TIGO - Millicom International Cellular S.A.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
44.02
+0.98 (+2.28%)
At close: 4:00PM EST
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Previous Close43.04
Open43.18
Bid0.00 x 1100
Ask0.00 x 800
Day's Range43.18 - 44.23
52 Week Range40.83 - 74.71
Volume55,114
Avg. Volume38,990
Market Cap4.452B
Beta (3Y Monthly)0.66
PE Ratio (TTM)N/A
EPS (TTM)-1.62
Earnings DateN/A
Forward Dividend & Yield2.64 (6.33%)
Ex-Dividend Date2019-11-05
1y Target Est66.25
  • GlobeNewswire

    Millicom to Present at Morgan Stanley European Technology, Media & Telecom Conference

    Millicom to Present at Morgan Stanley European Technology, Media & Telecom Conference Luxembourg, 14 November 2019 – Millicom International Cellular S.A. (“Millicom”).

  • GlobeNewswire

    Millicom files standard form of major shareholdings announcements

    Millicom files standard form of major shareholdings announcements Luxembourg,  November 7, 2019 – Millicom International Cellular SA (“Millicom”) announced today the CSSF.

  • GlobeNewswire

    Millicom to host investor meeting on November 7

    Millicom to host investor meeting on November 7 Luxembourg, 5 November 2019 – Millicom International Cellular SA (“Millicom”) announced today that it will host an investor.

  • GlobeNewswire

    Millicom announces the Nomination Committee ahead of the 2020 Annual General Meeting

    Millicom announces the Nomination Committee ahead of the 2020 Annual General Meeting Luxembourg, October 29th, 2019 – In accordance with the resolution of the 2019.

  • GlobeNewswire

    Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated With Them.

    Notification and Public Disclosure of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated With Them Luxembourg, October 29, 2019 –.

  • GlobeNewswire

    Millicom’s subsidiary Cable Onda S.A. announces the issuance of US$600 million 4.500% senior unsecured notes due 2030

    Millicom’s subsidiary, Cable Onda S.A. (the “Company”) rated Ba1 by Moody’s and BBB- by Fitch, announced the completion of its offering of US$600 million 4.500% senior unsecured notes due January 30, 2030 (the “Notes”). The Company intends to use the net proceeds from the offering of the Notes to partially finance the acquisition of Telefónica Panama, to refinance debt, and for general corporate purposes. Cable Onda mandated Goldman Sachs and J.P. Morgan as Global Coordinators and Goldman Sachs, J.P. Morgan, BNP Paribas, Morgan Stanley and Scotiabank as Joint Bookrunners for the transaction.

  • GlobeNewswire

    Strengthening our Leadership in Central America

    Strengthening our Leadership in Central America Luxembourg, October 23, 2019 – Millicom is pleased to announce its third-quarter 2019 results. Please find below the links.

  • Bloomberg

    Sweden Requests Change of Chairman at Telia

    (Bloomberg) -- Telia Co. proposed replacing Chairman Marie Ehrling with Swedish industry veteran Lars-Johan Jarnheimer after its largest shareholder, the Swedish state, requested a change of board leadership.The government has called for the company to hold an extraordinary general meeting to appoint a new chairman, according to a statement on Sunday. Ehrling has been in the position since 2013.“Lars-Johan is strongly business minded and has extensive experience within telecommunications,” Daniel Kristiansson, the head of Telia’s nomination committee, said in the statement.The move coincides with the departure of Telia Chief Executive Officer Johan Dennelind, who announced in August that he would leave after six years at the helm, and raises questions about the company’s move into media content, a key part of the strategy pursued by Dennelind and Ehrling.Telia’s acquisition of Bonnier AB’s TV operations was widely criticized by government representatives as well as opposition parties, and the reshuffle “raises uncertainty” about how Telia’s new management and board will act in relation to the purchase, DNB analyst Stefan Gauffin said in a note. The deal is currently under a European Commission review.“It is a question whether the state also will push for a breakup of Telia Sweden into an infrastructure company and a commercial company focusing on the end users,” Gauffin said. A split could open the way for the government to divest its share in Telia’s consumer-facing business while maintaining control over network assets seen as important for national security.Telia gained as much as 3.7% on Monday, the most in 15 months. Shares had been little changed so far this year before Monday, while the benchmark OMX Stockholm 30 Index had gained about 21%. Since Ehrling became chairman in April 2013, the stock is down 6.8%. In that period, the OMXS30 index has gained almost 42%.Jarnheimer, 59, was CEO of Telia rival Tele2 AB between 1999 and 2008 and has served on boards of companies including Millicom International Cellular SA, Modern Times Group AB and SAS AB.Start ImmediatelyIn an interview with Dagens Industri newspaper, Ehrling said she had planned to step down as chairman at the annual general meeting in the spring of next year. She said it was up to the Swedish state to comment on the reasons for the change, and said Jarnheimer is “a very good choice” of successor.“It is important to enable the new chairman to start his work immediately, and hence, the state has chosen to call an extraordinary general meeting,” Minister of Enterprise Ibrahim Baylan said in an email. “Ehrling has done admirable work for the company during many years.” The government’s stake is about 38%.Telia, is currently run by Chief Financial Officer Christian Luiga as acting CEO. According to Ehrling’s interview with Dagens Industri, that process of finding a permanent replacement is now almost completed and should be concluded before she departs.Dennelind and Ehrling were brought in after Telia’s reputation had been tarnished by revelations of corruption in Uzbekistan, and led a retreat from Central Asia to focus on Nordic expansion.Media PushKeen to add media and content to Telia’s broadband, cable and mobile businesses, Dennelind oversaw a 9.2 billion-krona ($953 million) bid for Bonnier’s television operations, including TV channels and video-streaming services such as Sweden’s TV4, MTV in Finland and C More. In its third-quarter report on Oct. 17, Telia said it expects the European Commission to have made its final decision on that deal by Nov. 19.Under Dennelind, Telia started to exit markets such as Azerbaijan, Georgia and Kazakhstan. That marked a U-turn by the former Swedish phone monopoly, which under Dennelind’s predecessors Lars Nyberg and Anders Igel had pushed into the former Soviet Union, back when western companies were attracted to its political opening in the 1990s.Late last year, Dennelind announced the sale of Telia’s stake in Uzbekistan’s Ucell, which marked the final exit from a venture that led to penalties of almost $1 billion to U.S. and international authorities to settle a graft probe.(Adds details, comments from analyst and Minister of Enterprise from fourth paragraph.)To contact the reporters on this story: Niklas Magnusson in Stockholm at nmagnusson1@bloomberg.net;Niclas Rolander in Stockholm at nrolander@bloomberg.netTo contact the editors responsible for this story: Jonas Bergman at jbergman@bloomberg.net, ;Tasneem Hanfi Brögger at tbrogger@bloomberg.net, Jennifer Ryan, Thomas PfeifferFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • GlobeNewswire

    Cable Onda Financial Update

    Millicom announced today that its subsidiary, Cable Onda S.A. (“Cable Onda”), a leading provider of Mobile, Pay TV, fixed broadband, internet and telephony services in both the residential and B2B sectors in Panama, has mandated Goldman Sachs & Co. LLC and J.P. Morgan as Global Coordinators, and BNP Paribas, Morgan Stanley and Scotiabank as Joint Bookrunners for a potential benchmark senior unsecured 144A/RegS USD bond transaction, subject to market conditions. In relation with this planned transaction, Cable Onda informs the market that it expects revenue of approximately $313.0 million to $315.0 million and EBITDA of approximately $149.0 million to $151.0 million on a consolidated basis for the nine months ended September 30, 2019. Cable Onda’s actual operating results remain subject to the completion of its quarter-end closing process, which includes review by management and its board of directors.

  • Hedge Funds Have Never Been More Bullish On Millicom International Cellular S.A. (TIGO)
    Insider Monkey

    Hedge Funds Have Never Been More Bullish On Millicom International Cellular S.A. (TIGO)

    The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have gone over 730 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]

  • Helios Towers Finishes London Debut Strong After Muted Start
    Bloomberg

    Helios Towers Finishes London Debut Strong After Muted Start

    (Bloomberg) -- Helios Towers Ltd. rose 5.7% on its first day of trading after the company raised 288 million pounds ($364 million) in a long-delayed initial public offering that gives investors a foothold in Africa’s fast-growing wireless tower industry.Shares in the company that was backed by billionaire financier George Soros priced at 115 pence apiece, the bottom of the range, before closing at 121.50 pence.After a subdued start to the day, the shares perked up after Chief Executive Officer Kash Pandya’s comments on potentially using some of the proceeds for expansion. Helios is looking to add three new African countries to the five where it currently operates, Pandya said by phone after the initial public offering.Shareholders including Millicom International Cellular SA and Bharti Airtel Ltd. sold down their stakes in the London IPO, with Helios settling for a market valuation of 1.2 billion pounds.Helios has more than 6,800 towers spread across five African countries and the money raised from selling new shares will help it to roll out fourth-generation mobile services and keep pace with soaring mobile data consumption on the continent. It was originally looking to raise as much as $500 million.Read more: Helios CEO says IPO proceeds to be used for expansionHelios went public as many similar offerings are stumbling or being pulled. Two tech IPOs were delayed last week, citing market conditions, and yacht maker Ferretti SpA late on Monday reduced the price range for its upcoming sale.Not everyone is getting shy: special-effects company DNEG Ltd. is exploring selling shares in London to raise 150 million pounds to fund growth, it said Tuesday.Choppy MarketsAfrican and Middle Eastern companies have helped to keep the London IPO market alive, although with mixed results. Airtel Africa Ltd. has lost a third of its value since listing in June.Helios already had to cancel an IPO attempt last year. It was one of three African tower firms that tried to sell stock in London or New York. The most optimistic estimates gave them a potential combined value of $15 billion before choppy markets scuppered the plans and Helios’s two peers went down other routes.The biggest, IHS Towers, decided to raise $1.3 billion via the debt market in two offerings that will close next week. The other, Eaton Towers Ltd., is being bought by American Tower Corp.Following the IPO, Millicom holds a 17% stake in Helios, according to the prospectus. Quantum Strategic Partners Ltd is right behind with a 16.45% stake. Quantum’s investment in Helios is managed by Newlight Partners LP, which was spun off from George Soros’s family office in 2018. The firm is led by Ravi Yadav and David Wassong, who has a seat on Helios’ board.Helios serves carriers including Airtel Africa, MTN Group Ltd. and Vodacom Group Ltd. It’s the only independent tower operator in the Democratic Republic of Congo and Tanzania, has operations in Ghana and launched in South Africa this year.(Updates with trading close and CEO interview.)To contact the reporters on this story: Swetha Gopinath in London at sgopinath12@bloomberg.net;Loni Prinsloo in Johannesburg at lprinsloo3@bloomberg.netTo contact the editors responsible for this story: Rebecca Penty at rpenty@bloomberg.net, Thomas Pfeiffer, Kasper ViitaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • GlobeNewswire

    New Study Finds Positive Outlook for Latin American Economies

    Luxembourg, October 2nd, 2019- A new study conducted by Oxford Economics, the leader in global forecasting and quantitative analysis, showed a positive overall outlook for the.

  • GlobeNewswire

    Millicom to host event with Oxford Economics on the long-term macro-economic forecasts for Latin America

    Luxembourg, 26 September 2019 – Millicom, widely known as TIGO, its commercial brand, will be hosting a conference call with Oxford Economics, a leader in global forecasting,.

  • GlobeNewswire

    Notice of third quarter 2019 results and conference call

    Notice of third-quarter 2019 results and conference call  Luxembourg, 20 September 2019 – Millicom will announce its third-quarter results for the period ending 30 September.

  • GlobeNewswire

    Millicom invests to become the clear market leader in Panama and Central America

    Luxembourg and Panama City, September 9, 2019- Following the acquisitions of Cable Onda, the leading cable operator in Panama, and of Movistar, the leading mobile operator in the country, Millicom (TIGO) is now positioned as the clear telecommunications market leader in Panama and Central America. Cable Onda currently serves more than 350,000 residential customers and is the largest provider of B2B fixed telecommunications services, while Movistar adds more than 1.6 million mobile subscribers to this customer base.

  • GlobeNewswire

    Millicom closes acquisition of Telefónica operation in Panama

    Millicom closes acquisition of Telefónica operation in Panama Luxembourg, August 29, 2019 – Millicom announced today that it has closed the acquisition of Telefónica Móviles.

  • GlobeNewswire

    Millicom - H1 2019 Consolidated Financial Statements

    Millicom’s H1 2019 Consolidated Financial Statements Luxembourg, August 23, 2019— Millicom, a leading provider of cable and mobile services operating under the TIGO brand.

  • GlobeNewswire

    Millicom’s 2018 Annual Report Receives International Accolades

    Millicom’s 2018 Annual Report Receives International Accolades   Luxembourg, August 13, 2019— Millicom, a leading provider of cable and mobile services operating under the.

  • GlobeNewswire

    Millicom joins industry-leading innovation lab, CableLabs

    Millicom joins industry-leading innovation lab, CableLabs Luxembourg, July 24, 2019— Millicom, a leading provider of cable and mobile services which operates under the TIGO.

  • Millicom International Cellular SA (TIGO) Q2 2019 Earnings Call Transcript
    Motley Fool

    Millicom International Cellular SA (TIGO) Q2 2019 Earnings Call Transcript

    TIGO earnings call for the period ending June 30, 2019.

  • GlobeNewswire

    Building the Tigo of the future

    Building the Tigo of the future Luxembourg, July 18, 2019 Millicom Chief Executive Officer Mauricio Ramos commented: “We made significant progress on a number of.

  • GlobeNewswire

    Millicom completes sale of Tigo Chad operations

    Millicom completes sale of Tigo Chad operations Luxembourg, June 27, 2019 – Millicom announced today it has completed the transaction announced on March 14, 2019, for.

  • GlobeNewswire

    Millicom’s world-class Datacenters propelled by key global partnerships and industry recognitions

    Luxembourg, June 26, 2019— Millicom, a leading provider of cable and mobile services which operates under the TIGO brand in Latin America, announced today it is partnering with world-class vendor Schneider Electric for infrastructure monitoring of its datacenters. During its annual datacenter workshop taking place this week in Panama, the leading convergent operator was also joined by DatacenterDynamics with the CEEDA program, and Uptime Institute, from whom it received multiple certifications and awards.

  • GlobeNewswire

    Notice of second quarter 2019 results and conference call

    Notice of second quarter 2019 results and conference call Luxembourg, June 20th, 2019 – Millicom will announce its second quarter results for the period ending June 30th,.

  • Morningstar

    A New Perspective on Geographical Diversification

    Domicile has long been an investor's only way of geographically diversifying a portfolio, but that gives a misleading impression of the actual diversity of a portfolio. Large multinational companies have global revenue streams, as do lesser-known companies whose revenue exposures can be surprising. Consider  Millicom International Cellular TIGO .