Added to YB: 2025-08-29
Pitch date: 2025-08-27
TIGO [bullish]
Millicom International Cellular S.A.
+14.15%
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
$45.55
Price Target
N/A
Dividend
5.96%
EV/EBITDA
5.43
P/E
7.77
EV/Sales
2.71
Sector
Wireless Telecommunication Services
Category
growth
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.
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