Millicom Intl Cellular S A Stock Price, News & Analysis

Millicom (TIGO) completed the acquisition of Telefónica Ecuador for USD 380 million on October 30, 2025, expanding Millicom’s South American footprint.

The deal brings Millicom’s operations to 11 countries and adds a dollarized, stable market with ~18.1 million people and favorable demographics. Ecuador’s 2025–2026 outlook cites IMF projections of ~1.7% GDP growth (2025) and low inflation (~1.3%), with telecom market growth of +1.4% mobile and +3.6% fixed broadband.

Millicom (NASDAQ: TIGO) expects to announce its third quarter 2025 results on November 6, 2025 via press release and will host a live video conference for the global financial community the same day.

The conference is scheduled for 08:00 New York / 13:00 London. Registration is required; registrants receive a confirmation email with joining details. Live Q&A requires notifying Investor Relations by email after the event starts; a listen-only dial-in option and international numbers are provided. Slides and a replay will be available on the Millicom investors website.

Millicom (TIGO) completed the acquisition of 100% of Telefónica Móviles del Uruguay S.A. (Movistar) on October 7, 2025 for an enterprise value of USD 440 million, following final approval from the Government of Uruguay.

The transaction gives Millicom an entry into Uruguay, expands its South America footprint, and is expected to create synergies across networks, operations, and commercial services. Integration is projected to deliver positive contributions to free cash flow beginning in 2026. The company said it will invest in infrastructure, innovation, and digital inclusion while complementing its regional coverage.

Millicom's (NASDAQ:TIGO) subsidiary Telefónica Celular del Paraguay S.A.E (Telecel Paraguay) has announced plans to partially redeem its 5.875% Senior Unsecured Notes due 2027. The company will redeem $150 million of the notes on September 15, 2024.

The redemption price will be set at 100% of the principal amount, plus accrued and unpaid interest and any Additional Amounts up to the redemption date. The formal notice of redemption will be distributed to noteholders according to the indenture requirements.

["Early debt management initiative showing proactive financial planning", "Full principal value redemption (100%) demonstrates financial stability"]

Millicom (NASDAQ:TIGO) has announced a strategic agreement with Empresas Públicas de Medellín (EPM) to advance its merger plans in Colombia between Tigo-UNE and Colombia Telecomunicaciones (ColTel). Under the agreement, Millicom commits to present an offer in EPM's Law 226 sale process at a minimum price of COP$418,741 per share of Tigo-UNE, totaling approximately USD $520 million.

The deal includes legal protections and extends EPM's exit rights if the sale process fails due to external factors. Notably, EPM has agreed to consent to the future Tigo-UNE and ColTel merger if they remain a shareholder after an unsuccessful sale process. As part of the transaction, Millicom will re-include Tigo-UNE in its Restricted Group, demonstrating its strategic commitment to the Colombian market.

Millicom (NASDAQ:TIGO) reported strong Q2 2025 results with revenue of $1.37 billion and record Adjusted EBITDA of $641 million. The company achieved a significant net profit of $676 million, largely driven by approximately $590 million from infrastructure transactions.

Key highlights include $218 million in equity free cash flow and leverage reduction to 2.18x, supported by $542 million in infrastructure transaction proceeds. The company announced strategic expansion through the acquisition of Telefónica's operations in Uruguay and Ecuador, and approved a special interim dividend of $2.50 per share.

Millicom maintains its 2025 targets of $750 million in equity free cash flow and year-end leverage below 2.5x, reflecting efficiency savings and lower restructuring costs, while accounting for weaker projected forex rates.

Millicom (NASDAQ:TIGO) has announced an interim dividend of $2.50 per share, to be distributed in two equal installments of $1.25 each. The first payment is scheduled for October 15, 2025, with a record date of October 8, 2025, while the second payment will be made on April 15, 2026, with a record date of April 8, 2026.

The dividend payments will be made in U.S. dollars and will be subject to a 15% Luxembourg withholding tax. Shareholders may be eligible for reduced withholding tax rates under certain conditions and are advised to consult their tax advisors regarding potential tax implications.

Millicom (NASDAQ:TIGO) has announced it will release its second quarter 2025 financial results on August 7, 2025. The company will host a video conference for the global financial community on the same day at 14:00 Stockholm time (13:00 London / 08:00 Miami).

Participants must pre-register for the interactive event, and those wishing to ask questions during the live session need to notify the Investor Relations team via email. A listen-only option is available through various international dial-in numbers. Presentation slides and a replay will be made available on Millicom's investor website.

Millicom (Tigo) has signed a definitive agreement to acquire Telefónica's operations in Ecuador for USD 380 million, strengthening its South American presence. The acquisition provides entry into Ecuador's growing telecom market, characterized by a stable, dollarized economy with favorable macroeconomics. Ecuador, with a population of 18.5 million and improving fiscal metrics (deficit reduced from 3.5% to 1.4% of GDP), presents strong growth potential in both mobile (+1.4%) and fixed broadband (+3.6%) services. Telefónica Ecuador currently holds the second position in the mobile market. The deal aligns with Millicom's strategic expansion in Latin America and Telefónica's portfolio restructuring goals. The transaction remains subject to regulatory approvals and closing conditions.