Millicom Closes DRC Transaction

Millicom (NASDAQ:MICC) (STO:MIC) today announces that it has closed the transaction announced on February 8th, 2016, and has sold its mobile operation in DRC to Orange.

About Millicom

Millicom is a leading telecom and media company dedicated to emerging markets in Latin America and Africa. Millicom sets the pace when it comes to providing innovative and customer-centric digital lifestyle services to the world’s emerging markets. The Millicom Group employs more than 16,000 people and provides mobile services to over 62 million customers. Founded in 1990, Millicom International Cellular SA is headquartered in Luxembourg and listed on NASDAQ OMX Stockholm under the symbol MIC. In 2015, Millicom generated revenue of USD 6.73 billion and Adjusted EBITDA of USD 2.27 billion.

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Contacts:

Millicom
Tabitha Aldrich-Smith
Interim Communications Director
Tel: +352 277 59084 (Luxembourg)/+44 7971 919 610
press@millicom.com
or
Investor Relations
Nicolas Didio
Director, Head of Investor Relations
Tel: +352 277 59125 (Luxembourg)/+44 203 249 2220
investors@millicom.com

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