Millicom International Cellular SA SEDR

TIGO SDB: XSTO (SWE)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	SEK 696.00	Cvbwpx	Pdplnxw

Millicom Is Poised to Build Value in Latin America as Telecom Markets Consolidate

Michael Hodel

Feb 22, 2023

Business Strategy and Outlook

Millicom is a collection of telecom businesses serving nine countries in Latin America. Economic and political challenges in certain markets, combined with a weak Colombian peso, have hindered recent financial results. However, we expect that continued smartphone and broadband adoption will allow the firm to generate solid growth and cash flow in the coming years.

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