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Added to YB: 2025-08-29

Pitch date: 2025-08-27

TIGO [bullish]

Millicom International Cellular S.A.

+98.28%

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

$43.78

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:
Introducing the blog and updated thoughts on the TIGO thesis

TIGO: Strong cash flow generation from core operations, aggressive capital allocation (buybacks + acquisitions) without exceeding leverage targets. Growth plan: prepaid-to-postpaid migration, price increases, fixed broadband expansion, convergence to reduce churn. Colombia consolidation should improve market structure. Iliad/Atlas aggressively buying via options, aligned with minorities. Valuation approach focuses on management quality vs precise FCF multiples.

Read full article (9 min)