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Millicom International Cellular S.A. engages in the provision cable and mobile services in Latin America. The company offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance. In addition, the company provides fixed services, including broadband, fixed voice, and pay-TV; and fixed-voice and data telecommunications services, managed services, cloud and security solutions, and value-added services; and tower infrastructure and…

Millicom Cellular is rated Buy, with strong YTD performance, robust subscriber growth, and improving free cash flow following the Coltel acquisition. TIGO's integration of Coltel boosts scale, with organic growth in postpaid subs, ARPU, and service revenue supporting margin expansion and above-consensus earnings outlook. Leverage stands at 2.8x post-acquisition; TIGO targets $900M equity-free cash flow and 2.5x leverage by 2026, offering a 3.26% dividend yield and 5.8% FCF yield.

Millicom International Cellular is rated a cautious buy, driven by robust margins, strong equity free cash flow, and disciplined execution on acquisitions. TIGO's EBITDA margin of 43.2% and record $225M quarterly equity free cash flow highlight operational strength, with 2026 free cash flow targeted at $900M. Acquisition integration, especially in Colombia and Chile, is the main catalyst, with early successes in margin improvement and rapid cash contribution from acquired assets.

On May 26, 2026, Millicom International Cellular SA (TIGO) shares fell 3.3% to a current price of $83.00. The stock has experienced a 52-week high of $87.05 and

On May 21, 2026, Millicom International Cellular SA (TIGO) shares rose 3.2%, bringing the current price to $86.81. The stock has experienced a 52-week trading r

Results of the Millicom (Tigo) AGM held today Luxembourg, May 20, 2026 – Millicom International Cellular S.A. (“Millicom ”) held its Annual General Meeting (“AGM”) of shareholders today.