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Millicom International Cellular SA SEDR

TIGO SDB: XSTO (SWE)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
SEK 953.00JpghqdrLfqkwlgy

Millicom Needs To Reshape Its Portfolio To Focus on Its Best Markets

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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