tp:news tp:research tp:events Telecompaper SECTIONS SUBSCRIPTIONS GENERAL Millicom Q3 revenues rise 7% to USD 1.1 bln, adds 764,000 LatAm mobile clients Thursday 28 October 2021 | 13:48 CET | News Millicom, owner of Tigo-branded operations across Latin America and Africa, reported a 6.5 percent year on year rise in revenues to USD 1.09 billion in the third quarter of 2021, a similar result to the previous quarter, driven by accelerated customer growth in Colombia coupled with higher sales in El Salvador. The company's overall operating profit more than doubled (+103.6%) to USD 197 million thanks to increased profitability in Guatemala. THANK YOU FOR VISITING TELECOMPAPER Sign up below to get access to the rest of this article and all the telecom news you need. Register free and gain access to even more articles from Telecompaper. Register here Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts. SUBSCRIPTIONS ALREADY REGISTERED? Remember me Categories: General Companies: Millicom / Tigo Countries: Africa / Latin America ::: add a comment ADD COMMENT Please login or register to leave a comment. We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper. RELATED Tigo Colombia activates first 700MHz antenna in digital divide locality Published 24 Nov 2021 11:10 CET | Colombia Colombian operator Tigo (Millicom) has activated its first 4G antenna connected to the 700MHz band in the rural locality of ... Millicom closes USD 2.2 bln Tigo Guatemala deal Published 15 Nov 2021 08:48 CET | Guatemala Millicom, owner of Tigo-branded operations across Latin America and Africa, said it has already closed an agreement to acquire ... Millicom pays USD 2.2 bln to acquire full control of Tigo Guatemala Published 12 Nov 2021 08:51 CET | Central America Millicom, owner of Tigo-branded operations across Latin America and Africa, has signed an agreement to acquire the remaining 45 ... Tigo to host first connected teacher congress in Latin America Published 10 Nov 2021 11:26 CET | Latin America Tigo (Millicom) has announced the launch of the first 'Maestr@s Conectad@s' (Connected Teachers) Congress in Latin America ... Salvadoran mobile lines up 8% to 10.2 mln in Q2 Published 01 Nov 2021 11:23 CET | El Salvador The number of active mobile lines in El Salvador rose 7.6 percent year on year to 10.2 million at the end of June 2021, according ... Tigo El Salvador to invest USD 100 mln in rural connectivity drive Published 27 Oct 2021 11:25 CET | El Salvador Tigo El Salvador (Millicom) has announced plans to invest around USD 100 million to connect more than 350,000 inhabitants of ... TiVo expands IPTV platform to Latin America with Tigo Published 08 Oct 2021 11:28 CET | Latin America TiVo, part of Xperi since last summer, said its IPTV platform is now available to customers of Millicom's Tigo brand throughout ... Millicom and Real Madrid strike deal to boost LatAm social sports projects Published 28 Sep 2021 11:40 CET | Latin America Millicom, owner of Tigo-branded operations across Latin America and Africa, said it has signed an agreement with the charitable ... Tigo Panama to connect 200 digital divide localities by end-year Published 17 Sep 2021 11:12 CET | Panama Tigo Panama (Millicom) has announced that 114 new localities have been connected to its network under expansion plans that will ... Paraguay renews Claro and Tigo 4G concessions following investment pledges Published 01 Sep 2021 11:15 CET | Paraguay Paraguayan regulator Conatel said it has agreed to renew the 4G concessions of Claro (America Movil) and Tigo (Millicom) after ... Millicom revenues up 12% to USD 1.1 bln in Q2, resumes share buyback Published 29 Jul 2021 12:30 CET | Latin America Millicom, owner of Tigo-branded operations across Latin America and Africa, reported a 12.3 percent year on year rise in revenues ... Tigo to invest further USD 250 mln in Panama network upgrade Published 15 Jul 2021 10:58 CET | Panama Emerging markets telecommunications group Millicom, owner of Tigo-branded operations across Latin America, has committed to ... Ericsson awarded USD 135 mln Millicom LatAm network upgrade deal Published 08 Jul 2021 14:14 CET | Bolivia Emerging markets telecommunications group Millicom, owner of Tigo-branded operations across Latin America, said it will be ... Colombian number portings up 23% to 1.3 mln in Q1 Published 06 May 2021 13:40 CET | Colombia A total of 1.27 million phone numbers were ported to a new operator in Colombia in the first quarter of 2021, up 22.7 percent ... Millicom returns to growth in Q1, adds another 1 mln mobile clients Published 29 Apr 2021 14:15 CET | Latin America Millicom, owner of Tigo-branded operations across Latin America and Africa, reported a 0.1 percent year on year rise in revenues ... Millicom divests Tanzania and Ghana operations to complete Africa exit Published 19 Apr 2021 10:10 CET | Africa Emerging markets telecommunications group Millicom, owner of Tigo-branded operations across Latin America and Africa, has ... Millicom slows revenue decline to 5% in Q4, LatAm customers up 5% Published 11 Feb 2021 14:21 CET | Latin America Millicom, owner of Tigo-branded operations across Latin America and Africa, reported a 5.3 percent year on year decline in ... Lesina named Millicom Executive VP, Chief External Affairs Officer Published 02 Nov 2020 16:02 CET | Latin America Millicom, owner of Tigo-branded operations across Latin America and Africa, has announced the appointment of Karim Lesina as its ... Millicom third-quarter revenues down 6.5% YoY, customer base up 2% Published 30 Oct 2020 11:59 CET | Latin America Millicom, owner of Tigo-branded operations across Latin America and Africa, reported a 6.5 percent year on year fall in revenues ... Millicom launches EUR 500 mln senior notes offering Published 19 Oct 2020 15:46 CET | Latin America Millicom has announced plans to sell EUR 500 million of senior notes due in 2031 in a private offering. In a short statement, the ... GENERAL 24 NOV Austria adds 410,000 broadband connections in year to June Austria | News 24 NOV T-Mobile Poland further develops SD-WAN services Poland | News 24 NOV Telefonica slashes price of fibre plan to EUR 14.50 for Black Friday Spain | News 24 NOV Over 500,000 take part in TIM's '4 Weeks 4 Inclusion' event Italy | News 24 NOV Spain's Gigas posts fivefold 9-mth revenue rise to EUR 37 mln Spain | News 24 NOV Vodafone Turkey Foundation's 'Coding Tomorrow' project holds first meeting for village teachers Turkey | News 24 NOV Vodafone lead shrinks in Albania mobile market in Q3 Albania | News 24 NOV Brazil sees 28% drop in telecom complaints in October Brazil | News 24 NOV Altice Portugal donates telecom equipment to cancer hospitals Portugal | News 24 NOV Vodafone Portugal introduces loyalty programme for customers Portugal | News ::: more general RELATED INFO Tigo Colombia activates first 700MHz antenna in digital divide locality 24 Nov | Colombia | News Millicom closes USD 2.2 bln Tigo Guatemala deal 15 Nov | Guatemala | News Millicom pays USD 2.2 bln to acquire full control of Tigo Guatemala 12 Nov | Central America | News Tigo to host first connected teacher congress in Latin America 10 Nov | Latin America | News Salvadoran mobile lines up 8% to 10.2 mln in Q2 1 Nov | El Salvador | News Tigo El Salvador to invest USD 100 mln in rural connectivity drive 27 Oct | El Salvador | News TiVo expands IPTV platform to Latin America with Tigo 8 Oct | Latin America | News Millicom and Real Madrid strike deal to boost LatAm social sports projects 28 Sep | Latin America | News Tigo Panama to connect 200 digital divide localities by end-year 17 Sep | Panama | News Paraguay renews Claro and Tigo 4G concessions following investment pledges 1 Sep | Paraguay | News Millicom revenues up 12% to USD 1.1 bln in Q2, resumes share buyback 29 Jul | Latin America | News Tigo to invest further USD 250 mln in Panama network upgrade 15 Jul | Panama | News Ericsson awarded USD 135 mln Millicom LatAm network upgrade deal 8 Jul | Bolivia | News Colombian number portings up 23% to 1.3 mln in Q1 6 May | Colombia | News Millicom returns to growth in Q1, adds another 1 mln mobile clients 29 Apr | Latin America | News Millicom divests Tanzania and Ghana operations to complete Africa exit 19 Apr | Africa | News Millicom slows revenue decline to 5% in Q4, LatAm customers up 5% 11 Feb | Latin America | News Lesina named Millicom Executive VP, Chief External Affairs Officer 2 Nov 2020 | Latin America | News Millicom third-quarter revenues down 6.5% YoY, customer base up 2% 30 Oct 2020 | Latin America | News Millicom launches EUR 500 mln senior notes offering 19 Oct 2020 | Latin America | News MARKET COMMENTARY 24 NOV Orange buys Voo, leaving 3 options for Telenet 27 OCT Netflix could pull service from SK Broadband to put an end to SK Broadband's demands 8 SEP T-Mobile Netherlands sells for less than expected, strategy unchanged 29 JUL How Open Dutch Fiber is playing KPN and Ziggo against each other 15 JUL Ziggo risks losing more customers from 2022 if it doesn't invest in new content ::: more market commentary BACKGROUND ARTICLES 22 NOV Last week in telecoms: KKR bids for TIM, Peacock starts in Europe and progress on TIP, EU digital laws 15 NOV Last week in telecoms: Proximus, KPN and T-Mobile borrow billions, Inmarsat and McAfee agree takeovers 12 NOV 5G Roundup: new networks, applications taking shape, led by FWA, broadcast and IIoT 8 NOV Last week in telecoms: DT, Orange start rural fibre JVs, BT goes it alone; Q3 reports flag shortages in broadband equipment 1 NOV Last week in telecoms: more fibre JVs, HBO Max starts in Europe, Facebook and Cisco embrace VR ::: more background articles CALENDAR / INDUSTRY EVENTS 24 NOV HbbTV Symposium 29 NOV Partner Communications Q3 2021 30 NOV Microsoft AGM 30 NOV Snapdragon Tech Summit 02 DEC Ooma fiscal Q3 02 DEC Marvell Technology fiscal Q3 ::: more calendar items TWITTER ::: follow FACEBOOK ::: like LINKEDIN ::: connect FREE HEADLINES ::: subscribe now TELECOMPAPER THIS SITE CONTACT INFORMATION LEGAL INFORMATION OK For optimum operation, this website makes use of cookies. 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