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Published byMiranda Snow Modified over 9 years ago
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Tigo Paraguay European Forum of Investments in Paraguay Asunción, 23 October 2014
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40% owned by private investors/ 60% listed in Stockholm and New York Controlled by Swedish Investment company Kinnevik 14 operations: Latin America and Africa – 250 million pop covered Corporate offices - Lon/ Lux, Miami 2013: Revenues > 5b USD, >7% yoy growth, >1b USD Capex Tigo Paraguay – 15% of group revenues Mobile, TV & Broadband, Mobile Financial Services – The Digital Lifestyle Tigo Paraguay – Part of the Millicom Group
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22 years in Paraguay #1 foreign investor, #2 tax payer 55% mobile market share, most advanced cable operation 35% of customers with mobile money Developed first TV channel of PY Sports 70% of point of sales in PY distribute Tigo USD 1 billion of CAPEX since 1992, USD 120 million in 2013 Great place to work, exported Paraguayan talent worldwide Tigo in Paraguay
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Our Brands in mobilityat homein your handsfor your business
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Opportunities in Paraguay Services, e.g. Pay TV Financial Inclusion … Connectivity / Infrastructure Applications IT development / Services Modernization of sectors / industry / Government
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Commitment is rewarded. Relationships are key. Innovation at the core. Passion for progress. Developing talent market. Integrity and compliance is possible. Doing business in Paraguay
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Sustained Growth: USD 4.000 MM of accumulated revenue Accelerated Investment: Capex: USD 560 MM Opex: USD 1.000 MM Responsibility: Taxes: USD 500MM Our plans for Paraguay In 5 years - 2018:
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