NEW YORK/LONDON and BERTRANGE, Luxembourg, Sept. 30, 2002 (PRIMEZONE) -- Millicom International Cellular S.A. ("MIC") (Nasdaq:MICC), the global telecommunications investor, today announced that it has sold Liberty Broadband Ltd., its high-speed wireless data services business in the U.K., to Birmingham Online Ltd.
Millicom International Cellular S.A. is a global telecommunications investor with cellular operations in Asia, Latin America and Africa. It currently has a total of 19 cellular operations and licenses in 17 countries. The Group's cellular operations have a combined population under license (excluding Tele2) of approximately 444 million people. In addition, MIC operates the world's largest GSM clearing house and has licenses to provide high-speed wireless data services in eight countries. MIC also has an 11.5% interest in Tele2 AB, the leading alternative pan-European telecommunications company offering fixed and mobile telephony, data network and Internet services to over 15 million people in 21 countries. The Company's shares are traded on the Nasdaq Stock Market under the symbol MICC.