Millicom, Senegal end legal proceedings
TELECOMSBy BiztechAfrica - Oct. 12, 2012, 1:09 p.m.
The legal proceedings between Millicom International Cellular (MIC) – owners of Tigo, and the Government of Senegal have been terminated.
Millicom said in a statement today that MIC and the government of Senegal had signed a settlement to amicably end their dispute over the validity of Millicom’s license in Senegal.
This follows an agreement reached some weeks ago, in which both parties agreed that the validity of Millicom’s Senegal subsidiary’s license would be recognised. In addition, Millicom will be granted a 3G license, an alignment of its license terms with those of the other operators (meaning that Millicom will receive licenses to offer fixed line, WiMAX and cable TV services for instance), some additional spectrum and a 10-year extension of the term of its current license until 2028.
Millicom said it had agreed to pay USD103 million to the government of the Republic of Senegal for these additional license rights and spectrum.
Millicom CEO Mikael Grahne said in announcing the agreement: “We are delighted to have reached an agreement with the newly elected government of the Republic of Senegal in a way that will be beneficial to both parties involved, as well as to the people of Senegal and our Tigo customers. An amicable settlement has always been the preferred solution for Millicom.”
MORE TELECOMS NEWS
MTN Cameroon drops tariffs once moreMTN Cameroon has announced its Best tariff plan, allowing subscribers to double their airtime after each refill and benefit from call bonuses towards all networks. Read More
Vodacom thrills students with cloud computingVodacom, in its “power to you” initiative, has extended its ICT field trip and tour opportunities to schools in communities where it operates. Read More
Liquid Telecom expands African satellite operationAs part of a multi-million dollar (US) investment in its satellite business, Liquid Telecom is the first operator to build a satellite hub at Teraco’s vendor-neutral earth station in South Africa. Read More
MACRA demystifies spectrum managementMalawi's regulator explains the issues around spectrum allocation. Gregory Gondwe reports. Read More
Orange Telkom Kenya donates KSh 2.19 million for drought efforts in Northern KenyaOrange Telkom Kenya has extended its support to the Laisamis Livelihood Improvement project into the second phase with a donation of KSh. 2.19 million to World Vision Kenya. Read More
NCC imposes N647m fine on telcosNigeria's NCC has imposed fines in the total sum of N647,500,000 million on three service providers, Airtel, Globacom and MTN Nigeria Ltd for failing to meet KPIs. Read More
Blu’s high speed WiFi is a hit for Accra MallThe Accra Mall is reaping the benefits of a high-speed WiFi installation by Blu Telecommunications, the 4G telecoms company. Read More
MTN: The journey must continueThe telecoms industry has spent the last 4 years on a journey towards cost-orientation, regulatory best practice and parity, and this journey must continue, says MTN. Read More
Nigerian 2.3 GHz auction winner namedBitflux Communications Limited has won Nigeria’s 2.3 GHz spectrum band licence auction, beating mobile operator Globacom. Read More
FEATURED STORYMACRA demystifies spectrum management
Malawi's regulator explains the issues around spectrum allocation. Gregory Gondwe reports.
BEST READ NEWS
IN DEPTHYouthConnekt launches Mobile Apps for Human Development Challenge in Rwanda
Rwanda’s Ministry of Youth and ICT and the UNDP, in close collaboration with Motorola Solutions, will power a Mobile App Challenge that will be implemented by YouthConnekt.