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Millicom International Cellular SA – ‘20-F’ for 12/31/23 – ‘EX-8.1’

On:  Tuesday, 3/12/24, at 1:53pm ET   ·   For:  12/31/23   ·   Accession #:  1628280-24-10449   ·   File #:  1-38763

Previous ‘20-F’:  ‘20-F’ on 2/28/23 for 12/31/22   ·   Latest ‘20-F’:  This Filing   ·   5 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/12/24  Millicom Int’l Cellular SA        20-F       12/31/23  117:76M                                    Workiva Inc Wde… FA01/FA

Annual or Annual-Transition Report by a Foreign Non-Canadian Issuer   —   Form 20-F   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 20-F        Annual or Annual-Transition Report by a Foreign     HTML   5.33M 
                Non-Canadian Issuer                                              
 2: EX-4.14     Instrument Defining the Rights of Security Holders  HTML    475K 
 3: EX-8.1      Opinion of Counsel re: Tax Matters                  HTML     39K 
 6: EX-13.1     Annual or Quarterly Report to Security Holders      HTML     34K 
 7: EX-13.2     Annual or Quarterly Report to Security Holders      HTML     34K 
 9: EX-97.1     Clawback Policy re: Recovery of Erroneously         HTML     58K 
                Awarded Compensation                                             
 4: EX-12.1     Statement re: the Computation of Ratios             HTML     38K 
 5: EX-12.2     Statement re: the Computation of Ratios             HTML     38K 
 8: EX-15.1     Letter re: Unaudited Interim Financial Info         HTML     33K 
15: R1          Cover                                               HTML    101K 
16: R2          Audit Information                                   HTML     38K 
17: R3          Consolidated statement of income                    HTML     95K 
18: R4          Consolidated statement of income (Parenthetical)    HTML     36K 
19: R5          Consolidated statement of comprehensive income      HTML     68K 
20: R6          Consolidated statement of financial position        HTML    155K 
21: R7          Consolidated statement of cash flows                HTML    155K 
22: R8          Consolidated statement of changes in equity         HTML     95K 
23: R9          Consolidated statement of changes in equity         HTML     51K 
                (Parenthetical)                                                  
24: R10         Introduction                                        HTML    107K 
25: R11         The Millicom Group                                  HTML    221K 
26: R12         Performance                                         HTML    532K 
27: R13         Capital structure and financing                     HTML    429K 
28: R14         Financial risk management                           HTML    163K 
29: R15         Long-term assets                                    HTML    328K 
30: R16         Other assets and liabilities                        HTML    101K 
31: R17         Additional disclosure items                         HTML    169K 
32: R18         Subsequent events                                   HTML     39K 
33: R19         Introduction (Policies)                             HTML    172K 
34: R20         Introduction (Tables)                               HTML     70K 
35: R21         The Millicom Group (Tables)                         HTML    206K 
36: R22         Performance (Tables)                                HTML    524K 
37: R23         Capital structure and financing (Tables)            HTML    396K 
38: R24         Financial risk management (Tables)                  HTML    201K 
39: R25         Long-term assets (Tables)                           HTML    306K 
40: R26         Other assets and liabilities (Tables)               HTML    101K 
41: R27         Additional disclosure items (Tables)                HTML    160K 
42: R28         Introduction - Business activities (Details)        HTML     42K 
43: R29         Introduction - Foreign exchange rates (Details)     HTML     72K 
44: R30         Introduction - Change in accounting estimate        HTML     45K 
                (Details)                                                        
45: R31         The Millicom Group - A.1. Subsidiaries (Details)    HTML     93K 
46: R32         The Millicom Group - A.1.2. Acquisition of          HTML     69K 
                subsidiaries and changes in non-controlling                      
                interests in subsidiaries Narrative (Details)                    
47: R33         The Millicom Group - A.1.3. Disposal of             HTML    116K 
                subsidiaries and decreases in non-controlling                    
                interests of subsidiaries (Details)                              
48: R34         The Millicom Group - A.1.4. Summarized financial    HTML    105K 
                information (Details)                                            
49: R35         The Millicom Group - A.2. Joint Ventures (Details)  HTML     79K 
50: R36         The Millicom Group - A.2.2. Material Joint          HTML    135K 
                Ventures - Honduras and Guatemala (Details)                      
51: R37         The Millicom Group - A.2.3 Impairment of            HTML     40K 
                Investments in Joint Ventures (Details)                          
52: R38         The Millicom Group - A.3. Investments in            HTML     46K 
                associates (Details)                                             
53: R39         The Millicom Group - A.4.2 Discontinued Operations  HTML     88K 
                (Details)                                                        
54: R40         Performance B.1.1 Accounting for revenue (Details)  HTML     53K 
55: R41         Performance B.2. Expenses (Details)                 HTML    107K 
56: R42         Performance B.3. Segment Information - Narrative    HTML     42K 
                (Details)                                                        
57: R43         Performance B.3. Segmental Information - Revenue,   HTML    147K 
                operating profit (loss), EBITDA, and other                       
                (Details)                                                        
58: R44         Performance B.4. People (Details)                   HTML     57K 
59: R45         Performance B.4.1. Share-based compensation - Cost  HTML     47K 
                of share based compensation (Details)                            
60: R46         Performance B.4.1. Share-based compensation -       HTML    102K 
                Narrative (Details)                                              
61: R47         Performance B.4.1. Share-based compensation -       HTML     58K 
                Assumptions (Details)                                            
62: R48         Performance B.4.1. Share-based compensation - Plan  HTML    100K 
                awards and shares expected to vest (Details)                     
63: R49         Performance B.4.2. Pension and other long-term      HTML     54K 
                employee benefit plans (Details)                                 
64: R50         Performance B.4.3. Directors and executive          HTML    108K 
                management (Details)                                             
65: R51         Performance B.5. Other non-operating (Expenses)     HTML     62K 
                Income, Net (Details)                                            
66: R52         Performance B.6.1 Income tax expense (Details)      HTML    114K 
67: R53         Performance B.6.3 Deferred tax (Details)            HTML    120K 
68: R54         Performance B.7. Earnings Per Share (Details)       HTML     79K 
69: R55         Capital structure and financing - C.1. Share        HTML    126K 
                capital and other equity reserves (Details)                      
70: R56         Capital structure and financing - C.2. Dividend     HTML     35K 
                distributions (Details)                                          
71: R57         Capital structure and financing - C.3. Debt and     HTML     80K 
                financing (Details)                                              
72: R58         Capital structure and financing - C.3.1. Bond       HTML   1.21M 
                financing (Details)                                              
73: R59         Capital structure and financing - C.3.2. Bank and   HTML    443K 
                Development Financial Institution financing                      
                (Details)                                                        
74: R60         Capital structure and financing - C.3.3. Interest   HTML     44K 
                and other financial expenses (Details)                           
75: R61         Capital structure and financing - C.3.4.            HTML     52K 
                Guarantees and pledged assets (Details)                          
76: R62         Capital structure and financing - C.4. Lease        HTML     44K 
                liability (Details)                                              
77: R63         Capital structure and financing - C.5. Cash and     HTML     50K 
                deposits (Details)                                               
78: R64         Capital structure and financing - C.6. Net          HTML     44K 
                financial obligations, table 1 (Details)                         
79: R65         Capital structure and financing - C.6. Net          HTML     94K 
                finnacial obligations, table 2 (Details)                         
80: R66         Capital structure and financing - C.7.2. Fair       HTML    111K 
                value of financial Instruments (Details)                         
81: R67         Capital structure and financing - C.7.4. Call and   HTML     52K 
                put options (Details)                                            
82: R68         Financial risk management - D. Financial risk       HTML     45K 
                management (Details)                                             
83: R69         Financial risk management - D.1. Interest rate      HTML     39K 
                risk (Details)                                                   
84: R70         Financial risk management - D.1.1. Fixed and        HTML     85K 
                floating rate debt (Details)                                     
85: R71         Financial risk management - D.1.2. Interest rate    HTML     65K 
                swap contracts (Details)                                         
86: R72         Financial risk management - D.2.1. Debt             HTML     68K 
                denominated in US Dollars and other currencies                   
                (Details)                                                        
87: R73         Financial risk management - D.5. Liquidity risk     HTML    113K 
                (Details)                                                        
88: R74         Financial risk management - D.6. Capital            HTML     52K 
                management (Details)                                             
89: R75         Long-term assets - E.1.1. Accounting for            HTML     45K 
                intangible assets (Details)                                      
90: R76         Long-term assets - E.1.3. Movement in intangible    HTML    109K 
                assets (Details)                                                 
91: R77         Long-term assets - E.1.4. Cash used for the         HTML     39K 
                purchase of intangible assets (Details)                          
92: R78         Long-term assets - E.1.5. Goodwill and indefinite   HTML     60K 
                useful life trademarks (Details)                                 
93: R79         Long-term assets - E.1.6. Impairment testing of     HTML     94K 
                goodwill (Details)                                               
94: R80         Long-term assets - E.2.1. Accounting for property,  HTML     50K 
                plant and equipment (Details)                                    
95: R81         Long-term assets - E.2.2. Movements in tangible     HTML     96K 
                assets (Details)                                                 
96: R82         Long-term assets - E.2.3. Cash used for the         HTML     44K 
                purchase of tangible assets (Details)                            
97: R83         Long-term assets - E.3 Right of use assets          HTML    109K 
                (Details)                                                        
98: R84         Other assets and liabilities F.1. Trade             HTML     65K 
                receivables (Details)                                            
99: R85         Other assets and liabilities F.2. Inventories       HTML     41K 
                (Details)                                                        
100: R86         Other assets and liabilities F.3. Trade payables    HTML     35K  
                (Details)                                                        
101: R87         Other assets and liabilities F.4.1. Current         HTML     53K  
                provisions and other liabilities (Details)                       
102: R88         Other assets and liabilities F.4.2. Non-current     HTML     47K  
                provisions and other liabilities (Details)                       
103: R89         Other assets and liabilities F.4.3. Non-current     HTML     70K  
                payables and accruals for capital expenditure                    
                (Details)                                                        
104: R90         Other assets and liabilities F.5. Assets and        HTML     70K  
                liabilities related to contract with customers                   
                (Details)                                                        
105: R91         Additional disclosure items G.1 Fees to auditors    HTML     43K  
                (Details)                                                        
106: R92         Additional disclosure items G.2.1. Capital          HTML     40K  
                commitments (Details)                                            
107: R93         Additional disclosure items G.3.1. Litigation and   HTML     43K  
                legal risks (Details)                                            
108: R94         Additional disclosure items G.3.2. Tax related      HTML     54K  
                risks and uncertain tax position (Details)                       
109: R95         Additional disclosure items G.4. Non-cash           HTML     41K  
                investing and financing activity (Details)                       
110: R96         Additional disclosure items G.5. Related party      HTML     81K  
                balances and transactions (Details)                              
111: R97         Additional disclosure items G.6. Colombia           HTML    387K  
                Unrestricted Subsidiaries (Details)                              
112: R98         Subsequent events (Details)                         HTML     78K  
114: XML         IDEA XML File -- Filing Summary                      XML    214K  
117: XML         XBRL Instance -- tigo-20231231_htm                   XML   8.16M  
113: EXCEL       IDEA Workbook of Financial Report Info              XLSX    496K  
11: EX-101.CAL  XBRL Calculations -- tigo-20231231_cal               XML    466K 
12: EX-101.DEF  XBRL Definitions -- tigo-20231231_def                XML   2.07M 
13: EX-101.LAB  XBRL Labels -- tigo-20231231_lab                     XML   3.82M 
14: EX-101.PRE  XBRL Presentations -- tigo-20231231_pre              XML   2.64M 
10: EX-101.SCH  XBRL Schema -- tigo-20231231                         XSD    543K 
115: JSON        XBRL Instance as JSON Data -- MetaLinks              737±  1.15M  
116: ZIP         XBRL Zipped Folder -- 0001628280-24-010449-xbrl      Zip   1.96M  


‘EX-8.1’   —   Opinion of Counsel re: Tax Matters


This Exhibit is an HTML Document rendered as filed.  [ Alternative Formats ]



 C:   C: 
  Document  

Exhibit 8.1
Significant Subsidiaries
Entity Country
Colombia Móvil S.A. E.S.P.
 Colombia
Comunicaciones Celulares S.A.
Guatemala
Distribuidora de Comunicaciones de Occidente, S.A.Guatemala
Grupo de Comunicaciones Digitales S.A. (formerly Telefónica Móviles Panamá S.A.)
Panama
Lati International S.A. (i)Luxembourg
Millicom Cable Costa Rica S.A.
 Costa Rica
Millicom Holding B.V.
 Netherlands
Millicom International Operations B.V.
 Netherlands
Millicom International Services LLC
USA
MIC Latin America B.V.
 Netherlands
Millicom LIH S.A.
 Luxembourg
Millicom International Operations S.A.
 Luxembourg
Millicom Spain S.L.
 Spain
Millicom Telecommunications S.A. (ii)Luxembourg
Navega.com S.A.
Guatemala
Servicios Especializados en Telecomunicaciones, S.A.Guatemala
Servicios Innovadores de Comunicacion y Entretenimiento, S.A.Guatemala
Servicios y Productos Multimedios S.A.Paraguay
Telecomunicaciones Digitales, S.A. (formerly Cable Onda S.A.)
Panama
Telefónica Celular de Bolivia S.A.
 Bolivia
Telefónica Celular de Nicaragua S.A.
Nicaragua
Telefónica Celular del Paraguay S.A.
 Paraguay
Telemóvil El Salvador, S.A. de C.V.
El Salvador
UNE EPM Telecomunicaciones S.A. and subsidiaries
 Colombia
(i) Lati International S.A. is the holding company of our tower business.
(ii) Millicom Telecommunications S.A. is the holding company of most of our MFS business.


5 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/28/23  Millicom Int’l Cellular SA        20-F       12/31/22  121:44M                                    Workiva Inc Wde… FA01/FA
 3/02/22  Millicom Int’l Cellular SA        20-F/A     12/31/21  127:170M                                   Workiva Inc Wde… FA01/FA
 3/10/21  Millicom Int’l Cellular SA        20-F       12/31/20  118:44M                                    Workiva Inc Wde… FA01/FA
 2/28/20  Millicom Int’l Cellular SA        20-F       12/31/19  122:36M
12/13/18  Millicom Int’l Cellular SA        20FR12B               11:9.7M                                   Toppan Merrill/FA
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Filing Submission 0001628280-24-010449   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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