Tuesday, July 24, 2007

UPDATE 2-Millicom Q2 profit below forecast, shares dive

(Reuters) - Millicom, which runs telecoms networks in emerging markets
around the world, said it expected another record year in 2007
but it also spoke of rising competitive pressures.




"Competition in our markets continues to be strong and we
are facing faster reactions from our competitiors, particularly
in Central America," Chief Executive Marc Beuls said in a
statement.


Read more at Reuters.com Market News

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