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Millicom International Cellular Sa  (NASDAQ: TIGO)
Other Ticker:  
 
    Sector  Services    Industry Communications Services
   Industry Communications Services
   Sector  Services
 
Price: $27.4400 $-0.23 -0.831%
Day's High: $27.69 Week Perf: 1.59 %
Day's Low: $ 27.41 30 Day Perf: 12.23 %
Volume (M): 242 52 Wk High: $ 28.75
Volume (M$): $ 6,640 52 Wk Avg: $23.62
Open: $27.50 52 Wk Low: $15.55



 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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Shares

Millicom Strengthens Shareholder Value with Strategic Buyback of SDRs,

Published Mon, Jan 6 2025 2:30 PM UTC

Millicom Accelerates Share Repurchase Strategy with Significant Buyback of Swedish Depository ReceiptsIn a decisive move aimed at enhancing shareholder value, Millicom, a leading provider of cable and mobile services operating primarily under the Tigo brand, has actively pursued its share repurchase program, initially announced on November 29, 2024. Between December 30, 2024...

Shares

Millicom (Tigo) Provides Update on Share Repurchase and Major Holdings Notification

Published Tue, Dec 17 2024 3:53 PM UTC

In a significant development for investors and stakeholders, Millicom International Cellular S.A., operating under the brand Tigo, has issued a detailed update regarding its ongoing share repurchase activities. The announcement, coupled with the filing of standard forms for the notification of major holdings, underscores the company?s commitment to maintaining transparency w...

Announcement

In a strategic move anticipated to recalibrate its financial trajectory, Millicom International Cellular S....

Published Fri, Nov 29 2024 1:54 PM UTC

Millicom (Tigo) Sets Sights on NASDAQ U.S. Listing Amid Shareholder Strategy Shift and Acquisition Offers Debate In a strategic move anticipated to recalibrate its financial trajectory, Millicom International Cellular S.A., commonly known as Tigo, has announced intentions to delist its Swedish Depositary Receipts (SDRs) from the Nasdaq Stockholm and consolidate its share lis...

Stock Market Announcement

Millicom Files Notification of Major Holdings Amid Boardroom Changes and Financial Struggles,

Published Tue, Oct 15 2024 5:30 PM UTC

In a significant move that underscores the dynamic landscape of corporate governance in the telecommunications sector, Millicom, the parent company of Tigo, has filed a standard form for the notification of major holdings. This decision, officially announced on September 19, 2024, follows an extensive period of financial challenges and a consequential boardroom shake-up that...

Announcement

A Turbulent Transition Navigating Millicoms Boardroom Shake-Up amid Financial Woes,

Published Thu, Sep 19 2024 8:15 PM UTC

In the ever-evolving theatre of international enterprise, wherein fortunes are forged and façades are oft-times deceptive, a momentous shift has transpired within the esteemed confines of Millicom International Cellular Sa. It is with no small amount of intrigue that we observe the departure of Executive Chair, Mr. Mauricio Ramos, who has, with considerable candour, stepped ...










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