Millicom International Cellular SA SEDR
TIGO SDB: XSTO (SWE)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| SEK 925.00 | Cfmwgsf | Mgcydchb |
Millicom Is Poised to Build Value in Latin America as Telecom Markets Consolidate
/s3.amazonaws.com/arc-authors/morningstar/12c6871b-2322-44d8-bd98-0437fa1a0a07.jpg)
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.