MILLICOM INTERNATIONAL CELLULAR SA executive Guillaume Duhaze, Chief Technology and Information Officer, has filed an initial Form 3 as an officer of the company. This filing establishes his status as an insider for regulatory reporting purposes, and the provided data does not show any reportable transactions.
MILLICOM INTERNATIONAL CELLULAR SA director Justine Dimovic has filed a Form 3 showing direct ownership of 7,426 Common Shares. This filing is an initial statement of beneficial ownership and does not indicate any new purchase or sale, only Dimovic’s current direct share position.
Millicom International Cellular SA director Bruce Churchill filed an initial Form 3 showing his beneficial ownership in the company. The filing reports that he directly holds 25,593 common shares of Millicom. This is a baseline disclosure of his stake and does not reflect any recent share purchases or sales.
MILLICOM INTERNATIONAL CELLULAR SA director Jules Niel has filed an initial Form 3 ownership report. The filing lists him as a director of the company. In the data provided, there are no reported buy or sell transactions and no derivative positions shown for this reporting person.
Atlas Investissement SAS and related parties report a 44.1% beneficial stake in Millicom International Cellular S.A. (TIGO). The group reports beneficial ownership of 73,820,018 Common Shares, based on 167,540,829 shares outstanding as of February 28, 2026.
This total includes 70,470,018 Common Shares already beneficially owned and up to 3,350,000 additional shares Atlas Investissement expects to purchase under equity derivative transaction agreements. On March 11, 2026, Atlas Investissement entered an equity derivative transaction with an unaffiliated bank that is designed to be physically settled, with the bank delivering Common Shares at settlement dates in exchange for cash paid by Atlas Investissement.
Until settlement and delivery, Atlas Investissement has no voting, investment or dispositive control over the shares held by the bank for hedging, and the bank will not consult Atlas Investissement on voting those shares. Cash dividends on undelivered shares during the term of the transaction trigger payments from the bank to Atlas Investissement under the agreement’s terms.
MLCMF: Registered sale of 725 shares of Common Stock under a registered plan.
The filing lists a planned disposition of 725 restricted shares vested for services rendered on 01/01/2025 to be sold through Morgan Stanley Smith Barney LLC. The filing also reports recent sales by Marcelo Daniel Benitez of 11,500 shares on 02/27/2026 for $838,667.40 and 1,860 shares on 12/29/2025 for $102,281.40.
TIGO files a notice to sell 11,500 common shares related to restricted stock vesting under a registered plan, with an apparent filing date of 02/27/2026.
The entry lists two vesting events of 7,267 shares (01/01/2026) and 4,233 shares (01/01/2025). The excerpt also shows a sale of 1,860 common shares on 12/29/2025 for $102,281.40.
Millicom International Cellular S.A. reports a very strong Q4 and full-year 2025, highlighted by record profitability and cash generation. Full-year revenue was $5.8 billion, essentially flat year-on-year, but operating profit rose to $1.6 billion and net profit attributable to owners surged to $1.3 billion, mainly helped by a $741 million gain on the $975 million Lati tower portfolio sale.
Service revenue grew organically 2.8% in 2025 and 5.2% in Q4, while Adjusted EBITDA increased 11.4% to $2.75 billion, lifting operating cash flow to $2.03 billion and equity free cash flow to $916 million. The balance sheet expanded as total assets reached $17.3 billion and debt and financing rose to $6.9 billion, though management states leverage remained below 2.5x.
Millicom also executed several strategic moves, including acquisitions in Uruguay and Ecuador, and later agreed to acquire remaining shares in Tigo Colombia and Telefónica’s controlling stake in Coltel, plus a joint deal for Telefónica’s Chile operations. The company adopted amended IAS 21, recording a $188 million negative equity adjustment, and entered 2026 targeting at least $900 million of equity free cash flow and year-end leverage around 2.5x.
Atlas Investissement SAS and related parties report beneficial ownership of 70,470,018 common shares, or 42.2%, of Millicom International Cellular S.A. This percentage is based on 167,092,668 shares outstanding as of October 31, 2025. The amendment also discloses a Call Option Agreement among NJJ Cactus SAS, Millicom Spain, S.L. and Celtel Chile, S.L. tied to the acquisition of Telefonica Moviles Chile S.A. Millicom Spain receives a call option exercisable during two 30-day periods after the fifth and sixth anniversaries of the Target’s purchase, with the price payable in cash and newly issued Millicom shares determined by a volume-weighted average price.