Tigo Paraguay
European Forum of Investments in Paraguay
Asunción, 23 October 2014
Tigo Paraguay – Part of the Millicom Group
• 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 in Paraguay
• 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
Our Brands
in mobility
at home
in your hands
for your business
Opportunities in Paraguay
• Services, e.g.
• Pay TV
• Financial Inclusion
• …
• Connectivity / Infrastructure
• Applications
• IT development / Services
• Modernization of sectors / industry /
Government
Doing business in Paraguay
• Commitment is rewarded.
• Relationships are key.
• Innovation at the core.
• Passion for progress.
• Developing talent market.
• Integrity and compliance is possible.
Our plans for Paraguay
In 5 years - 2018:
• Sustained Growth:
USD 4.000 MM of accumulated
revenue
• Accelerated Investment:
Capex
: USD 560 MM
Opex
: USD 1.000 MM
• Responsibility:
Taxes
: USD 500MM
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