NEW YORK, LONDON and BERTRANGE, Luxembourg, Sept. 5, 2002 (PRIMEZONE) -- Millicom International Cellular S.A. ("MIC") (Nasdaq:MICC), the global telecommunications investor, today announced that its GSM wireless telephony license in the Democratic Republic of Congo has been sold to a previous joint venture partner, Orton Investment Holdings Limited.
Millicom International Cellular S.A. is a global telecommunicationsinvestor with cellular operations in Asia, Latin America and Africa. Itcurrently has a total of 19 cellular operations and licenses in 17countries. The Group's cellular operations have a combined populationunder license (excluding Tele2) of approximately 444 million people. Inaddition, MIC operates the world's largest GSM clearing house and haslicenses to provide high-speed wireless data services in eight countries. MIC also has an 11.5 % interest in Tele2 AB, the leadingalternative pan-European telecommunications company offering fixed andmobile telephony, data network and Internet services to over 15 millionpeople in 21 countries. The Company's shares are traded on the NasdaqStock Market under the symbol MICC.
CONTACTS:
Marc Beuls Telephone: +352 27 759 101 President and Chief Executive Officer Millicom International Cellular S.A., Luxembourg Andrew Best Telephone: +44 20 7321 5010 Investor Relations Shared Value Ltd., London
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