Explore our map to see more details about our operations and markets.
In Guatemala, Millicom has a 55% equity interest in Comunicaciones Celulares, S.A. (Comcel), which was the first mobile operator in Guatemala when it launched commercial operations in 1990. In addition, we operate a cable business through VPN technology, providing a broad number of services with corporate VOIP, IP video conferencing and IP-PBX.
In Honduras, Millicom has a 66.67% equity interest in Telefonica Celular S.A. (Celtel), which launched commercial operations in 1996 as the first mobile operator in Honduras and today operates a GSM and a 3G network. Since signing a put and call agreement with our partner in Honduras in 2010, Millicom has fully consolidated the business. In addition, the broadband business began to develop in the late 1990s and today our cable operation is one of the major providers of cable modem broadband access.
In El Salvador, Millicom has a 100% equity interest in Telemóvil El Salvador, S.A. (Telemóvil), which launched its operations in 1993. Since its entry into the market, Telemóvil has expanded its coverage of the main cities rapidly and remains the market leader. We also operate a cable business in El Salvador, which today is the leading player in the cable industry with a market share of approximately 80%. Our operation also provides broadband and telephony services.
Millicom provides cable services in Nicaragua to corporate customers.
In Costa Rica, Millicom offers cable operations and serves the internet market together with RACSA (a subsidiary of ICE group), the state owned telecommunication company, which holds the internet license. We started offering fixed line telephony services at the end of the first quarter of 2011 and will be able to offer customers triple play bundles of cable TV, internet and fixed telephony.
In Colombia, Millicom acquired 50% plus one share of the share capital of Colombia Móvil in October 2006. In 2011, Millicom acquired 40% of the subsidiary of American Towers in which Colombia Móvil is selling and leasing back a portion of its cell sites.
In Bolivia, Millicom has a 100% equity interest in Telefonica Celular de Bolivia S.A. (Telecel Bolivia), which launched commercial operations in 1991. Today Millicom offers 2G and 3G services covering 54% of the total population
In Paraguay, Telefonica Celular del Paraguay S.A (Telecel Paraguay) is 100% owned by Millicom and has been operating since 1992. As well as operating a GSM network and providing 3G services, Telecel also operates the largest broadband wireless network with WiMAX in Paraguay.
In Senegal, Sentel GSM S.A. (Sentel) is 100% owned by Millicom. Sentel launched its commercial operations in 1999 as the second mobile operator in the country and it was the first mobile operator to introduce GPRS services.
In Ghana, Millicom Ghana Company Limited (Millicom Ghana) is 100% owned by Millicom. Millicom Ghana was the first mobile operator in Ghana, having commenced operations in 1992 and introduced the concept of prepaid services in 1998. Millicom Ghana's GSM license authorized it to provide mobile and local fixed wireless services. 3G services were launched in 2011.
In Chad, Millicom Tchad S.A. (Millicom Tchad) is 100% owned by Millicom and has been operating since 2005.
In DRC, Millicom owns 100% of Oasis, which was awarded a license in 1997. Our operations are concentrated in the Kinshasa /Bas-Congo (KBC) region.
In Tanzania, Millicom owns 100% of MIC Tanzania Limited (MIC Tanzania). In January 1994, MIC Tanzania was awarded a 15-year license to operate a nationwide mobile network. In 2005, a new, converged, technologically neutral licensing framework was introduced to which all operators were migrated.
In Rwanda, Tigo Rwanda S.A. (Tigo Rwanda) is 87.5% owned by Millicom. Millicom set up Tigo Rwanda and, after roll-out of the network, launched services in December 2009.
In Mauritius, Millicom has a 50% equity interest in Emtel Limited (Emtel), operating as a joint venture with Currimjee Jeewanjee & Co. Ltd, a leading diversified group in Mauritius. Emtel entered the market in 1989 as the first mobile operator in the country. Emtel launched 3G services in Mauritius in 2004, making it the first mobile operator to offer such services in Africa.
We believe in local, in-market scale. To continue to lead in our markets, we constantly have to innovate to offer our customers new services that meet their needs now and in the future.
Group revenues were up 12.7% to $4,530 million.
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