TIGO Millicom International Cellular S.A.

Millicom (Tigo) releases the 2023 Annual Report

Millicom (Tigo) releases the 2023 Annual Report

Millicom (Tigo) releases the 2023 Annual Report

Luxembourg, March 12, 2024. – , a leading provider of fixed and mobile services in Latin America, announces today the release of its Annual Report including the standalone financial statements of Millicom International Cellular S.A. for the year 2023. For further details please click on the following link:

-END-

For further information, please contact:

Press:

Sofía Corral, Communications Director

Investors:

Michel Morin, VP Investor Relations

About Millicom

Millicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of fixed and mobile telecommunications services in Latin America. Through our TIGO® and Tigo Business® brands, we provide a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. As of December 31, 2023, Millicom, including its Honduras Joint Venture, employed approximately 16,500 people and provided mobile and fiber-cable services through its digital highways to more than 45 million customers, with a fiber-cable footprint over 13 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg.



EN
12/03/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Millicom International Cellular S.A.

 PRESS RELEASE

Millicom (Tigo) share repurchase activity  

Millicom (Tigo) share repurchase activity   Millicom (Tigo) share repurchase activity Luxembourg, May 17, 2024 – Pursuant to the share repurchase program announced on December 15, 2023, Millicom repurchased 36,701 of its Swedish Depository Receipts (SDRs) between May 13, 2024 and May 17, 2024, as detailed in the table below. Trade DateNumber of SDRs repurchasedDaily average price paid* (SEK) Daily repurchase amount* (SEK)05/13/20247,577245.06861,856,88505/14/20247,110249.45921,773,65505/15/20247,437252.97471,881,37305/16/20247,277254.11691,849,20905/17/20247,300254.12991,855,148 * Excludi...

 PRESS RELEASE

Millicom (Tigo) share repurchase activity

Millicom (Tigo) share repurchase activity Millicom (Tigo) share repurchase activity Luxembourg, May 10, 2024 – Pursuant to the share repurchase program announced on December 15, 2023, Millicom repurchased 29,063 of its Swedish Depository Receipts (SDRs) between May 6, 2024 and May 10, 2024, as detailed in the table below. Trade DateNumber of SDRs repurchasedDaily average price paid* (SEK) Daily repurchase amount* (SEK)05/06/20247,000230.63101,614,41705/07/20247,935231.48271,836,81505/08/20246,190233.21791,443,61905/10/20247,938246.65631,957,958 * Excluding commissions All purchases were c...

Stefan Gauffin
  • Stefan Gauffin

Millicom (Buy, TP: SEK310.00) - EFCF falling into place

After years of EFCF disappointing, we are even more confident that Millicom can beat its target of USD550m in 2024. On our estimates, the stock is trading at a 15% FCF yield. We reiterate our BUY and have raised our target price to SEK310 (290).

 PRESS RELEASE

Millicom (Tigo) Q1 2024 Earnings Release

Millicom (Tigo) Q1 2024 Earnings Release Millicom (Tigo) Q1 2024 Earnings Release Luxembourg, May 8, 2024 –  is pleased to announce its first quarter 2024 results. Please find below links to the Q1 2024 Earnings Release and IAS 34 Interim Condensed Consolidated Financial Statements. Highlights* Revenue grew 8.6% driven by Service revenue up 8.8%, due to stronger currencies and organic growth of 3.8%, up from 3.2% in Q4 attributable to large B2B contracts in Panama and a return to positive growth in Guatemala. Operating profit increased 70.6%, reflecting the revenue increase and a 3.4% d...

Stefan Gauffin
  • Stefan Gauffin

Millicom (Buy, TP: SEK290.00) - Time to reap the benefits

In 2023, Millicom implemented significant measures to take out costs of USD250m, which is set to boost EBITDA growth in 2024. If we adjust for the restructuring charges, we calculate 13% underlying EBITDA growth in 2024. We reiterate our BUY, and have raised our target price to SEK290 (275).

ResearchPool Subscriptions

Get the most out of your insights

Get in touch