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An update from Millicom International Cellular SA ( (TIGO) ) is now available.
On January 11, 2025, three directors of Millicom International Cellular S.A. acquired shares in Atlas Investissement, a major indirect shareholder of Millicom, as part of a free share plan dated January 11, 2024. This transaction highlights the involvement and investment of the company’s leadership in its significant shareholders, potentially impacting the company’s governance and aligning the interests of directors with those of major shareholders.
More about Millicom International Cellular SA
Millicom International Cellular S.A. is a leading telecommunications service provider operating under the TIGO and Tigo Business brands in Latin America. The company offers a variety of digital services including mobile financial services, local entertainment, pay TV, high-speed data, and business solutions such as cloud and security. As of September 30, 2024, Millicom had around 15,000 employees, servicing over 46 million customers with its mobile and fiber-cable services, and has a significant fiber-cable presence reaching over 14 million homes.
YTD Price Performance: 12.08%
Average Trading Volume: 151,529
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.22B
For a thorough assessment of TIGO stock, go to TipRanks’ Stock Analysis page.
