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millicom intl cellular q1 2026 earnings call transcript

TAX_FNCACT_CHIEF_EXECUTIVE_OFFICERWB_2670_JOBSWB_2769_JOBS_STRATEGIESWB_2840_INTEGRATION

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AI insight

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Millicom (TIGO) reported strong Q1 2026 results driven by acquisitions and organic growth in Latin American markets. The company's revenue and EBITDA growth reflect successful integration and market expansion, particularly in Colombia and Guatemala. The commercial mechanism is company-specific: improved revenue and margin from telecom services in emerging markets, with no direct commodity or supply chain disruption. Impact is single-company/supply-chain-specific.

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  • Q1 2026 service revenue $1.9B, +45% YoY
  • Added 5.6M postpaid customers
  • Organic service revenue growth 4.9%
  • Adjusted EBITDA $857M, margin 43.2%
  • Completed significant acquisitions in Colombia

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