A record start to 2021
Luxembourg,
Millicom Chief Executive Officer
“Our operational focus and strategic investments over the past year are paying off. After an incredibly strong Q1, we now have more customers, and we are generating more revenue, more EBITDA and more OCF than we did one year ago, before the start of the pandemic. We did not just recover; we are now above pre-COVID levels on most of our operational and financial KPIs.
During the quarter, we added 166,000 customers in Home, by far our best quarterly result ever, and we added 1.1 million customers in Mobile, our strongest Q1 performance in a decade. As a result, service revenue, EBITDA and OCF accelerated in Q1, and the quarter ended on a very positive note, with Latam service revenue growth exceeding 5.5% in March.
Strategically, we announced that we have signed agreements to dispose of our remaining operations in
- Q1 2021 Earnings Release [Attachment]
- IAS 34 Interim Condensed Consolidated Financial Statements [Attachment]
Video conference details
Millicom will host a video conference for the global financial community on
Registration for the live event is required and is already available at the following link. After registering, you will receive a confirmation email containing details about joining the video conference. If you would like to ask a question during the video conference, please notify the Investor Relations team by sending an email to investors@millicom.com after the start of the event.
To listen to the conference via telephone, please use one of the following numbers and enter the Webinar ID: 829 3020 3271. Please dial a number based on your location:
US: +1 929 205 6099
Additional international numbers are available at the following link.
Replay information:
A replay of the event will be available on the Millicom website.
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For further information, please contact
Press: +1-786-628-5300 press@millicom.com +1-305-929-5417 press@millicom.com | Investors: +1 786-628-5270 investors@millicom.com Sarah Inmon, Investor Relations Manager +1 786-628-5303 investors@millicom.com |
About Millicom
Regulatory Statement
This information was prior to this release inside information and is information that Millicom is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the contact person set out above, at 12:00 CET on
Attachments
- PR_Millicom_A record start to 2021_Q1 21 results_042821
- Millicom - Earnings Release - Q1 21
- Millicom - IAS34 - Q1 21 vf
Source:
2021 GlobeNewswire, Inc., source