.
Following the proposals of the Nomination Committee, the AGM set the number of directors at 9 and re-elected Mr. Odilon Almeida, Ms. Pernille Erenbjerg, Ms. Mercedes Johnson, Mr. José Antonio Ríos García and Mr. James Thompson as Non-Executive Directors, re-elected Mr. Mauricio Ramos as Executive Director, and elected Mr. Bruce Churchill, Ms. Sonia Dulá, and Mr. Lars-Johan Jarnheimer as new Non-Executive Directors of Millicom, for a term starting on the day of the AGM and ending on the next annual general meeting to take place in 2022 (the “2022 AGM”). Mr. José Antonio Rios García was re-elected as Chairman of the Board of Directors.
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A record start to 2021
Millicom International Cellular S.A.April 29, 2021 GMT
A record start to 2021
Luxembourg, April 29, 2021 – Millicom is pleased to announce its first quarter 2021 results. Please find below links to the Q1 2021 Earnings Release, and IAS 34 Interim Condensed Consolidated Financial Statements.
Millicom Chief Executive Officer Mauricio Ramos commented:
“
Our operational focus and strategic investments over the past year are paying off. After an incredibly strong Q1, we now have more customers, and we are generating more revenue, more EBITDA and more OCF than we did one year ago, before the start of the pandemic. We did not just recover; we are now above pre-COVID levels on most of our operational and financial KPIs.
Millicom International Cellular S.A.: A record start to 2021
Luxembourg
1
- Millicomis pleased to announce its first quarter 2021 results. Please find below links to the Q1 2021 Earnings Release, and IAS 34 Interim Condensed Consolidated Financial Statements.
Millicom Chief Executive Officer Mauricio Ramos commented:
Our operational focus and strategic investments over the past year are paying off. After an incredibly strong Q1, we now have more customers, and we are generating more revenue, more EBITDA and more OCF than we did one year ago, before the start of the pandemic. We did not just recover; we are now above pre-COVID levels on most of our operational and financial KPIs.
1
– Millicom is pleased to announce its first quarter 2021 results. Please find below links to the Q1 2021 Earnings Release, and IAS 34 Interim Condensed Consolidated Financial Statements.
Millicom Chief Executive Officer Mauricio Ramos commented:
“
Our operational focus and strategic investments over the past year are paying off. After an incredibly strong Q1, we now have more customers, and we are generating more revenue, more EBITDA and more OCF than we did one year ago, before the start of the pandemic. We did not just recover; we are now above pre-COVID levels on most of our operational and financial KPIs.
During the quarter, we added 166,000 customers in Home, by far our best quarterly result ever, and we added 1.1 million customers in Mobile, our strongest Q1 performance in a decade. As a result, service revenue, EBITDA and OCF accelerated in Q1, and the quarter ended on a very positive note, with Latam service revenue growth exceeding 5.5% in March.