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Added to YB: 2024-08-15

Pitch date: 2024-06-30

TIGO [bullish]

Millicom International Cellular S.A.

+318.33%

current return

Author Info

No bio for this author

Company Info

Millicom International Cellular S.A. engages in the provision cable and mobile services in Latin America.

Market Cap

$13.7B

Pitch Price

$20.75

Price Target

N/A

Dividend

3.66%

EV/EBITDA

7.85

P/E

11.12

EV/Sales

3.80

Sector

Wireless Telecommunication Services

Category

growth

Show full summary:
Longleaf Partners Global Fund Commentary Portfolio Holding: Millicom International Cellular S.A.

TIGO: LatAm telecom up on 4% organic rev growth, 3.5% cost reduction, 20%+ adj EBITDA boost. lliad bid $24/share, below intrinsic value. Strong FCF growth from operational improvements. Monitoring lliad's potential 33%+ stake acquisition due to Luxembourg regs. Confident in continued performance & value.

Read full article (1 min)