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Millicom International Cellular SA (MICC)

Q3 2009 Earnings Call

October 20, 2009 9:00 am ET

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An Apple a day and a bumper crop of mostly ripe reports doesn't stop bulls from sampling a sliver of market turnover.

Emerging Markets focused telecom operator Millicom International (Nasdaq:MICC) has posted a 12% decrease in net profits of US$143mn in the third quarter of 2009 compared to US$161mn in the same quarter a year ago, the company said in a statement.[More...]

Millicom International Cellular SA (MICC) today declared its fiscal third quarter results. Total revenues of $856.2 billion were an improvement of 7% year over year as well as 5.1% sequentially. Revenues were ahead of the Zacks Consensus Estimate of $842 million. This was primarily due to impressive contribution from the Amnet & Navega division and [...]

(MICC) Millicom International Cellular SA Outperforms

Millicom International Cellular S.A. (MICC) is all set to complete the full divestment of its Asian operations by end 2009. Last June, the company took a strategic decision to get rid of its Asian businesses in the face of increased competition and an extremely tight credit market. The Asian region, consisting of Laos, Cambodia, and [...]

(MICC) Millicom International Cellular S.A. Quits Asia

The much-hyped next-generation (4G) technology of WiMAX is quickly losing ground to the alternative technology of Long-Term Evolution (LTE). Large telecom infrastructure equipment makers are gradually shifting from WiMAX to LTE, and as a result the WiMAX field is getting less crowded day by day. This gives the smaller gear makers like PureWave Networks and Airspan [...]

(ALU) Move Away from WiMAX Technology Continues

The much-hyped next-generation (4G) technology of WiMAX is quickly losing ground to the alternative technology of Long-Term Evolution (LTE). Large telecom infrastructure equipment makers are gradually shifting from WiMAX to LTE, and as a result the WiMAX field is getting less crowded day by day. This gives the smaller gear makers like PureWave ...

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