transaction; the expected benefits and costs of the proposed transaction; management plans relating to the proposed transaction; any statements of operations, including the execution of integration plans; any statements of expectation or belief; and any statements of assumptions underlying any of the foregoing. Any statement in this announcement that expresses or implies any party's intentions, beliefs, expectations or predictions (and the assumptions underlying them) is a forward-looking statement. Forward-looking statements involve inherent risks, uncertainties and assumptions which could cause actual results to differ materially from those expressed or implied by such forward-looking statements and assumptions. The forward-looking statements contained in this announcement are made as of the date hereof, and each party expressly disclaims any obligation to update or correct any forward-looking statements made herein due to the occurrence of events after the issuance of this announcement. This announcement is for informational purposes only and is not an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.