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FOX Latin America and Tigo Sports partner to expand sports content offering in Central America  

(Moderate)
(Very Positive)
Tags

Tigo Central America (TIGO) and FOX Latin America agreed that FOX will acquire Tigo Sports’ local programming, rights, production capabilities, and on-air talent across six Central American countries.

The deal expands Tigo’s sports offering with international leagues, >800 live events annually, full FIFA World Cup 2026™ access, and four new FOX channels launching in May.

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Positive

  • FOX acquisition of Tigo Sports’ local programming across six Central American countries
  • Full FIFA World Cup 2026™ access for Tigo Central America customers
  • More than 800 live sporting events annually across multiple disciplines
  • Four new FOX channels launching in the region in May
  • Expanded international rights including Premier League, UEFA Europa League, Bundesliga (2026–27), Saudi Pro League, and Liga MX

Negative

  • None.

News Market Reaction – TIGO

+0.10%
+0.10% Session close to close

In the Apr 13 session, TIGO gained 0.10%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights deeper sports content in Central America, including full FIFA World Cup...
Analysis

This announcement highlights deeper sports content in Central America, including full FIFA World Cup 2026 access, more than 800 live events annually, and four new FOX channels. It complements Millicom’s record FY 2025 performance, with revenue of $5.8B, net profit of $1.3B, and EFCF of $916M. Investors may monitor how this content partnership supports subscriber growth and margins alongside recent debt issuance and significant shareholdings disclosed in Schedule 13D/A filings.

Key Figures

World Cup year: 2026 Bundesliga season: 2026–27 season Annual live events: more than 800 +2 more
5 metrics
World Cup year 2026 Full coverage of FIFA World Cup 2026 through Tigo Sports
Bundesliga season 2026–27 season Bundesliga rights start in the 2026–27 season
Annual live events more than 800 Live sporting events annually across multiple disciplines
New channels 4 channels FOX to launch four new sports channels in Central America in May
Covered countries 6 countries Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, Panama

Historical Context

5 past events · Latest: Apr 01 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Apr 01 Debt offering Positive +3.6% Reopening of $75M 7.375% Senior Notes due 2032 for corporate uses.
Mar 25 AGM notice Neutral -4.7% AGM call including dividend proposal and share repurchase plan.
Mar 24 Annual report Positive +2.5% Record 2025 results and regional expansion across Latin America.
Feb 26 Q4 earnings Positive +6.0% Strong Q4 and FY 2025 revenue, EBITDA and equity free cash flow.
Feb 13 Earnings notice Neutral -0.0% Scheduling and access details for upcoming Q4 2025 results call.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent fundamental and financing news has generally seen positive price reactions, especially around strong earnings and capital markets activity, though the AGM notice drew a notable pullback.

Recent Company History

Over the last few months, Millicom (TIGO) reported strong FY 2025 results with revenue of $5.8B, net profit of $1.3B, and EFCF of $916M, plus Q4 revenue of $1.65B and operating profit of $1.64B. These earnings releases on Feb 26, 2026 and the annual report on Mar 24, 2026 were followed by gains of 5.97% and 2.5%. A $75M notes reopening on Apr 1, 2026 also coincided with a 3.58% rise, while the AGM convening notice on Mar 25, 2026 saw a -4.68% move.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FOX Latin America and Tigo Sports partner to expand sports content offering in Central America

Following FOX Latin America’s acquisition of Tigo Sports’ local programming and production in Central America, Tigo enhances its sports offering with more international leagues, more live events, and full coverage of the FIFA World Cup 2026™.

Luxembourg, April 13, 2026 – Tigo Central America and FOX Latin America today announced an agreement under which FOX will acquire Tigo Sports’ local sports content, a robust portfolio of local rights, production capabilities, and on-air talent across Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, and Panama.

As a result of this transaction, Tigo Central America customers will benefit from an enhanced sports offering that combines strong local content with a premium international portfolio, including some of the world’s most prominent leagues such as the Premier League, UEFA Europa League, Bundesliga (starting in the 2026–27 season), Saudi Pro League, and Liga MX, as well as more than 800 live sporting events annually across disciplines including baseball, motorsports, and mixed martial arts.

“Sports are a core part of our value proposition for customers in Central America, and we are committed to continuously enhancing that experience,” said Luciano Marino, VP of B2C at Millicom. “This step allows us to deliver a broader and more compelling sports offering, including full access to the FIFA World Cup 2026™ through Tigo Sports.”

In addition, FOX will launch four new channels in the region in May, further strengthening access to high-quality sports content for audiences across Central America.

With this move, Tigo Central America reaffirms its commitment to delivering more content, more live events, and a superior sports experience, bringing world-class sports closer to millions of households across the region.

-END-

For more information, please contact :

Press:
Sofía Corral, Director Corporate Communications
press@millicom.com
Investors:
Luca Pfeifer, VP of Investor Relations
investors@millicom.com 

 

About Millicom

Millicom (NASDAQ: TIGO) is a leading provider of fixed and mobile telecommunications services in Latin America. Through its TIGO® and Tigo Business® brands, the company provides a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, highspeed data, voice, and business-to-business solutions such as cloud and security. As of December 31, 2025, Millicom, including its Honduras Joint Venture, employed approximately 15,000 people and provided mobile and fiber-cable services through its digital highways to more than 52 million customers, with a fiber-cable footprint over 14 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg with principal executive offices in Doral, Florida.


FAQ

What did TIGO announce about the FOX Latin America deal on April 13, 2026?

Tigo announced FOX will acquire its local sports programming and production across six Central American countries. According to the company, the agreement transfers local rights, production capabilities, and on-air talent to FOX while keeping enhanced access for Tigo customers.

How will the FOX acquisition affect TIGO customers' access to FIFA World Cup 2026™?

Tigo customers will retain full access to the FIFA World Cup 2026™ through the enhanced offering. According to the company, the combined local and international portfolio ensures World Cup coverage as part of the expanded sports lineup.

Which international leagues will be available to TIGO subscribers after the FOX partnership?

Subscribers gain access to major international leagues including the Premier League, UEFA Europa League, Bundesliga (from 2026–27), Saudi Pro League, and Liga MX. According to the company, these rights boost the premium international portfolio.

When will the four new FOX channels launch for TIGO viewers in Central America?

FOX will launch four new channels in the region in May 2026. According to the company, the channel additions are intended to broaden high-quality sports access across Central America for Tigo Central America customers.

How many live sporting events will TIGO viewers have access to after the deal?

Tigo customers will have access to more than 800 live sporting events annually across multiple sports. According to the company, the expanded schedule includes baseball, motorsports, mixed martial arts, and other disciplines.

Which Central American countries are covered by TIGO's agreement with FOX Latin America?

The agreement covers Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, and Panama. According to the company, FOX acquires local rights and production assets across these six Central American markets.