Mobile operator Telefónica Celular de Bolivia is the Bolivian unit of Luxembourg-based telecom group Millicom. It operates in the country under the brand name Tigo. The company holds a 40-year, 30MHz mobile telephony concession in the 800MHz band. In 2013 it acquired local cable TV provider Multivisión, and it started to offer direct-to-home (DTH) satellite TV services. In 2014 it launched its Tigo Sports TV channel in Bolivia, and also offers mobile financial services through its Tigo Money unit. In the mobile telephony segment, the company currently has over 3 million subscribers.