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Millicom to Sell its Senegal Business to Wari

Mauricio Ramos, CEO of Millicom said: "With the support of the people of Senegal we have been able to empower millions of customers with mobile technology, and to help promote social and financial inclusion across the country. We are grateful to all of our employees, whose drive and commitment has enabled Tigo Senegal to become such a strong and sustainable business and are confident that Wari Group will build on the current strength of Tigo Senegal."
LUXEMBOURG, (informazione.it - comunicati stampa - telecomunicazioni)

said: "With the support of the people of Senegal we have been able to empower millions of customers with mobile technology, and to help promote social and financial inclusion across the country. We are grateful to all of our employees, whose drive and commitment has enabled Tigo Senegal to become such a strong and sustainable business and are confident that Wari Group will build on the current strength of Tigo Senegal."

commented: "The acquisition of Tigo illustrates how an international group such as Wari, born in Africa , is proud to be at the forefront of driving the shift towards an ecosystem that provides social added value and tailored for Senegalese and African customers' needs. By pooling the advantages of mobile telephony offered by Tigo and the world of benefits provided by Wari, a leading platform for digital financial services, we combine the expertise, energies and ambitions of our teams and our two groups in order to offer more convenient and affordable services to users."

The transaction is subject to regulatory approvals.

Vivian Kobeh,
Corporate Communications Director
Tel: +352-277-59084 / +44-7971-919-610 
E-mail: press@millicom.com

David Boyd ,
Interim Investor Relations Director
Tel: +44 20 3249 2413 
E-mail:  investors@millicom.com

Mauricio Pinzon ,
Investor Relations Manager
Tel: +44 20 3249 2460 /
E-mail: investors@millicom.com

This information was brought to you by Cision http://news.cision.com
http://news.cision.com/millicom-international-cellular/r/millicom-to-sell-its-senegal-business-to-wari,c2182266

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