In Latin America, revenues from services in the third quarter were US$ 1.318 billion, a decrease of 4.7% due to the impact of COVID-19 and the conversion of currencies of Colombia and Paraguay. The operator reached 39.5 million mobile users, which contribute 60% of its revenues from services in the region.

In Latin America, revenues in the third quarter were US$ 1.445 billion, when in that same period of 2019 reached around US$ 1.5 billion and the operator's service income fell 4.7% year-on-year and reached US$ 1.318 billion in that period, although they improved compared to the US$ 1.27 billion in the second quarter, driven by an improvement in mobile telephony in the prepaid segment in all countries.

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Colombia · Regulation · Operators30/03/2026

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Millicom's revenue in Latam fell 3.7% in Q3

MORE ANALYSIS

What business model will Oxio implement in Mexico

The company will manage the 21 million customers it acquired from Telefónica, for which it will implement its TaaS platform. But it could also pursue a wholesale offering for other MVNOs to operate on AT&T's network.

5G site deployment in Argentina grew 22% in six months, but standalone 5G remains distant

Two years after the spectrum auction, 8% of accesses are now on 5G. Personal has already activated its 5G Standalone (SA) core, but monetization has yet to materialize. Operators say use cases for 5G SA are still not mature.

6G: Mobile networks as the connective fabric of physical AI

At the recent MWC in Barcelona, the telco sector framed 6G as a structural transformation that will position mobile networks as the backbone of physical AI, on the path toward direct integration between algorithms, physical assets and other autonomous systems.

Telecom investment rises through coverage commitments

The latest official data indicate that the amounts involved this year will reach US$1.619 billion, 27% higher than in 2025. The focus of investments will be on meeting coverage commitments for 4G and 5G.

Colombia market sits between duopoly and the need to protect a third player

Millicom consolidated Tigo’s operation by acquiring the 50% stake held by EPM and later by purchasing Telefónica’s operation. It is now competing on equal footing with Claro. Meanwhile, Wom is recovering after bankruptcy proceedings, which concluded with a change in ownership.

A DIARIO LATINO 21-04-2026

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