Stocks Telecommunications TIGO
NASDAQ · TelecommunicationsMillicom International Cellular SA (TIGO)
Millicom International Cellular SA reported revenue of $5.8B in fiscal 2025, up 0.3% from a year earlier. Net income was $1.3B, a net margin of 22.6%. Operating cash flow minus capital spending left $1.1B of free cash flow in fiscal 2025. At December 31, 2025 it held $1.6B in cash against $6.9B of debt. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on March 24, 2026.
Watch TIGO in 60 secondsWhat Millicom International Cellular SA does
Millicom International Cellular SA is registered with the SEC under industry code SIC 4812 (Radiotelephone Communications). Its shares trade on NASDAQ under the ticker TIGO.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $5.8B | $1.3B | $7.83 | $1.1B |
| 2024 | $5.8B | $253M | $1.46 | $1.1B |
| 2023 | $5.7B | -$82M | -$0.48 | $409M |
| 2022 | $5.6B | $177M | $1.27 | $484M |
| 2021 | $4.3B | $590M | $4.57 | $216M |
| 2020 | $3.8B | -$344M | -$2.67 | $199M |
Full financial statements: income, balance sheet and cash flow
Where TIGO ranks in Telecommunications
Dividends
It paid out $1.1B in cash dividends, 80% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $1.1B | 80% |
| 2024 | n/a | $173M | 68% |
Latest SEC filings
What Millicom International Cellular SA has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 24, 2026Activist stake changed SCHEDULE 13D/A
- August 6, 2026
- June 29, 2026Activist stake changed SCHEDULE 13D/A
- June 23, 2026Activist stake changed SCHEDULE 13D/A
- May 21, 2026
- May 14, 2026
- April 28, 2026
- April 17, 2026
- April 15, 2026
- April 2, 2026
Insider trades
What the people running Millicom International Cellular SA did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| June 11, 2026 | Lesina Karim AntonioEVP, CEA Officer | Sold | 42,497 | $3.8M |
| June 1, 2026 | Escalon SalvadorChief Legal & Compliance Off. | Sold | 8,500 | $752.2K |
| June 1, 2026 | Escalon SalvadorChief Legal & Compliance Off. | Sold | 40,788 | $3.6M |
| May 20, 2026 | Arnal Maria TeresaDirector | Received as pay | 1,420 | - |
| May 20, 2026 | Arnal Maria TeresaDirector | Sold | 284 | $21K |
| May 20, 2026 | Churchill BruceDirector | Received as pay | 1,420 | - |
| May 20, 2026 | Churchill BruceDirector | Sold | 284 | $21K |
| May 20, 2026 | Dimovic JustineDirector | Received as pay | 1,420 | - |
| May 20, 2026 | Dimovic JustineDirector | Sold | 284 | $21K |
| May 20, 2026 | Trevino de Vega BlancaDirector | Received as pay | 1,420 | - |
| May 20, 2026 | Trevino de Vega BlancaDirector | Sold | 284 | $21K |
Who owns TIGO
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Atlas Investissement SAS13D, may seek influence with 7 related filers | 49.5% | September 24, 2026 |
| Atlas Luxco S.à r.l.13D, may seek influence with 7 related filers | 40.37% | October 11, 2024 |
Largest institutional holders
Insiders
6 insiders reported holding 347,062 shares in total, about $31.2M at the last price.
| Holder | Shares |
|---|---|
| Escalon SalvadorChief Legal & Compliance Off. | 165,344 |
| Lesina Karim AntonioEVP, CEA Officer | 118,101 |
| Churchill BruceDirector | 26,729 |
| Arnal Maria TeresaDirector | 14,163 |
| Trevino de Vega BlancaDirector | 14,163 |
| Dimovic JustineDirector | 8,562 |
Questions about TIGO
What does Millicom International Cellular SA do?
Millicom International Cellular SA is registered with the SEC under industry code SIC 4812 (Radiotelephone Communications). Its shares trade on NASDAQ under the ticker TIGO.
Is Millicom International Cellular SA profitable?
Yes. In fiscal 2025 it reported net income of $1.3B on revenue of $5.8B, a net margin of 22.6%.
How much revenue does Millicom International Cellular SA make?
In fiscal 2025 Millicom International Cellular SA reported revenue of $5.8B. That is 0.3% more than a year earlier.
When did Millicom International Cellular SA last report?
Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on March 24, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the activist stake changed from September 24, 2026.
Similar companies
Compare TIGO with
Follow TIGO
Get an email when Millicom International Cellular SA files with the SEC: results, executive changes, material agreements and annual reports.
Follow TIGO: get an email when it filesWhere the numbers come from
Financial figures are the values Millicom International Cellular SA tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.