Millicom starts mobile service in Rwanda

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20 November 2009

Millicom has launched its Tigo brand in Rwanda, after spending $120 million on licences and network — including 3G services — and selling off its Asian operations

Comment: Having divested itself of its Asian operations for $350 million, industry pioneer Millicom is now investing in the potentially high-growth markets in Africa. Millicom originally held 15% of the partnership that became Vodafone — but it has been focusing its interests on Africa and Latin America for some time.

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