Edition:
United States

Millicom International Cellular SA (MICsdb.ST)

MICsdb.ST on Stockholm Stock Exchange

546.50SEK
4:56am EDT
Change (% chg)

0.50kr (+0.09%)
Prev Close
546.00kr
Open
547.50kr
Day's High
547.50kr
Day's Low
543.50kr
Volume
10,277
Avg. Vol
116,115
52-wk High
598.50kr
52-wk Low
472.50kr

Latest Key Developments (Source: Significant Developments)

Millicom reports quarterly revenue of $1.54 bln vs $1.47 bln last year
Thursday, 19 Jul 2018 04:05pm EDT 

July 19 (Reuters) - Millicom International Cellular SA ::Q2 EBITDA $551 MILLION VERSUS $524 MILLION LAST YEAR .Q2 LATAM SERVICE REVENUE GROWTH ACCELERATED TO 5.5% FROM 3.9% IN Q1.REITERATING 2018 OUTLOOK, AND NOW EXPECT LATAM SERVICE REVENUE GROWTH NEAR TOP END OF FULL YEAR 2018 OUTLOOK RANGE OF 2-4%.QTRLY REVENUE $1,541 MILLION VERSUS $1,470 MILLION LAST YEAR.Q2 HOME REVENUE GROWTH ACCELERATED TO 12.6% FROM 7.6% IN Q1.QTRLY LATAM EBITDA GROWTH OF 4.4%, UP FROM 1.4% IN Q1.Q2 OPERATING CASH FLOW (EBITDA - CAPEX) $335 MILLION VERSUS $294 MILLION YEAR AGO.SEES 2018 CAPEX APPROXIMATELY $1.0 BILLION.Q2 EARNINGS PER SHARE VIEW $0.35, REVENUE VIEW $1.53 BILLION -- THOMSON REUTERS I/B/E/S.FY2018 REVENUE VIEW $6.17 BILLION -- THOMSON REUTERS I/B/E/S.REUTERS POLL: MILLICOM Q2 REVENUES WERE SEEN AT $1,530 MILLION, EBITDA SEEN AT $551 MILLION.  Full Article

Millicom CEO Ramos Bought 15,400 Shares Of Co In Open Market At Average Price Of SEK 551 Per Share
Thursday, 17 May 2018 02:27pm EDT 

May 17 (Reuters) - Millicom International Cellular SA ::NOTIFICATION OF SHARE PURCHASE TRANSACTION BY MILLICOM CEO.MILLICOM - CEO MAURICIO RAMOS BOUGHT 15,400 SHARES OF CO IN OPEN MARKET AT AVERAGE PRICE OF SEK551 PER SHARE; RAMOS NOW HOLDS 122,310 MILLICOM SHARES.  Full Article

Millicom Q1 revenue $1,516 mln, up 3.9 percent
Tuesday, 24 Apr 2018 04:05pm EDT 

April 24 (Reuters) - Millicom International Cellular SA ::QTRLY REVENUE $1,516 MILLION, UP 3.9 PERCENT.QTRLY EBITDA $554 MILLION VERSUS $542 MILLION LAST YEAR.QTRLY LATAM ORGANIC SERVICE REVENUE GROWTH IMPROVED TO 3.9%, UP 5.2 PERCENTAGE POINTS.QTRLY HOME REVENUE UP 7.6%.STRONG MOMENTUM CO SAW IN SECOND HALF OF 2017 HAS CONTINUED INTO Q1 OF 2018, AND ARE ON TRACK WITH GUIDANCE.QTRLY MOBILE RECOVERY CONTINUES, WITH GROWTH OF 0.9%, WITH MOBILE DATA UP 17.7%.  Full Article

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

Helios Towers ditches 2 billion pound London IPO plan

LONDON Helios Towers has ditched its plans to launch an initial public offering (IPO) in London which was expected to value the business at about 2 billion pounds ($2.8 billion), the African mobile networks operator said on Thursday.