Q&A With Mauricio Ramos
CEO of telecoms and media firm, Millicom
Q: what is your background?
A: I’m from Colombia, where I obtained degrees in economic and law. I’ve worked in the office of the president of Colombia, taught economics and worked in investment banking before joining the cable firm, Liberty Global, in Latin American roles. After 15 great years at Liberty, it was time for a change and I saw that Millicom has a platform for fixed-mobile convergence, of which I am a strong advocate. It made sense to bring in a ‘cable guy’ who believes in mobile and I joined as CEO in 2015.
Q: millicom is primarily in emerging markets...
A: Yes, we operate mainly in Latin America and Africa, under the Tigo brand name – in frontier as well as emerging markets – and 70% of our business is mobile. We like to say that Millicom is the little known $6.5 billion telecoms provider – but we have been around for 25 years and have 60 million customers. Historically the company focused on 2G mobile and then made the transition to 3G, but Millicom came on my radar because it was also one of the companies that started buying and investing in cable networks, with the goal of being a convergent provider of services in the markets where it operates. So, being very familiar with the Latin American landscape, this caught my attention. We want to build cable in our markets and provide consumers with seamless connectivity between fixed and mobile. We have also launched 4G where licences have been granted, with a few exceptions at present. So we have made a leap into a data proposition for our consumers, both in mobile and increasingly on fixed.
"The only way to limit the digital divide is to embrace the ubiquity that mobile provides, with the capacity that only fixed can provide."
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