Comparing the current results to its competitors, Millicom International Cellular Sa reported Revenue increase in the 4 quarter 2025 by 0.26 % year on year. The revenue growth was below Millicom International Cellular Sa's competitors' average revenue growth of 19.82 %, achieved in the same quarter.
Millicom International Cellular Sa Net Income in the 4 quarter 2025 grew year on year by 408.21%, faster than the Millicom International Cellular Sa's competitors average income growth of 276.66 %
Millicom International Cellular Sa's Comment on Competition and Industry Peers
The company operates in highly competitive telecommunications markets, facing significant competition from larger providers such as América Móvil, Telefónica, and Liberty Latin America. These competitors often have greater resources, including better access to capital, more spectrum, and broader coverage areas. Some competitors are state-owned entities that may prioritize social objectives over profitability and encounter fewer regulatory constraints. The company encounters a particularly challenging competitive environment in Colombia, its largest market, where it has entered into agreements to acquire significant stakes in Telefónica Colombia (Telecomunicaciones S.A. ESP BIC, "Coltel") and UNE EPM Telecommunicaciones S.A.
With modest revenue growth of 0.26 % within Overall company, Millicom International Cellular Sa failed to increase sales with the same pace, like most of company's peers within this division. << More on TIGO Market Share.
*Market share is calculated based on total revenue.
News about Millicom International Cellular Sa Contracts
May 9, 2025
In a strategic move that signals its growing presence in the telecommunications infrastructure sector, ATIS Group, a leading provider of digital infrastructure in Latin America, has announced the acquisition of Lati Paraguay from Millicom International Cellular (NASDAQ: TIGO). This latest acquisition, finalized on April 26, 2025, is a significant development in ATIS’s expansion strategy across the Southern Cone, as it reinforces its stature as a dominant player in the wireless communication tower market.Lati Paraguay, a Millicom subsidiary, owns approximately 300 wireless communication towers spread across Paraguay. This acquisition marks a key addition to ATIS s portfolio and is expected to bolster the gr...
August 1, 2024
In a significant move aimed at expanding their operations in the Latin American market, Liberty Latin America and Millicom International Cellular S.A. (Tigo) have announced an agreement to merge their operations in Costa Rica. This deal is widely expected to drive more competitive services and improved customer experiences in the region. The combined entity will leverage the strengths of both companies to deliver enhanced telecommunications solutions, including advanced mobile, broadband, and cable TV services. Strategic Merger to Enhance Market PositionThe agreement to combine operations in Costa Rica is a strategic effort to bolster both companies market presence and operational efficiencies. By merging t...
July 31, 2024
In a bold strategic move, Millicom International Cellular S.A., commonly known as Tigo, announced potential acquisitions in Colombia that reflect its commitment to strengthening its foothold in the region. This announcement comes at a time when the company is under scrutiny due to an anticipated takeover offer from Atlas. The independent committee of Millicom s board has raised concerns over the proposed price of $24 per share, arguing that this valuation falls significantly short of what the company is worth, especially considering its promising financial performance.During the recent Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) held by Millicom, stakeholders were presented with the ...
Publicly Traded Peers of Millicom International Cellular Sa
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Vodafone Group Public Limited Company
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Vodafone Group Public Ltd Co operates as a telecommunications company, providing a range of services like voice, data, and messaging to both individuals and businesses. Their business model focuses on leveraging their vast network infrastructure and digital technologies to deliver reliable and innovative communication solutions to customers worldwide. They generate revenue through various channels, including service subscriptions, data usage, roaming charges, and sales of devices and accessories.
Sources:
Millicom International Cellular Sa’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
Focus of this report: publicly traded companies.
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