Millicom International Cellular S.A. (MICCF)
Millicom International Cellular S.A. operates in the Telecommunications Services industry of the Communication Services sector, headquartered in Luxembourg City, LU. The stock last traded at $18.45, up 0.00% on the session, giving a market capitalisation of $3.16B. On trailing twelve-month figures it carries a trailing P/E of 24.24, a net margin of 9.2%. Its beta of 1.01 implies it has historically moved more than the broad market.
Millicom International Cellular S.A. functions as a prominent telecommunications provider, delivering a wide range of mobile and fixed-line services across diverse markets in Latin America and Africa. The company's mobile offerings are extensive, covering essential connectivity solutions like mobile data, voice communication, and text messaging (SMS). Additionally, it provides a comprehensive suite of mobile financial services, encompassing digital payments, money transfers, international remittances, savings products, real-time lending, and micro-insurance. For residential consumers, Millicom extends an array of fixed and cable amenities, including high-speed broadband internet, diverse content options, landline telephone services, and subscription television. Its services also cater to the business sector, serving small, medium, and large enterprises, as well as governmental organizations, with dedicated fixed connectivity, managed IT services, cloud solutions, robust cybersecurity, and various supplementary business services. As of December 31, 2021, Millicom had cultivated a substantial customer base, serving 44.9 million mobile subscribers and connecting 12.7 million households to its cable network. The company markets its products and services primarily through its well-known Tigo and Tigo Business brands. Established in 1990, Millicom International Cellular S.A. maintains its corporate headquarters in Luxembourg.
Millicom International Cellular S.A. is most often compared with the following Communication Services names: