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CORAL GABLES – December 6, 2011

–Emil R. Infante and Carlos J. Abarca, partners at Infante Zumpano in Coral Gables, recently assisted Guatemala’s mobile telecommunication market leader in raising $300 million through a syndicated loan arranged by Citigroup Global Markets, Inc., in New York.

“This is an important step forward for Comcel, Guatemala’s largest mobile telecom operator and subsidiary of Millicom International Cellular, S.A. (Millicom) because it provides for a secure funding base at a time of increased market volatility,” said Abarca, who is co-chair of the Coral Gables law firm’s Corporate Department. “Obtaining the loan, at favorable terms to the borrowers, is a testimony to Comcel and Millicom’s financial strength and stability,” said Infante, co-managing partner and Chair of the Securities and Financial Regulations Group.

The administrative agent for the lenders was Citibank N.A. The seven-year syndicated loan, whose maximum commitment amount is $300 million, will support the ongoing operations for the Guatemalan operator.

Salvador Escalón, Acisclo Valladares and Manuel Cáceres assisted Comcel as in-house counsel for the Millicom subsidiary.  Infante Zumpano served as the New York lead external counsel for the borrower. Abarca has extensive experience representing banks and borrowers in complex cross-border financial transactions. He has represented Fortune 500 companies in acquisitions and divestitures, private companies raising capital, and Florida entities in general corporate matters. Infante has extensive experience in securities and financial regulation, and complex commercial and transactional matters.

Infante Zumpano is one of the largest minority-owned law firms in Florida providing a broad range of legal services from simple contracts to complex litigation and corporate transactions. The firm prides itself in the education and background experience of all its attorneys and staff and is committed to providing the highest level of legal expertise, resources and representation to clients.  For more information, call 305.503.2990 or visit www.infantezumpano.com