Thursday, April 29, 2021

Millicom once again registers profit and claims there is a recovery in activity to pre-Covid levels

The operator today presented its financial results for Q1. Income remained stable in the year-on-year comparison, while the net profit was once again positive –US$ 42 million-, compared to a loss of US$ 122 million that had been registered between January and March 2020.

Millicom's balance sheet for the January-March 2021 period shows clear signs of recovery within the framework of the new normal. Revenues totaled US$ 1.088 billion, equivalent to the same period of 2020. Operating profit reached US$ 115 million, a 13.9% year-on-year decrease, while net profit was positive, of US$ 42 million.

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Regional · Operators29/04/2021

Millicom once again registers profit and claims there is a recovery in activity to pre-Covid levels

The operator today presented its financial results for Q1. Income remained stable in the year-on-year comparison, while the net profit was once again positive –US$ 42 million-, compared to a loss of US$ 122 million that had been registered between January and March 2020.

Regional · Operators28/04/2021

América Móvil's net income increased 106.3% in Q1 due to a substantial decrease in financing costs

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Perú · Mobile · Fixed Broadband · Operators20/04/2021

Particular strategies for debut of commercial 5G over 3.5 GHz

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Argentina · Mobile31/03/2021

Mobile operators to conquer the Smart Cities business with NB-IoT

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