Millicom International Cellular S.A. (TIGO)
Millicom: Strong Margins, Higher Expectations
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.
Millicom International Cellular Q1 Earnings Call Highlights
Millicom International Cellular NASDAQ: TIGO reported what management described as a solid start to 2026, with first-quarter revenue and cash flow boosted by recent acquisitions and continued growth in its core mobile business.
Millicom International Cellular SA (TIGO) Q1 Earnings and Revenues Top Estimates
Millicom International Cellular SA (TIGO) came out with quarterly earnings of $0.97 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $1.14 per share a year ago.
Millicom's Next Growth Is Built On Colombian Simplicity And Chilean Optionality
I rate Millicom International Cellular a Buy, transitioning from cleanup to robust cash generation and disciplined strategic expansion. TIGO posted a record 2025 revenue of $5.8 billion, net profit of $1.3 billion, and EFCF of $916 million, guiding for at least $900 million EFCF in 2026. Strategic acquisitions in Colombia and Chile are structured to limit balance sheet risk, supporting regional consolidation and scalable growth.
Millicom: The Acquisition Playbook That Could Unlock $330M In Incremental EFCF
Millicom International Cellular (TIGO) is rated BUY, supported by robust cash flow, strategic LatAm acquisitions, and strong operating margins. TIGO delivered FY25 adjusted EBITDA of $2.75B (47.2% margin) and equity free cash flow of $916M, exceeding guidance. Recent acquisitions in Colombia, Chile, Ecuador, and Uruguay expand TIGO's footprint, targeting $2.2B incremental revenue and 15% EFCF-to-revenue from new businesses.
Millicom International Cellular S.A. (TIGO) Q4 2025 Earnings Call Transcript
Millicom International Cellular S.A. (TIGO) Q4 2025 Earnings Call Transcript
Millicom International Cellular SA (TIGO) Tops Q4 Earnings and Revenue Estimates
Millicom International Cellular SA (TIGO) came out with quarterly earnings of $1.5 per share, beating the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $0.2 per share a year ago.
What to Expect Ahead of Millicom International's Q4 Earnings Release?
TIGO gears up for fourth-quarter results with revenues supported by ARPU growth, digital momentum and recent acquisitions.
Millicom International Cellular: Infrastructure Re-Rating Driven By Colombia Consolidation Edge
Millicom International Cellular earns a buy rating, driven by structural cash flow transformation and an anticipated re-rating toward digital infrastructure multiples. TIGO's Colombia consolidation and integration of Coltel/EPM assets are expected to propel EBITDA margins above 50%, unlocking non-linear equity FCF expansion. Strategic rotation into dollarized and investment-grade economies de-risks equity, supports a ~4.6% dividend yield, and compresses leverage below 2.5x.
Millicom International Cellular: The Turnaround Is Over - The Cash Flow Rerating Begins
Millicom International Cellular: The Turnaround Is Over - The Cash Flow Rerating Begins
Millicom International Cellular (TIGO) Soars 6.5%: Is Further Upside Left in the Stock?
Millicom International Cellular (TIGO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
Are You Looking for a Top Momentum Pick? Why Millicom International Cellular SA (TIGO) is a Great Choice
Does Millicom International Cellular SA (TIGO) have what it takes to be a top stock pick for momentum investors? Let's find out.
