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Millicom International Cellular S.A. · Leudelange Luxembourg ·(NASDAQ (GS): MICC)

Company Description

15 Rue Leon Laval
Leudelange
L-337-2
Luxembourg (Map)
Phone: +352-27-759-101
Fax: +352-27-759-359
    Unlike residents of more developed nations, the first telephone many people in developing regions owned was a cell phone. Millicom International Cellular (MIC) primarily provides cellular phone service to more than 23 million subscribers in 16 emerging markets with limited wireline infrastructure. It markets products and services under the tigo brand in most of its service areas. The company's core market is Latin America, where it does three-quarters of its business, but it also has cellular operations and licenses in countries within Africa and Asia. Nearly all of MIC's subscribers are prepaid wireless customers. To read the full description, subscribe now.
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    Key Millicom International Cellular S.A. Financials

    Company TypePublic - NASDAQ (GS): MICC

    Headquarters
    Fiscal Year-EndDecember
    2008 Sales (mil.)$3,412.4
    2008 Employees6,607

    Millicom International Cellular S.A. Executives

    19 executives listed for Millicom International Cellular S.A.'s Leudelange,  location.
    TitleName & BioContact
    ChairmanDaniel JohannessonNetwork
    President and CEOMikael GrahneNetwork
    CFOFrancois-Xavier RogerNetwork

    Competition

    Competitive Landscape for Millicom International Cellular S.A.
    Demand is driven by technological innovation and by growth in business activity and consumer spending. The profitability of individual companies depends on efficient operations and good marketing. Large companies have big economies of scale in providing a highly automated service to large numbers of customers, and have the financial resources required to build and maintain large networks. Smaller companies can compete effectively in small markets or by providing specialty services. Due to a large degree of automation, average revenue per employee is a high at about $500,000. To read the full description, subscribe now.
    Top Millicom International Cellular S.A. Competitors
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