Millicom(TIGO) - 2021 Q4 - Annual Report

Report of Foreign Private Issuer (Form 6-K) This report details the outcomes of Millicom's Extraordinary General Meeting, including an authorized capital increase, and provides an overview of the company's telecommunications operations Extraordinary General Meeting (EGM) Outcome Shareholders approved all proposed resolutions at the EGM on February 28, 2022, primarily increasing authorized share capital - All resolutions proposed by the Board of Directors were approved at the EGM held on February 28, 2022[6] Increase in Authorized Share Capital The EGM approved increasing the company's authorized share capital from $200 million to $300 million, amending Article 5 of the articles of association Change in Authorized Share Capital | Metric | Previous | New | | :--- | :--- | :--- | | Authorized Share Capital | USD 199,999,800 | USD 300,000,000 | | Number of Shares | 133,333,200 | 200,000,000 | | Par Value per Share | USD 1.50 | USD 1.50 | - As a result of the capital increase, Article 5, paragraphs 1 and 4 of Millicom's articles of association were amended[7] - The Board of Directors issued a special report concerning the increase in authorized share capital in accordance with Luxembourg's law on commercial companies[7] Company Overview Millicom is a leading telecommunications provider in Latin America and Africa, serving 58 million mobile customers and over 12 million homes with fiber-cable networks - Millicom provides a wide range of digital services including TIGO Money (mobile financial services), TIGO Sports (local entertainment), and TIGO ONEtv (pay TV), alongside high-speed data, voice, and business solutions[9] Operational Metrics (as of December 31, 2021) | Metric | Value | | :--- | :--- | | Employees | Approx. 21,000 | | Mobile Customers | Approx. 58 million | | Fiber-Cable Footprint | > 12 million homes passed |