Millicom International Cellular SA
TIGO: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $$$ | LOCK|Sv^c& | LOCK|W%RDqP |
Millicom Earnings: Growth Accelerates Modestly on Disciplined Pricing
Millicom delivered 5% revenue growth in the third quarter, adjusted for acquisitions and currency movements, in line with recent trends. On the same basis, wireless and consumer fixed-line growth both accelerated modestly, to 7.2% and 3.4%, respectively. Lumpy business services revenue was soft.
