MILLICOM INTERNATIONAL CELLULAR SA

Millicom (Tigo) announced it will release its second quarter 2026 financial results on August 6, 2026, via a press release. Following the release, the company will host a video conference for the global financial community on the same day at 08:00 (New York) / 14:00 (Luxembourg) / 13:00 (London). Registration is required for interactive participation, while a listen-only option is available via dial-in numbers.

Millicom International Cellular S.A. held its Annual General Meeting (AGM) today, where all proposed resolutions were adopted by shareholders. Key approvals included a dividend distribution of USD 3 per share, payable in four equal installments through April 2027, and the re-election of eight directors, including Maxime Lombardini as Chair. Additionally, shareholders approved the 2025 annual accounts, the Share Repurchase Plan, and the re-election of KPMG as the external auditor.

Millicom International Cellular S.A. reported Q1 2026 financial results, with revenue significantly increasing to $1,985 million from $1,368 million in Q1 2025. However, net profit for the period decreased to $75 million from $219 million year-over-year, and basic EPS fell to $0.65 from $1.14. These figures are not directly comparable to the prior year due to the full consolidation of Coltel since February 6, 2026, and Tigo Uruguay and Tigo Ecuador since October 2025. Key strategic moves included the acquisition of a 67.5% stake in Coltel for $214.4 million and the acquisition of EPM's remaining shares in Tigo Colombia for $571 million, alongside an agreement to sell its MFS business in Paraguay for a base price of $10 million.

Millicom reported Q1 2026 revenue of $1.985 billion, a 45.1% increase year-on-year (4.2% organically), and Adjusted EBITDA of $857 million, up 35.5% (9.6% organically). Net profit attributable to company owners, however, decreased by 43.4% to $109 million. The company significantly strengthened its position in Colombia through the acquisition of EPM's 50% stake in Tigo UNE and Telefónica's majority stake in Coltel, with the remaining Coltel stake acquired post-quarter. Millicom also announced 2026 targets, including EFCF of at least $900 million and year-end leverage around 2.5x, despite incurring severance costs from voluntary retirement plans in Colombia and Chile.

Millicom (TIGO) announced it expects to release its first quarter 2026 results on May 12, 2026, via a press release. The company will also host a video conference for the global financial community on the same day at 08:00 (New York) / 14:00 (Luxembourg) / 13:00 (London). Registration is required for the interactive event, and participants can also join in listen-only mode using provided dial-in numbers and a Webinar ID.

Millicom International Cellular S.A. (TIGO) announced the acquisition of the remaining 32.5% equity stake in Colombia Telecomunicaciones S.A. E.S.P. (Coltel) from La Nación. This finalizes the strategic consolidation, following the successful tender offer for Telefónica's controlling stake in February 2026. The full integration of Coltel is expected to strengthen Millicom's position in Colombia, enhancing scale and investment capacity to accelerate 5G deployment, improve service quality, and support digital inclusion efforts in the country.

Millicom (TIGO) announced the acquisition of the remaining 32.5% equity stake in Colombia Telecomunicaciones S.A. E.S.P. (Coltel) from La Nación. This finalizes the strategic consolidation, following a successful tender offer for Telefónica's controlling stake in February 2026. The full integration of Coltel is expected to create a large-scale, financially viable operator with enhanced investment capacity to accelerate Colombia's digital transformation, including nationwide 5G deployment and improved service quality.

Millicom's subsidiary, Telefónica Celular del Paraguay S.A.E. (Telecel Paraguay), announced its intent to fully redeem $139,712,000 of its 5.875% Senior Unsecured Notes due 2027. The redemption is scheduled for April 29, 2026, at 100% of the principal amount plus accrued interest. This action will eliminate all outstanding notes of this series, reducing the company's debt obligations.

Millicom International Cellular S.A. successfully completed an upsized $87.5 million reopening of its 7.375% Senior Notes due 2032. This offering, a Regulation S private placement to Banco General, S.A., was an increase from the initially priced $75 million. The company intends to use the net proceeds for general corporate purposes, which may include capital expenditures and mergers and acquisitions.

Millicom's Tigo Central America announced an agreement with FOX Latin America, where FOX acquired Tigo Sports' local content, production, and talent across six Central American countries. This transaction allows Tigo to significantly enhance its sports offering for customers, providing access to premium international leagues like the Premier League and Bundesliga, along with full coverage of the FIFA World Cup 2026™. The partnership aims to deliver a broader and more compelling sports experience, including over 800 live events annually, while FOX will launch four new channels in the region.