Market Capitalization (Millions $) |
4,688 |
Shares
Outstanding (Millions) |
171 |
Employees |
23,894 |
Revenues (TTM) (Millions $) |
5,661 |
Net Income (TTM) (Millions $) |
-245 |
Cash Flow (TTM) (Millions $) |
1,039 |
Capital Exp. (TTM) (Millions $) |
814 |
Millicom International Cellular Sa
Millicom International Cellular SA, also known as Tigo, is a multinational telecommunications and media company based in Luxembourg. The company operates in 9 countries across Latin America and Africa, with a focus on providing mobile services, cable TV, internet and digital services to customers.
Millicom was founded in 1990 by Jan Stenbeck, a Swedish businessman, as a mobile phone service provider in the Central and South American region. The company quickly expanded its operations in the region and established itself as a key player in the telecommunications industry.
Today, Millicom is one of the leading telecommunications providers in the Latin American and African markets. The company has a customer base of over 50 million people, supported by approximately 19,000 employees.
Millicom's services are provided through its various subsidiaries, including Tigo in Latin America, and Tigo Africa in Africa. Tigo offers a range of mobile phone services, including voice and data services, as well as mobile money services. The company also provides cable TV and internet services to customers in select markets.
In addition to its telecommunications services, Millicom has been expanding its offerings in the digital media and entertainment sectors. The company has launched a number of digital services, including music streaming, gaming, and other entertainment services, which are available to customers in select markets.
Millicom is committed to sustainable business practices and has implemented a number of initiatives to reduce its environmental footprint. The company has also established a number of programs to support the communities in which it operates, including education and health initiatives.
Overall, Millicom is a dynamic and fast-growing telecommunications company that is well-positioned to capitalize on the growing demand for digital services in emerging markets.
Company Address: 2, Rue du Fort Bourbon Luxembourg -1249
Company Phone Number: 691 750960 / +1 908 463 8588 Stock Exchange / Ticker: NASDAQ TIGO
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