Millicom International Cellular Overview

  • Year Founded
  • 1990

Year Founded

  • Status
  • Public

  • Employees
  • 15,000

Employees

  • Stock Symbol
  • TIGO

Stock Symbol

  • 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

Ownership Status
Publicly Held
Financing Status
Corporation
Corporate Office
  • 2 Rue Du Fort Bourbon
  • Luxembourg, 1249
  • Luxembourg
+352 27
Primary Industry
Internet Service Providers
Other Industries
Telecommunications Service Providers
Stock Exchange
NAS
Vertical(s)
TMT
Corporate Office
  • 2 Rue Du Fort Bourbon
  • Luxembourg, 1249
  • Luxembourg
+352 27

Millicom International Cellular Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Millicom International Cellular Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Millicom International Cellular Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Millicom offers wireless and fixed-line telecom services primarily in smaller, less developed countries in Latin America
Internet Service Providers
Luxembourg, Luxembourg
15,000 As of 2024

Mexico City, Mexico
 

Surquillo, Peru
 
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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
You’re viewing 5 of 73 competitors. Get the full list »

Millicom International Cellular Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Millicom International Cellular Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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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
You’re viewing 5 of 33 investments and acquisitions. Get the full list »

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

To view Millicom International Cellular’s complete esg history, request access »

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
  • 3 buyers
Milvik Singapore 10-Apr-2017 Completed
  • 5 buyers
Zantel 26-Oct-2015 Completed
Jeeny 27-Jul-2014 Completed
  • 5 buyers
Milvik Singapore 02-Apr-2014 Early Stage VC Completed
  • 3 buyers
You’re viewing 5 of 12 exits. Get the full list »

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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