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Friday, 27 November 2009

Millicom International Cellular: Completion of Sale of Millicom’s Cambodian Operations

Kith Meng, the owner of The Royal Group.

Earth Times

NEW YORK & STOCKHOLM - (Business Wire) Millicom International Cellular S.A. (“Millicom”) (STO:MIC)(NASDAQ:MICC) today announces that it has completed the sale of its Cambodian operations to The Royal Group, its partner in Cambodia.

Millicom International Cellular S.A. is a global telecommunications group with mobile telephony operations in 14 countries in Asia, Latin America and Africa. It also operates cable and broadband businesses in five countries in Central America. The Group’s mobile operations have a combined population under license of approximately 266 million people.

This press release may contain certain “forward-looking statements” with respect to Millicom’s expectations and plans, strategy, management’s objectives, future performance, costs, revenues, earnings and other trend information. It is important to note that Millicom’s actual results in the future could differ materially from those anticipated in forward-looking statements depending on various important factors. Please refer to the documents that Millicom has filed with the U.S. Securities and Exchange Commission under the U.S. Securities Exchange Act of 1934, as amended, including Millicom’s most recent annual report on Form 20-F, for a discussion of certain of these factors.

All forward-looking statements in this press release are based on information available to Millicom on the date hereof. All written or oral forward-looking statements attributable to Millicom International Cellular S.A., any Millicom International Cellular S.A. employees or representatives acting on Millicom’s behalf are expressly qualified in their entirety by the factors referred to above. Millicom does not intend to update these forward-looking statements.

Visit our web site at http://www.millicom.com

This information was brought to you by Cision http://www.cisionwire.com

Millicom
Francois-Xavier Roger
Chief Financial Officer
Telephone: +352 27 759 327
or
Peregrine Riviere
Head of External Communications
Millicom International Cellular S.A., Luxembourg
Telephone: +352 691 750 098

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