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Introduction

This is an update of Millicom Group's activities, covering mobile, fixed broadband, operator initiatives, and consumer market trends.

Highlights

  • Millicom Group’s mobile subscription base declined by 2.6% year-on-year to 57.8 million by end-June 2016. The decline is a result of increased competition, resulting in increased churn, as well as regulatory activity enforcing SIM registration to eradicate counterfeit mobile devices.
  • Millicom’s data penetration increased by 0.9 percentage points to 31.6%, with the number of total mobile data users reaching 18.3 million by end-2Q16.
  • Millicom is betting on increased strategic partnerships to promote take-up of digital services, having signed agreements with Microsoft and Netflix in Latin America, and MFS interoperability agreements in East Africa.

Features and Benefits

  • Analyzes Millicom Group's financial and operational performance in 1H16 and compares it to the previous year.
  • Identifies Millicom Group's key developments and strategies across its footprint.

Key questions answered

  • How does Millicom Group's 1H16 financial and operational performance compare to the previous year?
  • What are the key developments and strategies by Millicom Group to support its growth in the future?

Table of contents

Summary

  • Download 1: Millicom Group Update, September 2016

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