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TIGO / Millicom International Cellular Has Numerous Paths To Growth

Millicom International Cellular's net income fell 87% in Q1 2023, causing a 15% drop in share price; however, the company is pursuing growth opportunities and restructuring for long-term profitability. The company's Project Everest is expected to result in $50 million in net savings in 2023 and $100 million in 2024, significantly impacting the company's profitability. Despite potential risks such as discounting and foreign exchange challenges, I believe Millicom's stock is a buy due to its growth potential and depressed valuation. Read More

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Content Topics

Millicom

International

Cellular

Numerous

Paths

Growth

Stock

TIGO

Posted: Jul 25 2023, 07:47

Author Name: Seeking Alpha

TIGO News

By Seeking Alpha
October 26, 2023

Millicom International Cellular S.A. (TIGO) Q3 2023 Earnings Call Transcript

Millicom International Cellular S.A. (NASDAQ:TIGO ) Q3 2023 Earnings Conference Call October 26, 2023 8:00 AM ET Company Participants Mauricio Ramos -

By Seeking Alpha
October 11, 2023

Millicom International Cellular: Revisiting The Upside After Over A Year

My previous article on Millicom is over 10 months old, but the company has shown impressive overall trends compared to other telcos. My position in th

By Seeking Alpha
July 27, 2023

Millicom International Cellular S.A. (TIGO) Q2 2023 Earnings Call Transcript

Millicom International Cellular S.A. (NASDAQ:TIGO ) Q2 2023 Earnings Conference Call July 27, 2023 8:00 AM ET Company Participants Mauricio Ramos - CE

By Seeking Alpha
July 25, 2023

Millicom International Cellular Has Numerous Paths To Growth

Millicom International Cellular's net income fell 87% in Q1 2023, causing a 15% drop in share price; however, the company is pursuing growth opportuni

By Seeking Alpha
June 22, 2023

Millicom International Cellular: There Is Plenty To Fix, But Potential Upside

Latin America's telecom sector is projected to grow by 4.4% from 2022 to 2025, with Millicom being a major player in the market, focusing on countries

By Seeking Alpha
April 29, 2023

Millicom International Cellular S.A. (TIGO) Q1 2023 Earnings Call Transcript

Millicom International Cellular S.A. (NASDAQ:TIGO ) Q1 2023 Earnings Conference Call April 27, 2023 8:00 AM ET Company Participants Mauricio Ramos - C

By Seeking Alpha
February 10, 2023

Millicom International Cellular S.A. (TIGO) Q4 2022 Earnings Call Transcript

Research Solutions, Inc. (RSSS) Q4 2022 Earnings Conference Call February 10, 2023 8:00 AM ET Company Participants Sarah Inmon - Investor Relations Ma

By Seeking Alpha
January 16, 2023

Millicom: Revisiting After 3 Years, Updating My Thesis With A 'Buy'

I wrote about Millicom International Cellular when I first started contributing to Seeking Alpha. However, my risk tolerance was somewhat different, a

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