Millicom/$TIGO

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About Millicom

Millicom offers wireless and fixed-line telecom services primarily in smaller, less developed countries in Latin America. Countries served include Bolivia (100% owned), Nicaragua (100%), Panama (100%), El Salvador (100%), Guatemala (100%), Paraguay (100%), Colombia (50%), and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm's wireless networks cover about 120 million people, serving 42 million customers. Its fixed-line networks reach 14 million homes, serving about 4 million broadband customers. Increasingly, Millicom offers converged packages that include broadband with wireless services. The firm has agreed to acquire Telefonica's operations in Ecuador and Uruguay.

Ticker

$TIGO

Sector

Communication
Primary listing

Employees

14,000

Headquarters

Luxembourg, Luxembourg

Millicom Metrics

BasicAdvanced
$7.9B
8.48
$5.57
1.11
$4.50
6.35%

What the Analysts think about Millicom

Analyst ratings (Buy, Hold, Sell) for Millicom stock.

Bulls say / Bears say

Millicom agreed to acquire Telefónica’s Uruguayan unit for $440 million, enhancing its spectrum holdings and presence in a stable, investment-grade economy with strong ARPU prospects. (Reuters)
By acquiring Telefónica Ecuador for $380 million, Millicom gains 5 million subscribers and entry into a dollarized market with favorable macro fundamentals, bolstering its converged services platform. (El País/CincoDías)
The Board declared a special $2.50 per share interim dividend to be paid in two equal installments, reflecting strong cash flow generation and disciplined capital allocation. (Nasdaq)
Fitch affirmed Millicom's 'BB+' rating but highlighted that the company faces challenging operating environments in its Latin American markets, characterized by weak systemic governance and vulnerability to economic shocks. (MarketScreener)
The $440 million acquisition of Telefónica Uruguay remains subject to regulatory approvals, posing execution risk that could delay anticipated synergies and increase integration costs. (Reuters)
Weaker foreign exchange rates across Bolivia, Colombia, and Paraguay drove a 5.9% year-on-year decline in Q2 2025 service revenue, underscoring earnings volatility from currency fluctuations. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 5 Oct 2025.

Millicom Financial Performance

Revenues and expenses
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$37B
-39.75%
Net income
$45B
107.52%
Profit margin
37.65%
6.78%

Millicom Earnings Performance

Company profitability
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$3.69
$2.85
$2.45
$2.42
-
Expected
$3.55
$2.61
$2.05
$2.31
$3.94
Surprise
3.94%
9.20%
19.51%
4.63%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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