Millicom International Cellular S.A.

Millicom International Cellular S.A.

TIGO
Millicom International Cellular S.A.US flagNASDAQ
93.52
USD
-0.71
- -
15.67BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
34.53
50.14
51.52
31.63
30.78
30.74
33.65
29.53
33.08
40.45
33.03
33.88
34.73
43.27
Basic EPS, GAAP
1.8
20.75
-4.38
-0.25
0.68
-0.08
1.16
-2.67
4.58
1.27
-0.48
1.48
7.85
3.98
Free Cash Flow per Basic Share
-0.91
1.15
3.5
0.13
0.29
0.09
-0.82
-0.02
0.63
1.52
0.23
4.87
5.49
7.28
Dividend per Share
2.08
2.07
2.07
2.07
2.07
2.07
2.08
- -
- -
- -
- -
- -
4.5
5.5
Book Value per Share
15.17
18.37
27.25
24.78
24.17
19.79
18.7
15.97
20.24
21.1
20.55
21.31
21.78
14.64
Tangible Book Value per Share
-4.16
-24.94
16.05
14.15
14.3
1.53
-6.09
-10.42
-38.98
-21.98
-24.78
-19.27
-24.88
-37.8
Basic Weighted Avg Shares
127
127
128
128
128
128
129
129
129
139
171
171
168
167
Sales/Revenue/Turnover
4,390
6,386
6,572
4,042
3,936
3,946
4,335
3,805
4,261
5,624
5,661
5,804
5,819
7,236
Operating Margin (%)
13.28
14.47
12.83
9.62
11.23
10.72
10.06
6.62
9.74
15.74
13.76
21.92
25.83
22.94
Depreciation Expense
786
1,158
1,321
932
879
830
1,111
1,208
1,196
1,364
1,338
1,234
1,280
1,672
Net Income, GAAP
229
2,643
-559
-32
87
-10
149
-344
590
177
-82
253
1,316
665
Effective Tax Rate (%)
34.95
8.43
- -
164.22
94.19
94.12
55.05
- -
21.7
93.28
242.29
50.91
18.2
152.94
Profit Margin (%)
5.22
41.39
-8.51
-0.79
2.21
-0.25
3.44
-9.04
13.85
3.15
-1.45
4.36
22.62
9.19
Working Capital
-131
-2,098
-574
-230
-250
-1,148
240
-299
-2,234
-54
-413
-736
-407
-2,378
LT Debt
3,504
4,565
3,789
3,821
3,600
4,123
6,774
6,475
6,900
7,477
7,330
6,331
8,849
10,454
Total Equity
2,081
3,730
3,728
3,368
3,281
2,793
2,681
2,274
2,740
3,634
3,445
3,574
3,620
2,493
Return on Invested Capital (%)
6.56
11.47
- -
-3.35
0.36
0.35
2.32
- -
3.19
0.52
-9.96
5.92
10.7
-6.75
Return on Capital (%)
7.53
39.22
- -
-2.31
1.7
0.35
4.33
- -
9.54
2.27
-6.75
4.82
14.95
2.17
Return on Common Equity (%)
11.59
123.85
-19.22
-0.96
2.78
-0.35
6.02
-15.39
25.42
5.72
-2.3
7.07
36.21
22.2

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
622
1,561
1,447
LT Borrowings
6,556
7,393
7,647
LT Finance Leases
2,293
2,769
2,807
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
167
168
168
Market Capitalization
9,264
12,556
15,221

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,984
3,105
2,803
Cash, Cash Equivalents & STI
1,552
1,177
861
Accounts Receivable, Net
527
645
692
Inventories
70
97
101
Total Current Liabilities
3,391
5,047
5,181
Payables & Accruals
2,263
2,621
2,866
ST Debt
622
1,561
1,447
Deferred Revenue
296
211
206

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.67%
10.59%
1.29%
Free Cash Flow
-183.73%
-144.82%
10.31%
Net Income, GAAP
-297.47%
-95.24%
420.16%
Sales/Revenue/Turnover
0.42%
9.48%
0.26%
Total Cash Common Dividend
- -
- -
181.34%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,487
1,458
1,431
1,428
5,804
2025
1,368
1,367
1,420
1,652
5,819
2026
1,985
2,179
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.54
0.46
0.3
0.18
1.48
2025
1.14
4.05
1.17
1.51
7.85
2026
0.65
0.65
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
1
0.75
0.75
2
4.5
2026
0.75
2
- -
- -
- -

Company Description

APIChatGPT
CEO
Marcelo Benitez
Full Time Employees
14,250
Sector
Communication Services
Industry
Telecommunications Services
Address
148-150, Boulevard de la PEtrusse Luxembourg LU Luxembourg 2330
IPO Date
Jan 9, 2019
Business
Millicom International Cellular S.A. (TIGO) provides fixed and mobile telecommunications services across Latin America under the TIGO and Tigo Business brands. The company offers mobile services including high-speed data, voice, short message services, and mobile financial services through TIGO Money encompassing payments, money transfers, international remittances, savings, real-time loans, and micro-insurance; cable and pay-TV services via TIGO ONEtv and TIGO Sports for local entertainment and sports broadcasting; fixed-line broadband, fixed voice, and fiber-cable services; and business-to-business solutions such as managed services, cloud, security, value-added services, and tower infrastructure. It serves residential consumers, small, medium, and large businesses, and governmental entities in markets including Bolivia, Colombia, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Paraguay, and expansions into Ecuador and Uruguay. Founded in 1990 and headquartered in Luxembourg with a U.S. corporate office in Coral Gables, Florida, Millicom operates digital highways reaching over 45 million mobile and fiber-cable customers and more than 13 million homes passed as of late 2023. The company focuses on emerging markets in Latin America, emphasizing affordable prepaid services, digital inclusion, and converged packages bundling broadband with wireless offerings. Recent strategic expansions include the completion of its USD 380 million acquisition of Telefonica's operations in Ecuador in October 2025, enhancing its South American footprint; the USD 440 million acquisition of Telefonica's operations in Uruguay announced in May 2025; and a definitive agreement in March 2025 to acquire Telefonica's 67.5% stake in Colombia's Coltel for approximately USD 400 million (adjusted to USD 362 million), alongside an offer for the remaining stake in UNE, aimed at consolidating market scale, realizing network synergies, and accelerating digital transformation in these countries. These moves represent a shift toward intensified focus on Latin America, following prior divestitures from Africa and Asia. Millicom employs around 16,500 people and trades on NASDAQ (TIGO) and Nasdaq Stockholm (TIGO_SDB).

Company News

APIChatGPT
  • Millicom International Cellular Q2 Earnings Call Highlights

  • A Look at Millicom International Cellular SA (TIGO) After 13.7% Gain -- GF Value $34.58 vs Price $104.31

  • Millicom International Cellular S.A. (TIGO) Q2 2026 Earnings Call Transcript

  • Millicom International Cellular SA (TIGO) Beats Q2 Earnings and Revenue Estimates

  • Millicom (Tigo) raises 2026 Financial Guidance and declares $1.50 per share interim dividend

  • Millicom (Tigo) Q2 2026 Earnings Release

  • Bank of New York Mellon Corp Purchases 29,671 Shares of Millicom International Cellular SA $TIGO

  • Millicom (Tigo) notice of second quarter 2026 results and video conference

  • Millicom (Tigo) notice of second quarter 2026 results and video conference

  • Millicom Cellular: A Rare Telecom Growth Story With A 3% Yield

  • Millicom: Strong Margins, Higher Expectations

  • Millicom International Cellular SA (TIGO) Shares Fall 3.3% -- What GF Score of 62 Tells Investors

  • Millicom International Cellular SA (TIGO) Shares Surge 3.2% -- What GF Score of 62 Tells Investors

  • Results of the Millicom (Tigo) AGM held today

  • Millicom International Cellular Q1 Earnings Call Highlights

  • Millicom International Cellular SA (TIGO) Q1 Earnings and Revenues Top Estimates

  • Millicom (Tigo) Q1 2026 Earnings Release

  • Millicom (Tigo) Q1 2026 Earnings Release

  • A Look at Millicom International Cellular SA (TIGO) After 3.2% Gain -- GF Value $28.73 vs Price $84.88

  • Millicom (Tigo) notice of first quarter 2026 results and video conference