Buy Millicom
Amount
Latest price
$48.725
(£1.00 = $1.348)
Number of shares (est.)
0
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Metrics
Market Cap
$8.036B
P/E ratio
8.56
EPS
$5.623
Beta
1.08
Dividend rate
$4.75
Dividend yield
9.87%
About
Millicom International Cellular SA is a Luxembourg-based international digital telecommunications and media company. The Company provides a wide range of fixed line and mobile communications services, cable and satellite television, mobile financial services and local content, such as music and sports, to both private and business customers. It offers digital services and products through the business brands TIGO which includes 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. The segments include Latin America, which focuses on mobile and cable services; and Africa, which covers mobile services with a focus on business-to-business customers.
CEO
Mr. Marcelo Benitez
Employees
14,185
Sector
Telco
Company HQ
LUXEMBOURG, Luxembourg
Website
News
3 Wireless Non-US Stocks Likely to Thrive Despite Industry Challenges
The fast-track 5G rollout and solid wireless traction should help the Zacks Wireless Non-US industry thrive despite short-term headwinds. KDDIY, VOD and TIGO are well-positioned to make the most of the demand for seamless connectivity solutions.
Millicom (Tigo) Reaches Strategic Agreement with EPM to facilitate Merger Process with ColTel
Millicom (Tigo) Reaches Strategic Agreement with EPM to facilitate Merger Process with ColTel Luxembourg, August 14, 2025 – Millicom (Tigo) today announced a key agreement with Empresas Públicas de Medellín (EPM) that advances its acquisition strategy in Colombia and unlocks a path toward the integration of Tigo-UNE and Colombia Telecomunicaciones (ColTel). Under the terms of the agreement: Millicom has committed to present an offer in EPM's Law 226 sale process, subject to the terms published by EPM on July 1, 2025, in which EPM set a minimum price of COP$418,741 per share of Tigo-UNE, representing a total consideration of approximately USD $520 million.
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