Swedish Prosecutor notifies Millicom that it has discontinued its preliminary investigation due to lack of jurisdiction
On 21 October 2015 Millicom issued a press release announcing that it had voluntarily reported to law enforcement authorities in the United States and Sweden potential improper payments made on behalf of the company’s joint venture in Guatemala.
On 4 May 2016 Millicom received notification from the Swedish Public Prosecutor that its preliminary investigation has been discontinued given that the alleged crime was in its entirety committed abroad, that there is no evidence available in Sweden, and that no Swedish citizen can be suspected of participation in the alleged crime abroad.
Millicom continues to cooperate with law enforcement authorities in the United States.
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Tim Pennington, CFO
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Rachel Samrén, EVP External Affairs
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Millicom is a leading telecom and media company dedicated to emerging markets in Latin America and Africa. Millicom sets the pace when it comes to providing innovative and customer-centric digital lifestyle services to the world’s emerging markets. The Millicom Group employs more than 16,000 people and provides mobile services to over 62 million customers. Founded in 1990, Millicom International Cellular SA is headquartered in Luxembourg and listed on NASDAQ OMX Stockholm under the symbol MIC. In 2015, Millicom generated revenue of USD 6.73 billion and Adjusted EBITDA of USD 2.27 billion.