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Millicom International Cellular S.A. is a global telecommunications group with mobile telephony operations in 14 countries in Latin America, Africa and Asia. It also operates cable and broadband businesses in five countries in Central America. The Group’s mobile operations have a combined population under license of approximately 267 million people.

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Millicom launches the world’s first mobile money service with automatic returns to users

Stockholm, 10 September, 2014 – Millicom (Stockholmsbörsen: MIC), the international telecommunications and media company, announced today that its Tigo operation in Tanzania has launched the world’s first mobile money service which offers users the opportunity to automatically earn a return on their balance direct to their wallet without the need for a separate registration.The service in Tanzania is called Tigo Wekeza (“Tigo Invests”), and will allow over 3.5 million Tigo Pesa users to benefit from quarterly payments based on the balance held in their account. Tigo Pesa users in

Millicom, Airtel and Zantel announce Africa’s first mobile money interoperability agreement

Stockholm, 4 June, 2014 – The subsidiary of Millicom (Stockholmsbörsen: MIC) in Tanzania, Tigo, joined with Airtel and Zantel today to announce Africa’s first agreement to allow their customers in the country to send money to each other whether using Tigo Pesa, Airtel Money or EzyPesa on their mobile handsets. The service is expected to begin this month.This is the first agreement in Africa to adopt interoperable mobile money services, whereby one network allows another network’s customers to send money to its own clients.  In the early years of the mobile industry, such agreements were

Millicom launches world’s first international mobile money service with currency conversion

Stockholm, February 24, 2014 – Today, for the first time ever, mobile money users will be able to transfer cash across borders with currency conversion automatically included.Two of Millicom’s operations in Africa are pioneering the new international money transfer service. Tigo Cash users in Rwanda and Tigo Pesa customers in Tanzania will be able to send each other money in their respective currencies without having to travel and queue at a traditional bank or money agent. Using their mobile handsets, the service enables customers to use the funds to access a range of services in each

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