UBS upgraded Millicom International Cellular from Neutral to Buy
Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/11/2025 | $49.00 | Buy → Neutral | UBS |
| 6/17/2025 | $37.00 | Sector Outperform → Sector Perform | Scotiabank |
| 1/29/2025 | $32.00 | Equal-Weight | Morgan Stanley |
| 1/22/2025 | $34.00 | Hold → Buy | HSBC Securities |
| 9/20/2024 | Sector Perform → Sector Outperform | Scotiabank | |
| 9/6/2024 | $35.00 | Overweight | JP Morgan |
| 8/15/2024 | Neutral → Buy | UBS | |
| 8/7/2024 | Sector Outperform → Sector Perform | Scotiabank |
Comunicaciones Celulares S.A. Resolves DOJ Investigation Related to Historical Conduct Luxembourg, November 10, 2025 – Millicom International Cellular S.A. ("Millicom") today announced that its subsidiary, Comunicaciones Celulares S.A. ("Comcel"), has reached an agreement with the U.S. Department of Justice ("DOJ") to resolve an investigation concerning historical improper payments made to Guatemalan government officials. At the time of the conduct, Comcel operated as a joint venture over which Millicom lacked operational control. Millicom welcomes today's agreement, which resolves all issues associated with DOJ's investigation, first disclosed by Millicom in May 2022. Millicom and its
Millicom (Tigo) Q3 2025 Earnings Release Luxembourg, November 6, 2025 – Millicom is pleased to announce its third quarter 2025 results. Please find below links to the Q3 2025 Earnings Release and IAS 34 Interim Condensed Consolidated Financial Statements. Q3 2025 Highlights* Revenue $1.42 billion Operating profit $390 million, and record Adjusted EBITDA $695 million Net profit attributable to company owners $195 million, including approximately $138 million net profit from the closure of infrastructure transactions Equity free cash flow $243 million Additional interim dividend declared in August of $2.5 per share, amounting approximately $420 millionLeverage of 2.09x, benefiting fr
Millicom (Tigo) acquires Telefónica Ecuador for USD 380 Million, strengthening its South American footprint Luxembourg, October 30, 2025 – Millicom International Cellular S.A. ("Millicom") today announced the successful completion of its USD 380 million acquisition of Telefónica's telecommunications operations in Ecuador. This transaction represents another major step in Millicom's strategy to deepen its presence in South America, following the company's recent acquisition of Telefónica Uruguay. With this addition, Millicom expands its footprint into a new, high-potential market—Ecuador, a dollarized economy characterized by stability, solid macroeconomic fundamentals, and a strong demand
UBS downgraded Millicom International Cellular from Buy to Neutral and set a new price target of $49.00
Scotiabank downgraded Millicom International Cellular from Sector Outperform to Sector Perform and set a new price target of $37.00
Morgan Stanley initiated coverage of Millicom International Cellular with a rating of Equal-Weight and set a new price target of $32.00
6-K - MILLICOM INTERNATIONAL CELLULAR SA (0000912958) (Filer)
6-K - MILLICOM INTERNATIONAL CELLULAR SA (0000912958) (Filer)
6-K - MILLICOM INTERNATIONAL CELLULAR SA (0000912958) (Filer)
Millicom (Tigo) and SBA Communications agree to long-term partnership in Central America Luxembourg, October 28, 2024 – Millicom International Cellular S.A. (NASDAQ:TIGO) announces today that it has entered into an agreement with SBA Communications Corporation (NASDAQ:SBAC) to sell and leaseback a tower portfolio of approximately 7,000 towers in Guatemala, Honduras, Panama, El Salvador and Nicaragua for a total consideration of approximately $975 million, plus an earn-out contingent on achieving certain financial performance metrics. In addition, the parties have agreed to enter into a build-to-suit agreement under which SBA Communications will build up to 2,500 addi
Millicom (Tigo) Board of Directors Appoints Marcelo Benitez as CEO Luxembourg, April 25, 2024 – Millicom announced today that its Board of Directors has appointed Marcelo Benitez as CEO of Millicom, effective June 1, 2024. Benitez has had a distinguished career with Millicom, having joined the company in Paraguay nearly 30 years ago and risen through the Company's ranks to his most recent role as CEO of TIGO Panama. Benitez's selection completes the final phase of a succession planning and selection process, which included a thorough evaluation of internal and external candidates to ensure that the company's next CEO possesses the vision, experience, talent and lea
Millicom (Tigo) announces a new appointment in its executive team Luxembourg, March 22, 2024 – Today, Millicom announced that Sheldon Bruha will be stepping down from the role of Chief Financial Officer (CFO), effective on April 15th, as part of a planned succession process. Sheldon will be succeeded as CFO by Bart Vanhaeren, currently VP Corporate Finance at Millicom. Sheldon will continue to serve as an advisor to Millicom through June 30, 2024 to ensure a continued smooth and organized transition. Sheldon joined the Company as CFO at the beginning of 2022 and, among other key successfully executed initiatives, has played an instrumental role in driving Project Everest, the Company's cos
SC 13D/A - MILLICOM INTERNATIONAL CELLULAR SA (0000912958) (Subject)
SC 13D/A - MILLICOM INTERNATIONAL CELLULAR SA (0000912958) (Subject)
SC 13D/A - MILLICOM INTERNATIONAL CELLULAR SA (0000912958) (Subject)
Millicom (Tigo) acquires Telefónica Ecuador for USD 380 Million, strengthening its South American footprint Luxembourg, October 30, 2025 – Millicom International Cellular S.A. ("Millicom") today announced the successful completion of its USD 380 million acquisition of Telefónica's telecommunications operations in Ecuador. This transaction represents another major step in Millicom's strategy to deepen its presence in South America, following the company's recent acquisition of Telefónica Uruguay. With this addition, Millicom expands its footprint into a new, high-potential market—Ecuador, a dollarized economy characterized by stability, solid macroeconomic fundamentals, and a strong demand
Millicom (Tigo) completes acquisition of Telefónica in Uruguay, strengthening its regional footprint in South America Luxembourg, October 7, 2025 – Millicom International Cellular S.A. ("Millicom") today announced that, following final approval from the Government of Uruguay, it has completed the acquisition of 100% of Telefónica Móviles del Uruguay S.A. (Movistar) for an enterprise value of USD 440 million. With this milestone transaction, Millicom officially enters the Uruguayan market, further consolidating its presence in South America and reinforcing its position as a leading regional telecommunications provider. "This acquisition marks a decisive step in our growth strategy," said Ma
Luxembourg, August 6, 2025 – In line with the press release published on June 13, 2025, the Board of Directors of Millicom International Cellular S.A. ("Millicom") approved the interim dividend of $2.50 per share, to be paid in two equal installments of $1.25 per share on October 15, 2025 and April 15, 2026. Other important dates and information relating to the Interim Dividend are as follows: First Installment Interim Dividend Payment First Installment Interim Dividend Record Date: October 8, 2025. The first installment of the Interim Dividend Payment of $1.25 per share will be paid to shareholders who are registered in the U.S. with Broadridge (including DTCC) on October 8, 2025, at 23.5