Business Segments Millicom International Cellular S.A.

Stocks

TIGO

LU0038705702

Wireless Telecommunications Services

Market Closed - Nasdaq Other stock markets 01:30:00 18/07/2026 am IST			5-day change	1st Jan Change
98.34 ^USD	+2.89%		+1.42%	+77.38%

14/07	UBS Adjusts Price Target on Millicom International Cellular to $100 From $90, Maintains Neutral Rating	MT
22/06	Millicom International Cellular S.A.(NasdaqGS:TIGO) added to S&P International 700	CI

Sales 2025 by Business Segment

Sales 2025 by Geography

Historical Breakdown of Revenue by Business Segments

: Breakdown by Business Segment

Breakdown by Business Segment (USD)

Fiscal Period: December	2021	2022	2023	2024	2025
Cellular Services
Guatemala	-	-	156.4Cr	160.3Cr	167.1Cr
CAPEX	-	-	-18Cr	-18Cr	-14Cr
EBITDA	-	-	81Cr	87Cr	93Cr
Colombia	-	-	131.3Cr	138Cr	145Cr
CAPEX	-	-	-16Cr	-14Cr	-21Cr
EBITDA	-	-	42Cr	52Cr	60Cr
Other Segments	-	-	90Cr	91Cr	106.6Cr
CAPEX	-	-	-15Cr	-13Cr	-17Cr
EBITDA	-	-	35Cr	39Cr	47Cr
Panama	-	-	72Cr	76Cr	72Cr
CAPEX	-	-	-10Cr	-9.6Cr	-9Cr
EBITDA	-	-	30Cr	35Cr	37Cr
Honduras	-	-59Cr	61Cr	62Cr	62Cr
Total Assets	-	-100.4Cr	-	-	-
Income Tax Expense	-	-4.9Cr	-	-	-
CAPEX	-	8.5Cr	-10Cr	-7.5Cr	-7.6Cr
EBITDA	-	-23Cr	27Cr	30Cr	32Cr
D&A	-	-11Cr	-	-	-
Operating Income	-	-12Cr	-	-	-
Paraguay	-	-	57Cr	56Cr	58Cr
CAPEX	-	-	-9.7Cr	-7.2Cr	-6.5Cr
EBITDA	-	-	24Cr	27Cr	30Cr
Bolivia	-	-	61Cr	61Cr	36Cr
CAPEX	-	-	-9.2Cr	-7.3Cr	-4.7Cr
EBITDA	-	-	22Cr	27Cr	17Cr
Guatemala and Honduras	-195.5Cr	-	-	-	-
Total Assets	-643Cr	-	-	-	-
Income Tax Expense	-14Cr	-	-	-	-
CAPEX	24Cr	-	-	-	-
EBITDA	-98Cr	-	-	-	-
D&A	-40Cr	-	-	-	-
Operating Income	-57Cr	-	-	-	-
Latin America	622Cr	-	-	-	-
Total Assets	1.44TCr	-	-	-	-
Income Tax Expense	24Cr	-	-	-	-
CAPEX	-101.5Cr	-	-	-	-
EBITDA	249.8Cr	-	-	-	-
D&A	150.4Cr	-	-	-	-
Operating Income	100.1Cr	-	-	-	-
Africa	36Cr	-	-	-	-
Total Assets	87Cr	-	-	-	-
Income Tax Expense	2Cr	-	-	-	-
CAPEX	-4.2Cr	-	-	-	-
EBITDA	11Cr	-	-	-	-
D&A	8.3Cr	-	-	-	-
Operating Income	2.9Cr	-	-	-	-
Group Segment	-	620.3Cr	-	-	-
Total Assets	-	1.45TCr	-	-	-
Income Tax Expense	-	36Cr	-	-	-
CAPEX	-	-104.2Cr	-	-	-
EBITDA	-	245.7Cr	-	-	-
D&A	-	145.4Cr	-	-	-
Operating Income	-	100.4Cr	-	-	-
Eliminations and Transfers	-40L	80L	-	-	-
Total Assets	-10Cr	66Cr	-	-	-
EBITDA	-	10L	-	-	-
D&A	-	10L	-	-	-
Operating Income	21Cr	3.2Cr	-	-	-
Inter-Segment and Oher Elimination	-	-	-63Cr	-64Cr	-65Cr
CAPEX	-	-	7.3Cr	8.9Cr	7Cr
EBITDA	-	-	-50Cr	-50Cr	-41Cr
Total Assets	640.1Cr	-	-	-	-
CAPEX	-70L	-	-	-	-
EBITDA	60L	-	-	-	-
D&A	1.2Cr	-	-	-	-
Operating Income	-70L	-	-	-	-
Income Tax Expense	90L	-	-	-	-

Geographical Revenue Distribution History

Geographical breakdown of sales (USD)

Fiscal Period: December	2021	2022	2023	2024	2025
Latin America	-	562.4Cr	566.1Cr	580.4Cr	581.9Cr
Total Assets	-	1.42TCr	1.45TCr	1.37TCr	1.73TCr
Interest Expense	-	-56Cr	-59Cr	-57Cr	-59Cr
Income Tax Expense	-	22Cr	42Cr	28Cr	30Cr
D&A	-	134.3Cr	133.8Cr	123.4Cr	128Cr
CAPEX	-	-107.2Cr	-81Cr	-54Cr	-65Cr
Gross Profit	-	411.8Cr	-	-	-
Net Income	-	18Cr	-8.2Cr	25Cr	131.6Cr
EBT	-	24Cr	18Cr	55Cr	166.5Cr
Operating Income	-	92Cr	83Cr	134.2Cr	163.9Cr
Eliminations	-1.3Cr	-	-	-	-
Nicaragua	24Cr	-	-	-	-
Panama	63Cr	-	-	-	-
Costa Rica	14Cr	-	-	-	-
Chad	-	-	-	-	-
Ghana	-	-	-	-	-
Bolivia	62Cr	-	-	-	-
Paraguay	56Cr	-	-	-	-
Guatemala	22Cr	-	-	-	-
El Salvador	44Cr	-	-	-	-
Colombia	141.4Cr	-	-	-	-
Other Operations	20L	-	-	-	-
Tanzania (Excluding Zantel)	36Cr	-	-	-	-