Africell Holding SAL Completes Acquisition of Millicom Sierra Leone

By Lintel, PRNE
Tuesday, November 24, 2009

BEIRUT, Lebanon, November 25 - Africell Holding SAL, a member of the Lintel Group, has completed the
acquisition of Millicom (SL) Limited following the final regulatory approval.

Millicom (SL) is a subsidiary of Millicom International Cellular SA
("Millicom") (Nasdaq Stock Market: MICC and StockholmsbOrsen:MIC)

This acquisition and the ensuing merger of the two entities will further
consolidate Africell's leading market share to more than 55% of the total GSM
telephony market in Sierra Leone.

Africell Holding, through its wholly owned subsidiary, Africell (Sierra
) Limited has been operating in Sierra Leone since 2005. Africell Holding
currently operates two GSM networks; in Gambia and Sierra Leone, both are
market share leaders with respectively 65% and 50% of the market. A third
operation is in the planning as the group has obtained a license to operate a
GSM network in the Democratic Republic of Congo.

Lintel group currently employs around 1,500 between its GSM operations
and its telecom turn-key contractor, Linfra, which operates in 14 countries
across the MENA and Africa.

    Elias Arwadi
    Chief Operating officer

Contact: Elias Arwadi, Chief Operating officer, +9613601803, earwadi at

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