Welcome to our dedicated page for Millicom Intl Cellular S A SEC filings (Ticker: TIGO), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Millicom International Cellular S.A. (NASDAQ: TIGO) SEC filings page on Stock Titan provides access to the company’s U.S. regulatory disclosures as a foreign private issuer. Millicom files annual reports on Form 20-F and current reports on Form 6-K, which include press releases, interim management reports, and unaudited interim condensed consolidated financial statements. These documents give detailed insight into its fixed and mobile telecommunications operations in Latin America, including revenue, operating profit, net profit attributable to owners of the company, cash flows, and balance sheet structure.
Key filing types for TIGO include Form 6-K submissions of quarterly and half-year financial statements, earnings releases, and transaction-related announcements. For example, Millicom has furnished 6-Ks describing its Q2 and Q3 2025 results, outlining revenue, adjusted EBITDA, equity free cash flow, leverage, and shareholder remuneration decisions such as interim and special dividends. Other 6-Ks detail acquisitions of Telefónica’s operations in Uruguay and Ecuador, as well as capital markets actions by subsidiaries like Telefónica Celular del Paraguay S.A.E. regarding senior notes.
Millicom’s filings also discuss risk factors, financial risk management, and outlook, including comments on foreign exchange impacts, macroeconomic conditions in its markets, and strategic initiatives such as infrastructure transactions and network sharing arrangements. Compliance and legal matters are another focus: a 6-K includes the press release on the deferred prosecution agreement between its subsidiary Comunicaciones Celulares S.A. (Comcel) and the U.S. Department of Justice related to historical improper payments, along with Millicom’s description of its global compliance program.
On Stock Titan, users can review these filings alongside AI-powered summaries that explain the main points of complex documents such as interim financial statements, transaction announcements, and legal resolutions. The page is updated as new 6-Ks and other SEC forms are furnished, helping investors and researchers follow TIGO’s financial reporting, capital structure developments, acquisitions, and regulatory disclosures in one place.
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.
Millicom International Cellular S.A. is acquiring Telefonica’s Chilean business through a jointly controlled vehicle owned 51% by NJJ and 49% by Millicom. Telefonica will receive an initial closing payment of $50 million, plus potential earn-out payments of up to $150 million tied to structural value creation and paid from the acquired company’s cash flows.
The acquired business’s debt and transaction obligations are explicitly non-recourse to Millicom, and the business will not be consolidated in Millicom’s financial statements during joint ownership. At closing, Telefonica must contribute CLP 79 billion (about $92 million) to support payments and balance sheet stability.
Millicom will operate the Chilean business from day one and apply its regional playbook, while preserving its balance sheet through this partnership structure. Millicom holds call options in years five and six post-closing to acquire NJJ’s stake at a 10% discount to Millicom trading multiples, with a mirror option for NJJ if Millicom does not exercise, reinforcing long-term strategic positioning in Chile and South America.
International Cellular S.A. (Millicom) is expanding its control of its Colombian operations through a major share purchase. The company won a public auction conducted by Empresas Públicas de Medellín for 100% of its remaining shares in UNE Telecommunicaciones S.A. (also known as Tigo Colombia).
Millicom bid COP 418,741 per share, for a total consideration of about COP 2.1 trillion (approximately USD 571 million). After closing, which is expected on January 29, 2026 under the auction rules, Millicom’s ownership in UNE will rise to nearly 100%, with a simplified structure intended to support streamlined operations and strategic integration in Colombia.
A holder of TIGO common stock filed a notice of proposed sale of 1,860 shares through Morgan Stanley Smith Barney LLC Executive Financial Services on or about 12/29/2025 on the NASDAQ market. The filing lists an aggregate market value of $102,281.40 for these shares, compared with 172,096,305 common shares outstanding. The shares to be sold were acquired on 06/21/2022 through an Employee Stock Purchase Plan, with payment made in cash.
Atlas Investissement SAS and affiliates filed Amendment No. 24 to Schedule 13D on Millicom International Cellular (TIGO), reaffirming beneficial ownership of 70,470,018 Common Shares, equal to 42.2% of the class based on 167,084,562 shares outstanding as of September 30, 2025. Voting and dispositive power is reported as shared for these shares and sole power as zero.
The filing discloses new secured equity financing arrangements. On November 12, 2025, Atlas entered into four master agreements for prepaid forwards and equity swaps with major banks, together constituting an approximately USD 800 million transaction secured by pledges over Atlas’s TIGO shares and including margin call mechanisms. The stated purpose is to refinance the Senior Facilities Agreement and pay related costs; any excess cash may be used for working capital. The disclosure notes these transactions do not require the purchase of any Common Shares by Atlas or the counterparties.
Millicom (TIGO) announced a final resolution of a DOJ investigation involving historical improper payments by its Guatemalan subsidiary, Comunicaciones Celulares S.A. (Comcel), from a period when Millicom lacked operational control. The matter is being resolved through a deferred prosecution agreement that will remain in place for two years and does not require a corporate monitor.
Financial terms include a $60 million fine and forfeiture of $58.2 million in approximate benefits. The fine reflects a 50 percent discount off the bottom end of the U.S. Sentencing Guidelines range, which the company attributes to its 2015 voluntary self-disclosure, extensive cooperation, and remediation. Millicom will report to DOJ on its compliance program during the term of the DPA. The company emphasized that it strengthened compliance after gaining full ownership of Comcel in 2021 and has since exited personnel involved in misconduct.
Millicom (TIGO) reported Q3 2025 results showing steady operations and stronger profitability. Revenue was $1,420 million versus $1,431 million a year ago, while operating profit rose to $390 million from $300 million. Net profit attributable to owners increased to $195 million from $51 million. Adjusted EBITDA reached a record $695 million, with operating cash flow at $534 million and equity free cash flow at $243 million.
For the nine months, revenue was $4,166 million and net profit totaled $1,096 million, supported by a $742 million gain on the Sale of Lati Operations. Net cash from operating activities was $1,257 million, and cash and cash equivalents were $1,663 million as of September 30, 2025. The company completed acquisitions in Uruguay ($440 million enterprise value) and Ecuador ($380 million) after quarter-end and continues to target 2025 equity free cash flow of around $750 million and year-end leverage below 2.5x.
Millicom (Tigo) completed its USD 380 million acquisition of Telefónica’s telecommunications operations in Ecuador, advancing its South America strategy. The deal adds a new, dollarized market with stable fundamentals and strong demand for digital services.
Management framed the move as reinforcing Millicom’s role as a leading regional connectivity provider, following its recent Telefónica Uruguay acquisition. With Ecuador included, operations now span eleven countries, supporting the company’s focus on digital inclusion and next‑generation networks and services.
As of June 30, 2025, Millicom employed approximately 14,000 people and served 46 million customers, with a fiber‑cable footprint of over 14 million homes passed.
Atlas Investissement and related parties report holding 70,470,018 common shares of Millicom International Cellular S.A., representing 42.2% of the outstanding common shares based on 167,084,562 shares. The Schedule 13D/A (Amendment No. 23) updates prior filings and discloses that on August 20, 2025 Atlas entered into European-style call spread option transactions with third-party financial institutions to obtain economic exposure to Millicom shares.
The call spread transactions initially covered up to 1,111,111 shares per counterparty in multiple tranches and were exercisable in 40 staggered tranches. An amendment on September 2, 2025 extended the initial hedging period from 10 to 20 business days. As of September 18, 2025 the aggregate number of options was adjusted so the final aggregate number of Common Shares covered by the transactions is 1,691,380. The confirmations allow settlement in shares or cash and include strike/cap prices tied to hedging activity.
Millicom International Cellular’s subsidiary Telefónica Celular del Paraguay S.A.E. (Telecel Paraguay) plans to partially redeem
FAQ
What is the current stock price of Millicom Intl Cellular S A (TIGO)?
What is the market cap of Millicom Intl Cellular S A (TIGO)?
