Millicom International Cellular Overview
- Year Founded
-
1990

- Status
-
Public
- Employees
-
15,000

- Stock Symbol
-
TIGO

- Investments
-
33
- Share Price
-
$27.14
- (As of Wednesday Closing)
Millicom International Cellular General Information
Description
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 41 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.
Contact Information
Website
www.millicom.comCorporate Office
- 2 Rue Du Fort Bourbon
- Luxembourg, 1249
- Luxembourg
Corporate Office
- 2 Rue Du Fort Bourbon
- Luxembourg, 1249
- Luxembourg
Millicom International Cellular Timeline
Millicom International Cellular Stock Performance
As of 12-Feb-2025, Millicom International Cellular’s stock price is $27.14. Its current market cap is $4.6B with 169M shares.
(As of Wednesday Closing)
Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
---|---|---|---|---|---|---|
$27.14 | $26.75 | $15.55 - $28.75 | $4.6B | 169M | 231K | $0.92 |
Millicom International Cellular Financials Summary
As of 30-Sep-2024, Millicom International Cellular has a trailing 12-month revenue of $5.85B.
In Thousands, USD |
TTM 30-Sep-2024 | FY 2023 31-Dec-2023 | FY 2022 31-Dec-2022 | FY 2021 31-Dec-2021 |
---|---|---|---|---|
EV | 11,242,832 | 10,025,467 | 9,207,341 | 8,526,529 |
Revenue | 5,851,000 | 5,661,000 | 5,624,000 | 4,261,000 |
EBITDA | 2,311,000 | 2,079,000 | 2,142,000 | 2,343,000 |
Net Income | 158,000 | (82,000) | 177,000 | 590,000 |
Total Assets | 14,067,000 | 14,516,000 | 14,198,000 | 15,141,000 |
Total Debt | 7,252,000 | 7,740,000 | 7,820,000 | 8,911,000 |
Millicom International Cellular Valuation & Funding
Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
---|
Millicom International Cellular Comparisons
Industry
Financing
Details
Millicom International Cellular Competitors (73)
One of Millicom International Cellular’s 73 competitors is América Móvil, a Private Debt Financed company based in Mexico City, Mexico.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
América Móvil | Private Debt Financed | Mexico City, Mexico | ||||
Telefónica del Perú | Corporation | Surquillo, Peru | ||||
Telecom Argentina | Corporate Backed or Acquired | Buenos Aires, Argentina | ||||
Telefónica | Corporation | Madrid, Spain | ||||
Telefonica Brasil | Corporation | Sao Paulo, Brazil |
Millicom International Cellular Signals
Millicom International Cellular Investors
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|
Millicom International Cellular Investments & Acquisitions (33)
Millicom International Cellular’s most recent deal was a Corporate Asset Purchase with Millicom International Cellular (2.6 GHz Spectrum In Guatemala) for . The deal was made on 30-Jun-2022.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Millicom International Cellular (2.6 GHz Spectrum In Guatemala) | 30-Jun-2022 | Corporate Asset Purchase | Buildings and Property | ||
Tigo Guatemala | 12-Nov-2021 | Corporate | Telecommunications Service Providers | ||
Telefónica (Two Central American Subsidiaries) | 29-Aug-2019 | Merger/Acquisition | Telecommunications Service Providers | ||
Cable Onda | 13-Dec-2018 | Merger/Acquisition | Telecommunications Service Providers | ||
Cable DX | 23-Jul-2018 | Merger/Acquisition | Telecommunications Service Providers |
Millicom International Cellular ESG
Risk Overview
Risk Rating
Updated December, 18, 2024
20.98 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,120
Rank
Percentile

Telecommunication Services
Industry
of 211
Rank
Percentile

Telecommunication Services
Subindustry
of 211
Rank
Percentile

Millicom International Cellular Exits (12)
Millicom International Cellular’s most recent exit was on 13-Oct-2017 from AT Ghana. The exit was categorized as with 3 buyers.
Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
---|---|---|---|---|---|
AT Ghana | 13-Oct-2017 | Completed |
|
||
Milvik Singapore | 10-Apr-2017 | Completed |
|
||
Zantel | 26-Oct-2015 | Completed |
|
||
Jeeny | 27-Jul-2014 | Completed |
|
||
Milvik Singapore | 02-Apr-2014 | Early Stage VC | Completed |
|
Affiliates
Subsidiaries (5)
Name | Industry | Location | Year Founded |
---|---|---|---|
Tigo Columbia | Medellín, Colombia | 2002 | |
Tigo Costa Rica | Santa Ana, Costa Rica | 1997 | |
Tigo | Asuncion, Paraguay | 1992 | |
Tigo Guatemala | Guatemala City, Guatemala | 1989 | |
Millicom International Cellular (7,000 Communication Sites in Central America) |
Millicom International Cellular FAQs
-
When was Millicom International Cellular founded?
Millicom International Cellular was founded in 1990.
-
Where is Millicom International Cellular headquartered?
Millicom International Cellular is headquartered in Luxembourg, Luxembourg.
-
What is the size of Millicom International Cellular?
Millicom International Cellular has 15,000 total employees.
-
What industry is Millicom International Cellular in?
Millicom International Cellular’s primary industry is Internet Service Providers.
-
Is Millicom International Cellular a private or public company?
Millicom International Cellular is a Public company.
-
What is Millicom International Cellular’s stock symbol?
The ticker symbol for Millicom International Cellular is TIGO.
-
What is the current stock price of Millicom International Cellular?
As of 12-Feb-2025 the stock price of Millicom International Cellular is $27.14.
-
What is the current market cap of Millicom International Cellular?
The current market capitalization of Millicom International Cellular is $4.6B.
-
What is Millicom International Cellular’s current revenue?
The trailing twelve month revenue for Millicom International Cellular is $5.85B.
-
Who are Millicom International Cellular’s competitors?
América Móvil, Telefónica del Perú, Telecom Argentina, Telefónica, and Telefonica Brasil are some of the 73 competitors of Millicom International Cellular.
-
What is Millicom International Cellular’s annual earnings per share (EPS)?
Millicom International Cellular’s EPS for 12 months was $0.92.
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