Professional
Added to YB: 2024-09-16
Pitch date: 2024-09-07
TIGO [bullish]
Millicom International Cellular S.A.
+124.06%
current return
Author Info
No bio for this author
Company Info
Millicom International Cellular S.A. provides cable and mobile services in Latin America. It offers mobile services, including mobile data and voice, and short message services; and mobile financial services, such as payments, money transfers, international remittances, savings, real-time loans, and micro-insurance.
Market Cap
$8.4B
Pitch Price
$23.21
Price Target
N/A
Dividend
5.96%
EV/EBITDA
5.43
P/E
7.77
EV/Sales
2.71
Sector
Wireless Telecommunication Services
Category
special_situation
Bonhoeffer Capital Management Portfolio Holding: Millicom International Cellular S.A.
TIGO: Telecom co. in 2-player markets, gaining pricing power. Columbia bankruptcy reduces competition. Potential asset acquisition. Tower spin-off Lati attracts US interest. New CEO implementing cost cuts. Xavier Niel increased stake to 40% via tender offers. Management rejects offers as undervalued.
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