Welcome to our dedicated page for Millicom Intl Cellular S A news (Ticker: TIGO), a resource for investors and traders seeking the latest updates and insights on Millicom Intl Cellular S A stock.
Millicom International Cellular S.A. (NASDAQ: TIGO) is a telecommunications company focused on fixed and mobile services in Latin America. Through its TIGO and Tigo Business brands, Millicom provides mobile telephony, broadband over fiber-cable networks, pay TV, high-speed data, voice, and digital services such as TIGO Money, TIGO Sports, and TIGO ONEtv, as well as cloud and security solutions for business customers. News about TIGO often reflects its role as a regional telecom group and its activities across multiple Latin American markets.
The TIGO news feed highlights earnings releases, financial targets, and capital allocation decisions, including interim and special dividends and share repurchase activity described in its filings. Investors can follow quarterly results, interim condensed consolidated financial statements, and management commentary on revenue, operating profit, net profit attributable to company owners, and equity free cash flow.
Millicom’s news also covers strategic transactions and regional expansion. Recent disclosures include the completion of acquisitions of Telefónica’s operations in Uruguay and Ecuador, which the company presents as steps to deepen its presence in South America and expand its footprint to eleven countries. Other items include agreements in Colombia related to integration plans and network and infrastructure transactions.
Regulatory and compliance developments form another important category of TIGO news. The company has reported on the resolution of a U.S. Department of Justice investigation involving its subsidiary Comunicaciones Celulares S.A. (Comcel) and has detailed its cooperation, remediation efforts, and compliance program enhancements. Together, these updates provide context on Millicom’s operational performance, strategic direction, and governance. Users interested in TIGO can use this page to review historical and ongoing announcements that shape the company’s profile in the Latin American telecommunications sector.
Millicom (NYSE:TIGO) has concluded a tender offer to acquire Telefónica’s controlling 67.5% stake in Colombia Telecomunicaciones S.A. E.S.P. (Coltel) for USD 214.4 million. Closing is expected on February 6, 2026, and Millicom awaits Phase 2 of the privatization around April 2026 to pursue remaining shares.
The company says the acquisition will create a larger, financially solid operator to accelerate nationwide fiber and 5G rollout, expand digital services, and support competition and digital inclusion in Colombia.
Millicom (Tigo) announced on January 27, 2026 that it won 100% of Empresas Públicas de Medellín’s remaining shares in UNE (Tigo Colombia) via a public auction.
The bid price was COP 418,741 per share, totaling approximately COP 2.1 trillion (about USD 571 million). The transaction is expected to close on January 29, 2026, after which Millicom’s ownership in UNE will consolidate to nearly 100% and the company says the simplified ownership structure will help streamline operations and accelerate strategic integration in Colombia.
Millicom (TIGO) announced that its subsidiary Comunicaciones Celulares S.A. (Comcel) reached a deferred prosecution agreement with the U.S. Department of Justice to resolve an investigation into historical improper payments to Guatemalan officials.
Key terms: $60 million fine, $58.2 million forfeiture, a two-year DPA (shorter than the standard three years), no corporate monitor, and required reporting to DOJ on Millicom's compliance program. Millicom cites a 2015 voluntary self-disclosure, full cooperation, remediation actions, and its November 2021 acquisition of Comcel when it gained operational control.
Millicom (TIGO) reported Q3 2025 results on November 6, 2025: revenue $1.42B, operating profit $390M, and a record Adjusted EBITDA $695M. Net profit attributable to owners was $195M, which includes approximately $138M from closure of infrastructure transactions. Equity free cash flow for the quarter was $243M. Leverage stood at 2.09x, aided by one-time cash proceeds of $537M from infrastructure transactions. Management reiterated 2025 targets of ~$750M EFCF and year-end leverage below 2.5x, excluding proceeds from inorganic asset sales.
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.
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