MILLICOM INTL CELLULAR S.A.
Millicom International Cellular S.A. (TIGO) is a telecommunications and digital services group, primarily operating across Latin America under the Tigo brand. With a market capitalisation of about $7.75 billion, the company provides mobile voice and data, fixed broadband, pay-TV and a growing range of fintech and enterprise services. Investors watch Millicom for its exposure to rising data consumption, fibre and 4G/5G roll-outs, and the monetisation of digital platforms such as mobile money. At the same time, the stock carries typical emerging-market risks: currency volatility, regulatory change, competitive pressure from regional and global carriers, and macroeconomic sensitivity in its markets. Financial metrics to consider include subscriber trends, ARPU (average revenue per user), capital expenditure for network upgrades, and leverage. This summary is educational only and not personalised advice; values can fall as well as rise and prospective investors should assess suitability against their goals and risk appetite.
Stock Performance Snapshot
Analyst Rating
Analysts suggest buying Millicom's stock as it has a promising potential for growth.
Financial Health
Millicom is performing well with strong profits and cash flow, indicating healthy business operations.
Dividend
Millicom's impressive dividend yield of 8.42% indicates strong returns for dividend-seeking investors. If you invested $1000 you would be paid $84.20 a year in dividends (based on the last 12 months).
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Baskets Featuring TIGO
Best Dividend Stocks: Could Africa Exposure Pay Off?
As economic uncertainty and inflation challenge savings in Nigeria, dividend-paying companies offer a potential source of regular income. This basket provides exposure to US/EU-listed multinational corporations with significant operations or consumer markets across Africa.
Published: September 9, 2025
Explore BasketWhy You’ll Want to Watch This Stock
Subscriber momentum
Rising mobile and broadband customers can support revenue growth, though subscriber ARPU and churn trends matter and can change with competition.
Regional exposure
Focus on Latin American markets offers growth potential from digital adoption, but brings currency and macro risks investors should weigh.
Digital services push
Expansion into mobile money and enterprise solutions could diversify revenues, though execution and regulatory hurdles may affect outcomes.
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