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Millicom International Cellular SA (MICsdb.ST)

MICsdb.ST on Stockholm Stock Exchange

553.00SEK
16 Feb 2018
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Latest Key Developments (Source: Significant Developments)

Millicom reports Q4 revenue $1,558 mln vs $1,526 mln last year
Tuesday, 6 Feb 2018 04:06pm EST 

Feb 6 (Reuters) - Millicom ::QTRLY REVENUE $1,558 MILLION , UP 2.1 PERCENT, EXCLUDING SENEGAL AND GHANA.QTRLY ‍EBITDA EXCLUDING SENEGAL AND GHANA $561 MILLION VERSUS $520 MILLION ​.‍BOARD WILL RECOMMEND PAYMENT OF AN UNCHANGED ORDINARY DIVIDEND OF $2.64 PER SHARE​.QTRLY OPERATING CASH FLOW (EBIDTA - CAPEX) $177 MILLION VERSUS $136 MILLION.‍FOR LATAM SEGMENT, EXPECT 2018 SERVICE REVENUE GROWTH OF 2-4% AND EBITDA GROWTH OF 3-6% YEAR-ON-YEAR IN CONSTANT CURRENCY​.SEES ‍CAPITAL EXPENDITURES OF APPROXIMATELY $1 BILLION FOR LATAM SEGMENT IN 2018 ​.Q4 REVENUES WERE SEEN AT $1,577 MILLION, EBITDA SEEN AT $542 MILLION, DIVIDEND SEEN AT $2.64/SHARE, ACCORDING TO REUTERS POLL.  Full Article

Millicom's Tigo El Salvador Signs Agreement To Sell And Lease Back Towers To SBA
Tuesday, 6 Feb 2018 04:05pm EST 

Feb 6 (Reuters) - Millicom ::MILLICOM'S TIGO EL SALVADOR SIGNS AGREEMENT TO SELL AND LEASE BACK TOWERS TO SBA.SAYS TIGO EL SALVADOR WILL RECEIVE APPROXIMATELY US$145 MILLION IN CASH.‍UNIT TELEMOVIL EL SALVADOR S.A AGREED TO SELL UP TO APPROXIMATELY 800 WIRELESS COMMUNICATIONS TOWERS​.‍TWO COS HAVE ENTERED INTO A LONG-TERM AGREEMENT WHEREBY SBA WILL PROVIDE TIGO EL SALVADOR WITH WIRELESS COMMUNICATIONS TOWERS​.SAYS TRANSACTION IS EXPECTED TO CREATE SAVINGS IN BOTH CAPITAL AND OPERATING EXPENDITURES FOR TIGO EL SALVADOR.SAYS TRANSACTION IS EXPECTED TO CREATE SAVINGS IN BOTH CAPITAL AND OPERATING EXPENDITURES FOR TIGO EL SALVADOR.  Full Article

Millicom Says Subsidiary Tigo Acquires Spectrum In Paraguay
Friday, 5 Jan 2018 01:50pm EST 

Jan 5 (Reuters) - Millicom ::ACQUIRES SPECTRUM IN PARAGUAY.CO'S SUBSIDIARY TELEFÓNICA CELULAR DEL PARAGUAY SA HAS ACQUIRED THREE OF SEVEN AVAILABLE BLOCKS OF 2X5MHZ SPECTRUM IN 700MHZ BAND​.‍TIGO ACQUIRED SPECTRUM AT A TOTAL COST OF $36.325M, PLUS CERTAIN SOCIAL AND NETWORK COVERAGE OBLIGATIONS​.  Full Article

Millicom Sells Part Of Its Stake In Bima
Tuesday, 19 Dec 2017 11:00am EST 

Dec 19 (Reuters) - Millicom International Cellular Sa ::MILLICOM SELLS PART OF ITS STAKE IN BIMA.Millicom announced today that it has reduced its ownership stake in BIMA from 20.4% to 12.0% as part of a transaction that sees Allianz X investing $96.6m in the micro-insurance business. As a result of the transaction, Millicom receives $24m in cash..  Full Article

Millicom says to sell Rwanda business to Bharti Airtel
Tuesday, 19 Dec 2017 02:30am EST 

Dec 19 (Reuters) - Millicom ::TO SELL ITS RWANDA BUSINESS TO BHARTI AIRTEL.SAYS ‍TOTAL CONSIDERATION OF TRANSACTION IS APPROXIMATELY 6X 2017 ADJUSTED EBITDA, PAYABLE OVER TWO YEARS, CONSISTING OF A MIX OF CASH, VENDOR LOAN NOTE AND EARN OUT​.SAYS ‍TRANSACTION IS SUBJECT TO REGULATORY APPROVALS​.  Full Article

Millicom CFO expects muted margins in Colombia in next couple of quarters
Wednesday, 25 Oct 2017 06:55am EDT 

Oct 25 (Reuters) - Millicom International CFO Tim Pennington tells Reuters::Says expects margins in Colombia to be muted in the next couple of quarters.Says important to invest in growth in the next couple of quarters in Colombia .Q3 EBITDA margin in Columbia fell to 25.0 pct, vs 28.5 pct in Q3 2016, while group margin was 36.8 pct.Colombia accounted for nearly 30 pct of group revenue in Q3 .  Full Article

Millicom says returns to positive revenue growth
Tuesday, 24 Oct 2017 04:00pm EDT 

Oct 24 (Reuters) - Millicom International Cellular SA - :Luxembourg, 24 October 2017 - Millicom returns to positive revenue growth.‍Qtrly revenue $1.51 billion versus $1.49 billion.Qtrly ‍ocf (EBIDTA - CAPEX) $314 million versus $328 million​.‍For q4, sees year-on-year constant currency service revenue growth in range of 2% to 4% for Latin American region‍​.For q4, sees EBIDTA growth of 4% to 6% for Latin America region.  Full Article

Millicom issues 10-year corporate bond
Wednesday, 20 Sep 2017 12:03pm EDT 

Sept 20 (Reuters) - Millicom International Cellular Sa :Millicom issues 10-year corporate bond, completes tender offer and satisfies redemption condition.has successfully issued a $500 million bond at par with a fixed coupon of 5.125%.Millicom intends to use the remaining bond proceeds, plus cash on hand, to redeem all Notes that remain outstanding pursuant to the Conditional Redemption Notice that was delivered on 11 September 2017, and confirms that the condition described in the Conditional Redemption Notice has now been satisfied .  Full Article

Millicom conditionally accepts $187 mln of notes for purchase in tender offer
Monday, 18 Sep 2017 09:37am EDT 

Sept 18 (Reuters) - Millicom :Millicom announces results of tender offer.Says ‍it has conditionally accepted for purchase $187.3 million in aggregate principal amount of notes.  Full Article

Millicom says pricing of $500 mln senior notes due 2028
Wednesday, 13 Sep 2017 04:10pm EDT 

Sept 13 (Reuters) - Millicom :Millicom announces the pricing of $500 million senior notes.Pricing of its $500 million 5.125 percent senior notes due 2028 , which are intended to be issued on 20 September 2017.  Full Article