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Notes contents

Notes to the consolidated financial statements
As of December 31, 2008, 2007 and 2006

7.Subsidiaries

The Group has the following significant subsidiaries, which are consolidated:

    % of ownership interest % of ownership interest
Name of the company Country Holding December 31,
2008
Holding December 31,
2007
Central America    
Telemovil El Salvador S.A. El Salvador 100.0 100.0
South America    
Telefonica Celular de Bolivia S.A. Bolivia 100.0 100.0
Telefonica Celular del Paraguay S.A. (i) Paraguay 100.0 100.0
Colombia Movil S.A. E.S.P. (i) Colombia 50.0+1share 50.0+1share
Africa      
Millicom Ghana Company Limited Ghana 100.0 100.0
Sentel GSM S.A. (i) Senegal 100.0 100.0
Millicom (S.L.) Limited (ii) Sierra Leone 100.0 100.0
MIC Tanzania Limited (i) Tanzania 100.0 100.0
Oasis S.P.R.L. Democratic Republic of Congo 100.0 100.0
Millicom Tchad S.A. Chad 87.5 87.5
Millicom Rwanda Limited (iii) Rwanda 87.5 -
Asia      
Millicom Lao Co. Limited. Lao People's Democratic Republic 74.1 74.1
Tigo (Pvt) Limited Sri Lanka 99..9 99.9
Amnet    
Amnet Telecommunications Holding Limited (i) Bermuda 100.00 -
Unallocated      
Millicom International Operations S.A. Luxembourg 100.00 100.00
Millicom International Operations B.V. Netherlands 100.00 100.00
MIC Latin America B.V. Netherlands 100.00 100.00
Millicom Africa B.V. Netherlands 100.00 100.00
Millicom Holding B.V Netherlands 100.00 100.00
Millicom Ireland Limited Ireland 100.00 -
  • (i) See note 4.
  • (ii) See notes 4 and 6.
  • (iii)See note 15.

 

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