Millicom International Cellular SA - Company Profile
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Millicom International Cellular SA (Millicom) is a provider of telecommunications services. The company offers broadband, mobile data, cable and satellite TV, digital services, money transfer, voice, and SMS services to business and government customers. It also provides mobile financial services, including international remittances, money transfers, real-time loans, savings, and micro-insurance services through its MFS App, Tigo Money. Millicom offers its services under Tigo, Tigo Business, Tigo Sports, Mi Tigo, Tigo Shop, Tigo Money, Tigo OneTv, Cable Onda, Zantel, Millicom and The Digital Lifestyle brand names. The company operates across Latin America and Africa. Millicom is headquartered in Luxembourg City, Luxembourg.
Headquarters
Luxembourg
Address
2 Rue Du Fort Bourbon, Luxembourg, 1249
Website
www.millicom.com
Telephone
352 27759021
No of Employees
16,527
Industry
Technology and Communications
Ticker Symbol & Exchange
TIGO SDB (STO)
Revenue (2022)
$5.7B
0.7%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-146.3%
(2022 vs 2021)
Market Cap*
$3.5B
Net Profit Margin (2022)
XYZ
-146.0%
(2022 vs 2021)
* As of and is in US$
Millicom International Cellular SA premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| Prepaid Mobile Services | Tigo |
| Fixed-line Services | Tigo Sports |
| Postpaid Services | Tigo Business |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In October, the company entered into an agreement with Empresas Publicas de Medellin to jointly capitalize UNE EPM Telecomunicaciones S.A. |
| 2023 | Others | In June, the company's acquisition by Apollo Global Management Inc. and Claure Group was terminated. |
| 2023 | Plans/Strategy | In February, the company announced its plans to build two new terrestrial routes across the Bolivia and Paraguay border. |
Competitor Comparison
| Key Parameters | Millicom International Cellular SA | AT&T Inc | Vodafone Group Plc | America Movil SAB DE CV | Bharti Airtel Ltd |
|---|---|---|---|---|---|
| Headquarters | Luxembourg | United States of America | United Kingdom | Mexico | India |
| City | Luxembourg | Dallas | Newbury | Mexico, D.F. | New Delhi |
| State/Province | - | Texas | Berkshire | - | Delhi |
| No. of Employees | 16,527 | 149,900 | 98,103 | 176,158 | 23,571 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Mauricio Ramos | Chief Executive Officer; Chairman - Interim | Executive Board | 2023 | - |
| Sheldon Bruha | Chief Financial Officer | Senior Management | 2022 | 55 |
| Maxime Lombardini | Chief Operating Officer; President | Senior Management | 2023 | - |
| Salvador Escalon | Chief Legal and Compliance Officer; Executive Vice President | Senior Management | 2020 | 47 |
| Esteban Iriarte | Executive Vice President; Chief Operating Officer - Latin America | Senior Management | 2016 | 50 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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