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Millicom International Cellular (TIGO) delivered a strong Q2, with adjusted EBITDA surpassing $1 billion and record equity free cash flow, prompting a guidance raise. Recent acquisitions, especially Coltel in Colombia, are already accretive to equity free cash flow and integration is ahead of plan across key markets. Management increased full-year equity free cash flow guidance by over 20% and improved the leverage target, supporting a $4.50 per share AGM-to-AGM dividend.
Bank of America Corp DE grew its stake in shares of Millicom International Cellular SA (NASDAQ: TIGO) by 22.0% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 243,778 shares of the technology company's stock after purchasing an additional 43,947 shares during
Markets stumbled to start the week as oil surged, Iran rattled nerves, and bond yields hit levels not seen since 2007, leaving Wall Street analysts scrambling to reassess positions across retail, tech, and telecom ahead of Tuesday's open.
Millicom International Cellular NASDAQ: TIGO reported second-quarter 2026 service revenue of $2 billion, up 5.4% organically year over year and 60.1% on a reported basis, as its prepaid-to-postpaid migration strategy, pricing actions and recent acquisitions supported growth. Adjusted EBITDA reached a company record of $1 billion, while equity free cash flow rose more than 50% from a year earlier to a record $327 million.
On August 06, 2026, Millicom International Cellular SA (TIGO) shares rose 13.7% to a current price of $104.31, reflecting strong performance in the stock market
Millicom International Cellular S.A. (TIGO) Q2 2026 Earnings Call Transcript
Millicom International Cellular SA (TIGO) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.51 per share a year ago.
Millicom (Tigo) raises 2026 Financial Guidance and declares $1.50 per share interim dividend Luxembourg, August 06, 2026 – Millicom International Cellular S.A. (“Millicom” or the “Company”) today announced an increase to its 2026 Equity Free Cash Flow (“EFCF”) target, a reduction in its year-end leverage target, and the declaration of an interim dividend.