T

Millicom International Cellular SA
D

TIGO

26.405
USD
0.12
(0.44%)
Market Closed
Volume
1,944
EPS
2
Div Yield
-
P/E
29
Market Cap
4,528,389,085
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News

Title: Millicom International Cellular SA

Sector: Communication Services
Industry: Telecom Services
Millicom offers wireless and fixed-line telecom services primarily in smaller, less developed countries in Latin America. Countries served include Bolivia (100% owned), Nicaragua (100%), Panama (100%), El Salvador (100%), Guatemala (100%),Paraguay (100%), Colombia (50%), and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm's wireless networks cover about 120 million people, serving 41 million customers. Its fixed-line networks reach 14 million homes, serving about 4 million broadband customers. Increasingly, Millicom offers converged packages that include broadband with wireless services. The firm has agreed to sell the majority of its wireless towers to SBA Communications for $975 million.