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Millicom International Cellular S.A. logo

Millicom International Cellular S.A.

TIGO

NASDAQCommunication ServicesTelecommunications Services

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Regular session

$93.215

−$0.465 · -0.50%

Aug 24, 11:45 AM ETData delayed

TIGO company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

93

Deep Value

Momentum

69

Gaining

Sentiment

50

Mixed

Risk resilience

71

Moderate Risk

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Company profile

Company website

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 services. The company serves small, medium, and large businesses, as well as residential consumers and governmental entities. It markets its products and services under the Tigo and Tigo Business brands. The company was founded in 1990 and is headquartered in Luxembourg, Luxembourg.

Industry
Telecommunications Services
Sector
Communication Services
Headquarters
LU
CEO
Marcelo Benitez
Listed since
Jan 9, 2019
Employees
14,250

Market position

Day range

Current $93.215

52-week range

Current $93.215

Open
$92.93
Previous close
$93.68
Volume
209.79K
0.13× average
Average volume
1.65M
Average daily volume
Market cap
15.52B USD
Beta
0.9
Market reference 1
50-day average
$93.363
-0.16% below average
200-day average
$74.0833
+25.82% above average

Financials

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends85%54%22%-9%Gross margin, FY2021: 34.64%Gross margin, FY2022: 73.22%Gross margin, FY2023: 38.90%Gross margin, FY2024: 75.53%Gross margin, FY2025: 77.47%Operating margin, FY2021: 9.48%Operating margin, FY2022: 16.27%Operating margin, FY2023: 13.65%Operating margin, FY2024: 23.12%Operating margin, FY2025: 28.17%Net margin, FY2021: 13.85%Net margin, FY2022: 1.01%Net margin, FY2023: -1.45%Net margin, FY2024: 4.36%Net margin, FY2025: 22.62%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 34.64%. Gross margin FY2022 73.22%. Gross margin FY2023 38.90%. Gross margin FY2024 75.53%. Gross margin FY2025 77.47%. Operating margin FY2021 9.48%. Operating margin FY2022 16.27%. Operating margin FY2023 13.65%. Operating margin FY2024 23.12%. Operating margin FY2025 28.17%. Net margin FY2021 13.85%. Net margin FY2022 1.01%. Net margin FY2023 -1.45%. Net margin FY2024 4.36%. Net margin FY2025 22.62%.

Income trends

Revenue

5.82B USD+0.26%

Operating income

1.64B USD+22.13%

Net income

1.32B USD+420.16%
Income trends across reported periods6.41B USD4.05B USD1.69B USD−672.1M USDRevenue, FY2021: 4.26B USDRevenue, FY2022: 5.62B USDRevenue, FY2023: 5.66B USDRevenue, FY2024: 5.8B USDRevenue, FY2025: 5.82B USDOperating income, FY2021: 404M USDOperating income, FY2022: 915M USDOperating income, FY2023: 773M USDOperating income, FY2024: 1.34B USDOperating income, FY2025: 1.64B USDNet income, FY2021: 590M USDNet income, FY2022: 57M USDNet income, FY2023: −82M USDNet income, FY2024: 253M USDNet income, FY2025: 1.32B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 4.26B USD. Revenue FY2022 5.62B USD. Revenue FY2023 5.66B USD. Revenue FY2024 5.8B USD. Revenue FY2025 5.82B USD. Operating income FY2021 404M USD. Operating income FY2022 915M USD. Operating income FY2023 773M USD. Operating income FY2024 1.34B USD. Operating income FY2025 1.64B USD. Net income FY2021 590M USD. Net income FY2022 57M USD. Net income FY2023 −82M USD. Net income FY2024 253M USD. Net income FY2025 1.32B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue5.82B USD5.8B USD5.66B USD5.62B USD4.26B USD
Cost of goods sold1.31B USD1.42B USD3.46B USD1.51B USD2.79B USD
Gross profit4.51B USD4.38B USD2.2B USD4.12B USD1.48B USD
Selling, general, and administrative1.76B USD1.08B USD1.43B USD1.06B USD1.07B USD
Operating expenses2.87B USD3.04B USD1.43B USD3.2B USD1.07B USD
Interest income28M USD46M USD28M USD18M USD23M USD
Interest expense702M USD717M USD711M USD617M USD489M USD
Depreciation and amortization1.28B USD1.24B USD1.34B USD1.36B USD1.11B USD
Operating income1.64B USD1.34B USD773M USD915M USD404M USD
Net income1.32B USD253M USD−82M USD57M USD590M USD

Company facts updated Aug 24, 2026.

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ETFs holding TIGO

Funds reporting this stock among their holdings, ordered by reported position size.

First Trust NASDAQ Technology Dividend Index Fund logoFirst Trust NASDAQ Technology Dividend Index FundTDIV
Market value
71.25M
Weight
1.63%
AUM
4.35B USD
Expense ratio
0.50%
Price / 1D
$113.63-0.86%
iShares Core MSCI EAFE ETF logoiShares Core MSCI EAFE ETFIEFA
Market value
67.25M
Weight
0.03%
AUM
195.14B USD
Expense ratio
0.07%
Price / 1D
$100.66-0.19%
iShares Latin America 40 ETF logoiShares Latin America 40 ETFILF
Market value
52.79M
Weight
1.42%
AUM
3.72B USD
Expense ratio
0.47%
Price / 1D
$34.84+0.46%
Vanguard High Dividend Yield ETF logoVanguard High Dividend Yield ETFVYM
Market value
34.78M
Weight
0.03%
AUM
99.2B USD
Expense ratio
0.04%
Price / 1D
$164.9-0.05%
iShares Russell Mid-Cap ETF logoiShares Russell Mid-Cap ETFIWR
Market value
34.5M
Weight
0.06%
AUM
57.66B USD
Expense ratio
0.18%
Price / 1D
$112.92-0.45%
iShares U.S. Telecommunications ETF logoiShares U.S. Telecommunications ETFIYZ
Market value
32.69M
Weight
2.62%
AUM
1.26B USD
Expense ratio
0.37%
Price / 1D
$42.915-0.29%
iShares MSCI EAFE ETF logoiShares MSCI EAFE ETFEFA
Market value
30.65M
Weight
0.04%
AUM
79.94B USD
Expense ratio
0.32%
Price / 1D
$108.02-0.21%
Franklin International Low Volatility High Dividend Index ETF logoFranklin International Low Volatility High Dividend Index ETFLVHI
Market value
24.8M
Weight
0.43%
AUM
5.75B USD
Expense ratio
0.40%
Price / 1D
$43.005+0.06%

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