Professional
Added to YB: 2024-06-03
Pitch date: 2024-05-31
TIGO [bullish]
Millicom International Cellular S.A.
+134.26%
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
$22.20
Price Target
N/A
Dividend
5.96%
EV/EBITDA
5.43
P/E
7.77
EV/Sales
2.71
Sector
Wireless Telecommunication Services
Category
N/A
Bonhoeffer Capital Management Portfolio Holding: Millicom International Cellular S.A.
TIGO: Telecom in favorable 2-player markets. Colombia competitor bankrupt, reducing players. Latam tower spin-off Lati drawing US tower firm interest. New CEO & major shareholder Niel implementing cost cuts. Fewer competitors enable pricing power to offset rising network costs.
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