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Millicom International Cellular S.A. (TIGO)

NasdaqGS - NasdaqGS Real-time price. Currency in USD
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44.75+0.57 (+1.29%)
At close: 4:00PM EDT
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Trade prices are not sourced from all markets
Previous close44.18
Open43.48
Bid0.00 x 800
Ask0.00 x 800
Day's range43.48 - 44.83
52-week range20.18 - 45.44
Volume46,097
Avg. volume63,862
Market cap4.553B
Beta (5Y monthly)0.86
PE ratio (TTM)N/A
EPS (TTM)-1.78
Earnings date29 Jul 2021
Forward dividend & yieldN/A (N/A)
Ex-dividend date05 Nov 2019
1y target est47.43
  • Globe Newswire

    Millicom First to bring innovative O-RAN compliant Open RAN to Latin America

    Millicom First to bring innovative O-RAN compliant Open RAN to Latin America Partners with Parallel Wireless for the deployment Millicom subsidiary TIGO Colombia to deliver service with 362 rural sites Luxembourg, May 12, 2021 – Millicom will become the first operator in Latin America to deploy O-RAN compliant Open Radio Access Network (Open RAN) architecture in partnership with Parallel Wireless. The innovative technology will be deployed by Millicom’s subsidiary Tigo Colombia, delivering 4G service coverage with 362 rural sites. Open RAN is the disaggregation of hardware and software components so that one supplier’s software can be integrated with another supplier’s radio and commercial-off-the-shelf (COTS) server hardware. This open architecture paves the way for faster mobile coverage roll-out to remote rural areas. By taking this step, Millicom is fostering a broader industrial ecosystem, where both traditional and alternative vendors compete to provide radio access network (RAN) equipment and software, for the benefit of rural communities across Latin America. “For us at Millicom, delivering O-RAN based Open RAN technology is an important milestone. It not only means connecting more people in rural areas, starting with Colombia, but it’s also an innovative approach to reducing cost, increasing flexibility and efficiency by diversifying our supplier base”, said Xavier Rocoplan, EVP, Chief Technology and Information Officer at Millicom. “We hope to bring this technology to more sites across our Latin American markets, as we fulfill our purpose to build digital highways that connect people, improve lives, and help develop our communities.” Keith Johnson, President, Parallel Wireless said “Millicom is an innovator in mobile connectivity, and we are excited to partner with them by deploying our world leading O-RAN compliant Open RAN solutions, enabling them to set an example for operators in the region and supporting their efforts to be the first to bring 4G connectivity to their rural and urban subscribers. We are proud to have been selected as an approved supplier and partner for Millicom, and we look forward to expanding the deployments across many more locations throughout Latin America in the years to come.” By bringing innovation such as Open RAN to markets like Colombia, Millicom is helping to increase 4G penetration in the region, as the basis for the future 5G deployments and to tap the potential of cloud and artificial intelligence in its mobile network. -END- Courtesy photos: Image 1Image 2 For further information, please contact Press: Vivian Kobeh, Director Corporate Communications +1-786-628-5300press@millicom.com Yocasta Valdez, Group Manager Digital Media & Communications+1-305-929-5417press@millicom.com Investors: Michel Morin, VP Investor Relations +1-786-628-5270 investors@millicom.com Sarah Inmon, Director Investor Relations +1-786-628-5303 investors@millicom.com About MillicomMillicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of fixed and mobile services dedicated to emerging markets in Latin America and Africa. Millicom sets the pace when it comes to providing high-speed broadband and innovation around The Digital Lifestyle® services through its principal brand, TIGO. As of December 31, 2020, Millicom operating subsidiaries and joint ventures employed more than 21,000 people and provided mobile services to approximately 55 million customers, with a cable footprint of more than 12 million homes passed. Founded in 1992, Millicom International Cellular S.A. is headquartered in Luxembourg. About Parallel WirelessAt Parallel Wireless, we believe that software has the power to unleash amazing opportunities for the world. We disrupt the ways wireless networks are built and operated. We are reimagining how hardware, software, and the cloud work together to change deployment economics for our customers. Our ALL G (2G 3G 4G 5G) O-RAN compliant software platform forms an open, secure, and intelligent RAN architecture to deliver wireless connectivity, so all people can be connected whenever, wherever, and however they choose. We are engaged with over 50 global MNOs and have been recognized with over 74 industry awards. At the core of what we do is our team of Reimaginers who value innovation, collaboration, openness, and customer success. For more information, visit: www.parallelwireless.com. Connect with Parallel Wireless on LinkedIn and Twitter. Attachments PR_Millicom First to bring innovative O-RAN compliant Open RAN to Latin America_051221 SPA version_PR_Millicom First to bring innovative O-RAN compliant Open RAN to Latin America_051221

  • Globe Newswire

    Millicom Annual General Meeting of Shareholders

    Millicom Annual General Meeting of Shareholders Luxembourg, May 4, 2021 – Millicom International Cellular S.A. (“Millicom”) today held its Annual General Meeting of Shareholders (AGM). The AGM approved all the resolutions proposed by the Board of Directors and Millicom’s Nomination Committee. Following the proposals of the Nomination Committee, the AGM set the number of directors at 9 and re-elected Mr. Odilon Almeida, Ms. Pernille Erenbjerg, Ms. Mercedes Johnson, Mr. José Antonio Ríos García and Mr. James Thompson as Non-Executive Directors, re-elected Mr. Mauricio Ramos as Executive Director, and elected Mr. Bruce Churchill, Ms. Sonia Dulá, and Mr. Lars-Johan Jarnheimer as new Non-Executive Directors of Millicom, for a term starting on the day of the AGM and ending on the next annual general meeting to take place in 2022 (the “2022 AGM”). Mr. José Antonio Rios García was re-elected as Chairman of the Board of Directors. All resolutions proposed to Millicom’s AGM as set out in the convening notice published by way of a press release on March 15, 2021, were duly passed, including approval of: (i) the annual accounts and the consolidated accounts for the year ended December 31, 2020; (ii) the allocation of the profit of USD 56,066,101 to the profit or loss brought forward account of Millicom; (iii) the discharge of all the current and former Directors of Millicom who served at any point in time during the financial year ended December 31, 2020 for the performance of their mandates; (iv) the re-election of Ernst & Young S.A., Luxembourg as the external auditor of Millicom; (v) the remuneration to the Board and external auditor; (vi) the instruction to the Nomination Committee; (vii) the share repurchase plan; (viii) the 2020 Remuneration Report; (ix) the senior management remuneration policy; and (x) the share-based incentive plans for Millicom employees. Further details can be found in the convening notice for the AGM. Biographical details of the elected new Board members are as follows: Bruce ChurchillBruce Churchill currently serves on the Board of Wyndham Hotels and Resorts. He is Chairman of the Compensation Committee. Previously he was the President of DIRECTV Latin America LLC from 2004 to 2015 and served as Chief Financial Officer of DIRECTV from January 2004 to March 2005. Prior to joining DIRECTV, he served as President and Chief Operating Officer of STAR TV. Bruce holds an M.B.A from Harvard Business School and a B.A. in American Studies from Stanford University. Sonia DuláSonia Dulá currently serves as an independent director on the boards of Hemisphere Media, Acciona S.A. and Huntsman Corporation. Previously she served as Vice Chairman, Latin America at Bank of America Merrill Lynch, and formerly as Head of Wealth Management, and Head of Corporate and Investment Banking. She has held many executive management positions during her career, including with Grupo Latino de Radio, Internet Group of Brasil, and Telemundo Studios Mexico. She began her career as an investment banker at Goldman Sachs, rising to leadership positions. Sonia holds a M.B.A. from the Stanford Graduate School of Business, and a B.A. in Economics, Magna Cum Laude, from Harvard University. Lars-Johan JarnheimerLars-John Jarnheimer currently serves as Chairman on the Board of Telia Company, and as Chairman of the Board of INGKA Holding B.V. (Ikea). He has extensive experience in various Boards of Scandinavian companies as well having held CEO and managing director positions in the telecommunications and media industries including at Tele 2, and Comviq GSM. Lars-Johan holds a B.Sc. in Business Administration and Economics from Lund and Växjö University. -END- For further information, please contact Press: Vivian Kobeh, Corporate Communications Director+1 786 628 5300press@millicom.comYocasta Valdez, Group Manager Digital Media & Communications+1-305-929-5417press@millicom.comInvestorsMichel Morin, VP Investor Relations+1 786-628-5270investors@millicom.comSarah Inmon, Investor Relations Manager +1 786-628-5303investors@millicom.com About MillicomMillicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of fixed and mobile services dedicated to emerging markets in Latin America and Africa. Millicom sets the pace when it comes to providing high-speed broadband and innovation around The Digital Lifestyle® services through its principal brand, TIGO. As of December 31, 2020, Millicom operating subsidiaries and joint ventures employed more than 21,000 people and provided mobile services to approximately 55 million customers, with a cable footprint of more than 12 million homes passed. Founded in 1992, Millicom International Cellular S.A. is headquartered in Luxembourg. Attachment PR_Millicom Annual General Meeting of Shareholders_050421

  • Millicom International Cellular SA (TIGO) Q1 2021 Earnings Call Transcript
    Motley Fool

    Millicom International Cellular SA (TIGO) Q1 2021 Earnings Call Transcript

    Image source: The Motley Fool. Millicom International Cellular SA (NASDAQ: TIGO)Q1 2021 Earnings CallApr 29, 2021, 8:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Michel Morin Hello, everyone, and welcome to Millicom's first-quarter 2021 earnings call.