Millicom wins legal dispute over share ownership in Tanzania
Luxembourg, July 26, 2018 – Today the Court of Appeal of Tanzania, the country’s highest court, reaffirmed in a ruling that MIC Tanzania Limited (operating as Tigo Tanzania) remains owned and controlled by Millicom. This ruling follows an improper filing of shareholder claims by a third party alleging to have acquired shares through proceedings that have now been quashed by the Court of Appeal. The commercial register will now be corrected to show the Millicom group as the ultimate owner of 100% of the shares in Tigo Tanzania. Millicom is committed to the highest ethical business