Millicom CEO Mauricio Ramos elected as Chair of U.S.-Colombia Business Council

Rhea-AI Summary

Millicom announces that its CEO, Mauricio Ramos, has been elected as Chair of the U.S.-Colombia Business Council (USCBC) as of February 9, 2021. The USCBC aims to enhance economic ties between the United States and Colombia, alleviating trade barriers and promoting growth. Ramos expressed his commitment to leveraging digital technology for stronger commercial relations. The U.S. is Colombia's largest trading partner, with trade volumes reaching $29 billion in goods and $11.7 billion in services in 2019, indicating a robust partnership.

Positive

• Mauricio Ramos's election as Chair of the USCBC enhances Millicom's influence in U.S.-Colombia relations.
• The USCBC's mission supports economic growth, potentially benefiting Millicom's business prospects.

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• None.

Millicom CEO Mauricio Ramos elected as Chair of U.S.-Colombia Business Council

Luxembourg, February 9, 2021 – Millicom, a leading provider of cable and mobile services operating under the TIGO brand in Latin America, is elated to congratulate CEO Mauricio Ramos on his appointment as Chair of the U.S. Chamber of Commerce’s U.S.-Colombia Business Council (USCBC).  

The U.S.-Colombia Business Council (USCBC) is the premier business organization dedicated to strengthening the economic and commercial relationship between the United States and Colombia, while removing barriers to trade, job creation, growth, and prosperity in both countries.

 “On behalf of the entire Millicom Board of Directors, I am thrilled to extend my warmest congratulations to Mauricio on his well-deserved appointment as Chair of the U.S.-Colombia Business Council,” said José Antonio Ríos, Chairman of the Board at Millicom. “Mauricio’s extraordinary leadership in his role as CEO of Millicom (TIGO) has allowed us to pioneer the creation of the digital landscape for hundreds of communities across Latin America and beyond. Colombia has been an utmost essential country for Millicom (TIGO) for many years. We all are looking forward to continuing upon the path of building the digital highways that connect all Colombians for the years to come. Congratulations, Mauricio!”

“It is an honor to lead the work of the U.S.-Colombia Business Council at this pivotal time when the power of digital technology and innovation has the ability to expand opportunity for citizens of Colombia and United States,” commented Ramos. “I’m pleased to contribute my expertise and affinity for both countries to support stronger business ties.”

A U.S. citizen born in Colombia, Ramos will lead the USCBC along the path to advocate for the digital transformation priorities and stronger commercial ties between Colombia and the United States, two countries that already enjoy a vibrant strategic partnership. 

The U.S.-Colombia Business Council (USCBC) has 30 corporate members representing a broad cross-section of industries and sectors where the two countries have a diverse trade partnership. The USCBC works closely with the National Business Association of Colombia (ANDI) and their members to promote a vibrant and growing commercial partnership. The United States is Colombia’s largest trading partner, with two-way goods trade totaling $29 billion and services trade of $11.7 billion in 2019.

Courtesy: Spanish version.

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For further information, please contact:

Press: Vivian Kobeh, Corporate Communications Director +1 786-628-5300 press@millicom.com

Investors: Michel Morin, VP Investor Relations +1 786-628-5270 investors@millicom.com Sarah Inmon, Investor Relations Manager +1 786-628-5303 investors@millicom.com

About Millicom
Millicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of cable and mobile services dedicated to emerging markets in Latin America and Africa. Millicom sets the pace when it comes to providing high-speed broadband and innovation around The Digital Lifestyle® services through its principal brand, TIGO. As of December 31, 2019, Millicom operating subsidiaries and joint ventures employed more than 22,000 people and provided mobile services to approximately 52 million customers, with a cable footprint of more than 11 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg.

 

Attachments

• PR_Millicom CEO Mauricio Ramos elected as Chair of U.S.-Colombia Business Council_020821
• PR_SPA_Millicom CEO Mauricio Ramos elected as Chair of U.S.-Colombia Business Council_020821

FAQ

Who is the new Chair of the U.S.-Colombia Business Council?

Mauricio Ramos, CEO of Millicom, has been elected as the new Chair of the U.S.-Colombia Business Council.

When was Mauricio Ramos elected as Chair of the USCBC?

Mauricio Ramos was elected as Chair of the U.S.-Colombia Business Council on February 9, 2021.

What is the role of the U.S.-Colombia Business Council?

The USCBC focuses on enhancing economic and commercial ties between the United States and Colombia while promoting trade and job creation.

What are the trade statistics between the U.S. and Colombia?

In 2019, two-way goods trade between the U.S. and Colombia totaled $29 billion, with services trade amounting to $11.7 billion.