Mikael Grahne, Chief Executive of Millicom International Cellular SA said that there is no basis to the talks that Millicom could be interested in Empresa de Telecomunicaciones de Bogotá S.A. E.S.P. (ETB). He said that this is absolutely not true. He noted, “We have zero interest in that asset.”

Mikael Grahne, Chief Executive of Millicom International Cellular SA said that there could be opportunities to pick up African assets of Mobile Telecommunications Company KSC (Zain), if that unit is broken up. He said, “There could be some opportunity around a break-up of Zain Africa's assets. It's too big for one operator, but at a break-up there could be an opportunity.” Zain halted talks in October to sell African assets to appease potential buyers of a stake in Zain Group. Reuters reported that Mr. Grahne declined to say whether Millicom was in talks with Zain. He said, “I can't comment on details. But there is a reasonable likelihood that something will happen around the assets.”

La Republica reported that Millicom International Cellular SA is considering whether to bid for control of Empresa de Telecomunicaciones de Bogotá S.A. E.S.P. (ETB). The report added, citing Gloria Ortega, CEO of Millicom's Colombian unit that the firm plans to expand to offer other services to customers. ETB plans to sell new shares equivalent to a controlling stake in the company to a partner in an auction. The auction, originally scheduled for October, was delayed after the company's labor union sued to block the partial privatization. The company has not set a new date. Dow Jones reported that Millicom's London office for investors relations declined to comment.