Millicom sells 3.7 million Tele2 AB shares to Kinnevik AB

Report this content

MILLICOM SELLS 3.7 MILLION TELE2 AB SHARES TO KINNEVIK AB New York, London and Luxembourg - October 2, 2002 - Millicom International Cellular S.A. ("MIC") (Nasdaq Stock Market: MICC), the global telecommunications investor, today announces that since September 1, 2002, Millicom has sold 3,740,126 B-shares in Tele2 AB to Industriförvaltnings AB Kinnevik. Millicom International Cellular S.A. is a global telecommunications investor with cellular operations in Asia, Latin America and Africa. It currently has a total of 19 cellular operations and licenses in 17 countries. The Group's cellular operations have a combined population under license (excluding Tele2) of approximately 444 million people. In addition, MIC operates the world's largest GSM clearing house and has licenses to provide high-speed wireless data services in seven countries. MIC also has a 9.3 % interest in Tele2 AB, the leading alternative pan-European telecommunications company offering fixed and mobile telephony, data network and Internet services to over 16 million people in 21 countries. The Company's shares are traded on the Nasdaq Stock Market under the symbol MICC. CONTACTS: Marc Beuls Telephone: +352 27 759 101 President and Chief Executive Officer Millicom International Cellular S.A., Luxembourg Andrew Best Telephone: +44 20 7321 5022 Investor Relations Shared Value Ltd, London Visit our web site at ------------------------------------------------------------ This information was brought to you by Waymaker The following files are available for download: