TIGO icon

Millicom

36.85 USD
+0.79
2.19%
At close May 19, 4:00 PM EDT
After hours
36.85
+0.00
0.00%
1 day
2.19%
5 days
7.59%
1 month
14.87%
3 months
40.92%
6 months
42.11%
Year to date
46.64%
1 year
53.10%
5 years
80.73%
10 years
-45.02%
 

About: 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 sell the majority of its wireless towers to SBA Communications for $975 million.

Employees: 14,000

0
Funds holding %
of 7,202 funds
0
Analysts bullish %
of 4 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

888% more first-time investments, than exits

New positions opened: 79 | Existing positions closed: 8

500% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2024] → 6 (+5) [Q1 2025]

493% more capital invested

Capital invested by funds: $281M [Q4 2024] → $1.67B (+$1.38B) [Q1 2025]

321% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 14

71% more funds holding

Funds holding: 97 [Q4 2024] → 166 (+69) [Q1 2025]

25.45% more ownership

Funds ownership: 6.53% [Q4 2024] → 31.98% (+25.45%) [Q1 2025]

61% less call options, than puts

Call options by funds: $106K | Put options by funds: $272K

Research analyst outlook

4 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$36
2%
downside
Avg. target
$39
5%
upside
High target
$41
11%
upside

4 analyst ratings

positive
75%
neutral
25%
negative
0%
UBS
Leonardo Olmos
7%upside
$40
Buy
Maintained
16 May 2025
Barclays
Mathieu Robilliard
2%downside
$36
Equal-Weight
Maintained
3 Apr 2025
JP Morgan
Marcelo Santos
11%upside
$41
Overweight
Maintained
3 Apr 2025
Scotiabank
Andres Coello
3%upside
$38
Sector Outperform
Maintained
28 Feb 2025

Financial journalist opinion

Based on 7 articles about TIGO published over the past 30 days

Neutral
Seeking Alpha
1 week ago
Millicom International Cellular S.A. (TIGO) Q1 2025 Earnings Call Transcript
Millicom International Cellular S.A. (NASDAQ:TIGO ) Q1 2025 Earnings Conference Call May 8, 2025 8:00 AM ET Company Participants Michel Morin - Vice President of Investor Relations Marcelo Benitez - Chief Executive Officer Bart Vanhaeren - Chief Financial Officer Conference Call Participants Marcelo Santos - JPMorgan Andres Coello - Scotiabank Andreas Joelsson - Carnegie Eduardo Nieto - JPMorgan Gustavo Farias - UBS Michel Morin Hello, everyone, and welcome to our first quarter 2025 results call.
Millicom International Cellular S.A. (TIGO) Q1 2025 Earnings Call Transcript
Neutral
Business Wire
1 week ago
ATIS Group to Acquire Lati Paraguay from Millicom, Expanding Tower Footprint in the Southern Cone
BUENOS AIRES, Argentina--(BUSINESS WIRE)--ATIS Group (“ATIS”), a leading digital infrastructure provider in Latin America, today announced that it has entered into a definitive agreement, signed on April 26, 2025, with Millicom (NASDAQ: TIGO) to acquire Lati Paraguay, a subsidiary owning approximately 300 wireless communications towers in Paraguay. This transaction marks another milestone in ATIS's strategic expansion across the Southern Cone, reinforcing its position as the region's premier in.
ATIS Group to Acquire Lati Paraguay from Millicom, Expanding Tower Footprint in the Southern Cone
Positive
Zacks Investment Research
1 week ago
Millicom International Cellular SA (TIGO) Q1 Earnings Beat Estimates
Millicom International Cellular SA (TIGO) came out with quarterly earnings of $1.14 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.54 per share a year ago.
Millicom International Cellular SA (TIGO) Q1 Earnings Beat Estimates
Neutral
GlobeNewsWire
1 week ago
Millicom (Tigo) Q1 2025 Earnings Release
Millicom (Tigo) Q1 2025 Earnings Release Luxembourg, May 8, 2025 – Millicom is pleased to announce its first quarter 2025 results. Please find below links to the Q1 2025 Earnings Release and IAS 34 Interim Condensed Consolidated Financial Statements.
Millicom (Tigo) Q1 2025 Earnings Release
Neutral
Zacks Investment Research
2 weeks ago
Millicom International Cellular SA (TIGO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Millicom International Cellular (TIGO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Millicom International Cellular SA (TIGO) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Neutral
GlobeNewsWire
2 weeks ago
Millicom (Tigo) notice of first quarter 2025 results and video conference
Millicom (Tigo) notice of first quarter 2025 results and video conference Luxembourg, April 29, 2025 – Millicom expects to announce its first quarter 2025 results on May 8, 2025, via a press release. Millicom is planning to host a video conference for the global financial community on May 8, 2025, at 14:00 pm (Luxembourg) / 13:00 (London) / 08:00 (Miami).
Millicom (Tigo) notice of first quarter 2025 results and video conference
Neutral
GlobeNewsWire
3 weeks ago
SEB informs Millicom (Tigo) it has completed the sale of shares
SEB informs Millicom (Tigo) it has completed the sale of shares Luxembourg, April 23, 2025 – Millicom International Cellular S.A. (“Millicom”) completed the delisting of its Swedish Depositary Receipts (SDRs) from Nasdaq Stockholm on March 17, 2025, resulting in the Nasdaq Stock Market in the United States being the sole exchange where its common shares are listed.
SEB informs Millicom (Tigo) it has completed the sale of shares
Neutral
GlobeNewsWire
1 month ago
Convening Notice for Annual General Meeting and Extraordinary General Meeting of Shareholders
Convening Notice for Annual General Meeting and Extraordinary General Meeting of Shareholders MILLICOM INTERNATIONAL CELLULAR S.A. Registered Address : 148-150, Boulevard de la Pétrusse L-2330, Grand Duchy of Luxembourg – R.C.S.
Convening Notice for Annual General Meeting and Extraordinary General Meeting of Shareholders
Neutral
GlobeNewsWire
1 month ago
Millicom (Tigo) releases its 2024 Annual Report, marking a year of transformation in Latin America's telecommunications industry
Millicom (Tigo) releases its 2024 Annual Report, marking a year of transformation in Latin America's telecommunications industry
Millicom (Tigo) releases its 2024 Annual Report, marking a year of transformation in Latin America's telecommunications industry
Positive
Seeking Alpha
1 month ago
Millicom International Cellular Has Reset The Base (Rating Upgrade)
Millicom International Cellular S.A. significantly reduced its cost base, boosting FY 2024 operating profit by 63% on just 2.5% revenue growth. These savings are sustainable and expected to continue into FY 2025, enabling. While overall TIGO revenue growth remains moderate, key segments like postpaid wireless, digital services, and bundled home services are accelerating, supporting future upside. Foreign exchange and legal risks remain, but are balanced by strong cash flow, margin expansion, and rapid debt reduction (from 3.29x to 2.42x leverage in one year).
Millicom International Cellular Has Reset The Base (Rating Upgrade)
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