Business Services Industry

Millicom International Cellular S.A. reports subscriber growth in Q1 2006

Nordic Business Report, April 12, 2006

NORDIC BUSINESS REPORT-12 April 2006-Millicom International Cellular S.A. reports subscriber growth in Q1 2006(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

The Swedish-controlled international telecomms investor Millicom International Cellular S.A. announced on Wednesday (12 April) that it added nearly 963,000 subscribers through organic growth across its operations in the first quarter of 2006.

The total for the group amounted to 9,891,692 subscribers as of 30 March 2006.

The subscriber additions represent growth of 11% in total subscribers from the previous quarter and 52% from the first quarter of 2005, on a pro forma basis.

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