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Millicom is a leading telecommunications services provider, operating across Latin America under its Tigo brand. It offers a comprehensive suite of digital services, including mobile connectivity, high-speed internet, cable television, and Mobile Financial Services. These solutions cater to both consumers and enterprises, addressing evolving digital needs in its markets.
Millicom International Cellular SA was established in 1990, consolidating cellular properties from Industriförvaltnings AB Kinnevik and Millicom Incorporated. Key founders included Shelby Bryan and Jan Stenbeck. Their insight focused on global mobile technology expansion, using strategic joint ventures to deliver essential communication services to populations previously lacking reliable access.
The company serves residential and business customers across nine Latin American nations, including Bolivia, Colombia, and El Salvador. Millicom's vision centers on fostering a digital lifestyle for its users, enhancing connectivity and delivering advanced digital services to empower individuals and drive economic growth in the region.
Milicom has 3 tracked investments across 1 company. The latest tracked deal is $16.8M Other Equity in BIMA in April 2017.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 18, 2017 | BIMA | $16.8M Other Equity | Khairil Abdullah | Digicel Group, Chris Bischoff, LeapFrog Investments |
| Jun 1, 2015 | BIMA | $38.0M Series C | — | General Catalyst, Kinnevik, LeapFrog Investments |
| Apr 1, 2014 | BIMA | $23.0M Series B | — | General Catalyst, Kinnevik, LeapFrog Investments |
