Professional
Added to YB: 2025-02-19
Pitch date: 2024-12-31
TIGO [bullish]
Millicom International Cellular S.A.
+10.49%
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
$4.6B
Pitch Price
$24.12
Price Target
N/A
Dividend
7.41%
Sector
Wireless Telecommunication Services
Category
growth
Longleaf Partners Global Fund Portfolio Holding: Millicom International Cellular S.A.
TIGO: LatAm telecom raised 2024 FCF target to $650M vs $4B market cap. Deleveraging to 2.5x by Q4. Sold towers at premium, merged in Colombia. Atlas bid $25.75, rejected as undervalued. Strong execution, positive FCF inflection, attractive P/V. Optimistic for 2025.
Read full article (1 min)