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Millicom Rewards Central America With Investment Injection
June 2007 | Company Finance AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Millicom International has announced that its Central American operations in Honduras, El Salvador and Guatemala will receive a capital injection of around US$500mn during 2007. This accounts for around 80% of its 2006 total capex budget and more than the US$258mn spent across its operations during 2005. It is also a sign of the growing importance of the region to Millicom International.