Moody's: Millicom view to negative

Moody's Investors Service said it affirmed the corporate family rating of Millicom International Cellular SA and changed the outlook to negative from stable.

Moody's said the change in outlook was based on higher leverage pro forma for the announced combination of Colombia Movil's and UNE's operations in Colombia, which could take time to improve given current challenging operating environment across Millicom's geographies.

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