Millicom Intl Cellular
Telecom Services
Millicom offers wireless and fixed-line telecom services primarily in smaller, less developed countries in Latin America. Countries served include Bolivia (100% owned), Nicaragua (100%), Panama (100%), El Salvador (100%), Guatemala (100%),Paraguay (100%), Colombia (50%), Costa Rica (100%), and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm's fixed-line networks reach 13 million homes while its wireless networks cover about 120million people. Increasingly, Millicom offers a converged package that may include fixed-line phone, broadband, and pay television in conjunction with wireless services. The firm plans to carve out its infrastructure assets and mobile financial services business in 2024.

$4.5B

Market Cap • 11/18/2024

1992

(32 years)
Founded

2003

(21 years ago)
IPO

NASDAQ

Listing Exchange
Flag of LU

Luxembourg

Headquarters