Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MILLICOM INTERNATIONAL CELLULAR S.A.

(TIGO)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Millicom to Invest $135 Million to Modernize its Mobile Networks in Partnership with Ericsson in Honduras, Paraguay, and Bolivia

07/08/2021 | 07:25am EDT

Millicom announced it will be investing $135 million over the next two to three years to upgrade its mobile network in partnership with Ericsson in three key Latin American markets: Honduras, Paraguay and Bolivia. COVID-19 has accelerated the digital wave and need for connectivity region-wide, and Millicom needs additional capacity to manage its increased traffic as it continues to expand its network in the region. Partnering with Ericsson will enable Millicom to achieve this by modernizing its networks with LTE, 5G-ready technology for greater speed and enhanced customer experience. The main new functionality introduced with this modernization is carrier aggregation, which allows the combination of different parts of the spectrum. Millicom will modernize its network using the latest Ericsson Radio System products and solutions, paving the way for 5G deployment across the continent. Ericsson will also replace TIGO’s current 4G packet core and introduce Ericsson’s dual-mode 5G Core as part of the project. This modernization is expected to have a significant impact on TIGO’s network performance.


ę S&P Capital IQ 2021
All news about MILLICOM INTERNATIONAL CELLULAR S.A.
09/27Alianza entre la Fundación Real Madrid y Millicom-TIGO para proyectos sociodeportivos e..
GL
09/27MILLICOM INTERNATIONAL CELLULAR S A : Alianza entre la Fundación Real Madrid y Millicom-TI..
GL
09/27Collaboration between Fundación Real Madrid and Millicom - TIGO for social sports proje..
GL
09/24MILLICOM INTERNATIONAL CELLULAR S A : Repurchase of shares in Millicom
AQ
09/22MILLICOM INTERNATIONAL CELLULAR S A : Announces Early Participation Results of and Increas..
PU
09/22MILLICOM INTERNATIONAL CELLULAR S A : Announces Early Participation Results of and Increas..
AQ
09/22Millicom International Cellular S.A. Announces the Results as of the Early Participatio..
CI
09/17MILLICOM INTERNATIONAL CELLULAR S A : Repurchase of shares in Millicom
AQ
09/13MILLICOM INTERNATIONAL CELLULAR S A : Repurchase of shares in Millicom
AQ
09/09MILLICOM INTERNATIONAL CELLULAR S A : PRESS RELEASE (Form 6-K)
PU
More news
Analyst Recommendations on MILLICOM INTERNATIONAL CELLULAR S.A.
More recommendations
Financials (USD)
Sales 2021 6 600 M - -
Net income 2021 0,26 M - -
Net Debt 2021 6 013 M - -
P/E ratio 2021 64,5x
Yield 2021 -
Capitalization 3 684 M 3 684 M -
EV / Sales 2021 1,47x
EV / Sales 2022 1,39x
Nbr of Employees 21 000
Free-Float 99,4%
Chart MILLICOM INTERNATIONAL CELLULAR S.A.
Duration : Period :
Millicom International Cellular S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends MILLICOM INTERNATIONAL CELLULAR S.A.
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 5
Last Close Price 36,54 $
Average target price 49,75 $
Spread / Average Target 36,2%
EPS Revisions
Managers and Directors
Mauricio Ramos President, CEO & Executive Director
Timothy Lincoln Pennington Chief Financial Officer & Senior Executive VP
JosÚ Antonio RÝos Garcia Chairman
Xavier Charles Rocoplan EVP, Chief Technology & Information Officer
Salvador Escalon Chief Legal & Compliance Officer
Sector and Competitors
1st jan.Capi. (M$)
MILLICOM INTERNATIONAL CELLULAR S.A.-5.78%3 684
AT&T INC.-4.73%195 632
T-MOBILE US-5.24%159 465
SOFTBANK GROUP CORP.-15.84%102 267
KDDI CORPORATION24.14%76 896
AMÉRICA MÓVIL, S.A.B. DE C.V.25.05%59 047