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.
ATIS Group has signed a definitive agreement to acquire Lati Paraguay, a subsidiary of Millicom (NASDAQ: TIGO), which owns approximately 300 wireless communications towers in Paraguay. The deal includes a long-term leaseback arrangement with Tigo Paraguay for continued mobile network operations. Since Towerco Investments LLC's majority acquisition in 2022, ATIS has expanded from 185 sites in Argentina to over 1,000 sites across Argentina, Uruguay, and now Paraguay.
This strategic acquisition strengthens ATIS's position as the region's leading independent tower company and demonstrates its commitment to developing mission-critical assets in the Southern Cone region of Latin America. The transaction, signed on April 26, 2025, is expected to close in the near term.
Millicom (Tigo) has scheduled the release of its first quarter 2025 financial results for May 8, 2025. The company will host a video conference for the global financial community on the same day at:
- 14:00 Luxembourg time
- 13:00 London time
- 08:00 Miami time
Participants must pre-register for the interactive event through a provided link. A listen-only option is available via dial-in numbers for US, Sweden, UK, and Luxembourg participants. Presentation slides and event replay will be accessible on Millicom's investor website. For additional information, investors can contact Michel Morin (VP Investor Relations), while media inquiries should be directed to Sofia Corral (Director Corporate Communications).
Millicom (Tigo) has received confirmation from SEB regarding the completion of share sales following its Swedish Depositary Receipts (SDRs) delisting from Nasdaq Stockholm on March 17, 2025. SEB, acting as the SDR program custodian bank, has successfully sold approximately 5,110,103 shares that remained unclaimed by SDR holders after the delisting process.
The company's common shares are now exclusively listed on the Nasdaq Stock Market in the United States. Former SDR holders are expected to receive their pro-rata distribution of the net proceeds from these sales in early May.
Millicom International Cellular (TIGO) has announced its Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) to be held on May 21, 2025, in Luxembourg. The company plans to distribute a significant dividend of USD 3 per share to be paid in four equal installments between July 2025 and April 2026.
Key financial highlights include a profit of USD 75.9 million for fiscal year 2024 and unappropriated net profits carried forward of USD 2.3 billion. The company has already distributed interim dividends totaling approximately USD 297 million.
The meetings will address various agenda items including board member elections, with proposals to set the number of Directors at 8 and elect Maxime Lombardini as Chair. Shareholders will also vote on amendments to the company's articles of association and a Share Repurchase Plan.
Millicom (Tigo) has released its 2024 Annual Report, highlighting a transformative year in Latin America's telecommunications industry. The report includes Millicom International Cellular S.A.'s standalone financial statements for 2024.
CEO Marcelo Benitez and Chairman Maxime Lombardini emphasized Tigo's strategic position with its comprehensive infrastructure including fixed and mobile networks, digital platforms, and diverse content offerings spanning cable, entertainment, and cloud solutions. The company has evolved to become more focused and agile, maintaining consistent financial performance while expanding digital access across Latin America.
Millicom (Tigo) has completed its delisting from Nasdaq Stockholm, with the final trading day occurring on March 17, 2025. As of March 24, 2025, SEB, the custodian bank for Swedish Depositary Receipts (SDRs), reported that holders of SDRs representing approximately 5,110,103 underlying common shares had not completed the necessary steps to withdraw their shares.
In accordance with SDR terms and conditions, SEB will initiate the sale of these common shares on behalf of the holders who have not withdrawn their shares. The company has made detailed information about the delisting process available through previous press releases and on their website's dedicated 'Nasdaq Stockholm Delisting & Interim Dividend' section.
Millicom (Tigo) announced that Atlas S.A.S., a closely associated person with board member Jules Niel, acquired 344,797 Swedish Depository Receipts (SDRs) on March 17, 2025. The transaction was executed on Nasdaq Stockholm at an average price of SEK 299.77 per SDR.
The acquisition was conducted through an investment bank mandate to ensure compliance with insider trading regulations, with investment decisions made without access to material non-public information. While Jules Niel holds no direct shares in Millicom, he is part of the Niel family group that beneficially owns Atlas.
Millicom (TIGO) has announced changes to its Board of Directors ahead of the Annual General Meeting scheduled for May 21, 2025. The Nomination Committee has proposed the election of Pierre-Alain Allemand as a new board member, highlighting his extensive technical experience in telecommunications and emerging markets.
The committee also proposed the re-election of seven current board members: Maxime Lombardini, Jules Niel, Pierre-Emmanuel Durand, María Teresa Arnal, Bruce Churchill, Blanca Treviño de Vega, and Justine Dimovic. Additionally, Maxime Lombardini has been nominated to serve as Chair of the Board.
Current board member Tomas Eliasson has decided not to seek re-election. The Nomination Committee comprises Jules Niel (Chair, appointed by Atlas), Jan Dworsky (Swedbank Robur Funds), Gerardo Zamorano (Brandes Investment Partners), and Maxime Lombardini.
Millicom (Tigo) has announced that Atlas S.A.S., a company closely associated with board member Jules Niel, acquired Millicom Swedish Depository Receipts (SDRs) on March 14, 2025, through transactions on Nasdaq Stockholm.
The acquisition was executed through an investment bank mandate to ensure individuals making investment decisions had no access to material non-public information. While Jules Niel holds no direct shares in Millicom, he is part of the Niel family group that beneficially owns Atlas. The transaction details are available on Millicom's website in the personal trading section.