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Millicom to Focus on 3G in Latin America
October 6, 2008
Millicom's chief executive, Marc
Beuls, said in a conference call that the operator's priority for Latin
America is to boost its mobile phone business in Colombia and its 3G
mobile internet services across all of its markets, Business News Americas
reports. Millicom has said it plans to offer ubiquitous internet access
through an open platform combining internet access with 3G, IP and
cable networks. With regards to its recent acquisition of Amnet for
US$510 million on 1 October 2008, the operator said it is not planning
to make more acquisitions in the region in the near future.
Significance:
Millicom's intention to launch 3G was emphasised in its recent
acquisition of Amnet Telecommunications, which has given the operator
access to the fixed internet, pay-TV and corporate data segment in a
number of Central and South American markets. Millicom currently offers commercial 3G services in Bolivia, Guatemala, Honduras, Paraguay, El Salvador and Colombia.

Copyright 2008 GLOBAL INSIGHT, Inc.
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