[October 27, 2016]

Millicom International Cellular: Mauricio Ramos, Millicom CEO, appointed Board Member of GSMA

Millicom announced today that CEO Mauricio Ramos has been appointed by the GSMA (News - Alert) to join its Board for the term commencing in January, 2017. Mr. Ramos and the Millicom Group will work with the GSMA in its efforts to advance the strategic priorities of the operator community.

"I am delighted to join the GSMA Board  and to be able to work with the GSMA to ensure that the right strategic, regulatory and policy frameworks are in place to support the direction of the industry organization as we all focus on connecting the world," said Mauricio Ramos. "In a rapidly transforming industry, I believe we can contribute even more to these endeavours through the GSMA's advocacy work."

The GSMA and Millicom (News - Alert) share the common purpose of connecting everyone and everything to a better future. Representing an emerging markets only operator, Mauricio will provide valuable insights to the GSMA on the opportunities and challenges the sector faces, specifically in developing countries where regulatory and policy frameworks in relation to key industry topics such as digital and financial inclusion, taxation, Child Online Protection and the broader ICT ecosystem more generally are continuously evolving.  

Millicom's subsidiaries have been member operators of the GSMA since 1999. Millicom Group contributes to the design and implementation of the GSMA's activities through its involvement at various levels of the organisation such as the Chief Policy and Regulatory Officers' Group, the  Connected Society, Digital Identity, and Mobile Money Program Leadership Groups, the Privacy Woring Group, the Connected Women initiative and the Humanitarian Connectivity Charter, thereby actively working to increase the association's relevance and the industry's impact on reaching the 17 UN Sustainable Development Goals by 2020.

Mauricio Ramos is CEO of Millicom Group since April 2015. Prior to this position, he was President of Liberty Global's (News - Alert) Latin American Division. Over the past fourteen years Mauricio held a number of leadership roles at Liberty Global, including positions as Chairman and CEO of VTR in Chile, CFO of Liberty's Latin American Division and President of Liberty Puerto Rico. Throughout this period he successfully developed both, mobile and broadband businesses in Latin America, delivering solid operational improvement and outstanding financial results.

A Colombian national with a degree in Economics, a degree in Law and a postgraduate degree in Financial Law, Mr. Ramos is also Chairman of TEPAL, the Latin American Association of Cable Broadband Operators, and sits as an independent director on the board of Charter Communications (News - Alert).

The GSMA represents the interests of mobile operators worldwide, uniting nearly 800 operators with almost 300 companies in the broader mobile ecosystem, including handset and device makers, software companies, equipment providers and internet companies as well as organizations in adjacent industry sectors. More information about the GSMA can be found at: www.gsma.com.

About Millicom

Millicom (STO:MIC) (NASDAQ:MICC) 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 through its principal brand, Tigo. Millicom employs more than 16,000 people and provides mobile services to more than 57 million customers, with a Cable footprint of more than 7.5 million homes passed. Founded in 1990, Millicom International Cellular (News - Alert) 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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