Year-on-year improvement in its revenue in the first quarter of 2024 was 8.6%, of which 5 percentage points were due to the strength of the currencies of Colombia and Costa Rica. Good organic performance was observed in Colombia, Panama and Guatemala. Mobile subscriptions rose to 7.34 million.

Millicom, which operates in Latin America under the Tigo brand, reported revenues of US$1,487 billion in the first quarter of 2024, with a growth of 8.6% compared to the same period in 2023.

Read full article

MORE ANALYSIS

México · Regulation · Spectrum17/07/2026

CRT’s plan for spectrum auction to enable private industrial networks

Interested parties will be able to submit questions about the tender proposal starting August 3. Bids will be submitted on November 19. A total of 240 10 MHz blocks will be auctioned. Any spectrum not requested will go to a second sealed-bid round.

Globales · Hardware16/07/2026

Chip industry alert: Helium supply at risk again

The element is critical for the semiconductor industry. Its price has doubled since March due to the war in the Persian Gulf. Global supply is declining.

Argentina · E-Government15/07/2026

Redam to open implementation of Federal Public Innovation Agenda

The interoperability of the Delinquent Child Support Debtors Registry (Registro de Deudores Alimentarios Morosos, Redam) will be the first project under the Federal Public Innovation Agenda, an initiative promoted by CAF and FederAI to integrate digital services across provinces.

Uruguay · Mobile · Fixed Broadband · Operators14/07/2026

Fixed network data traffic becomes the core of operators' business

According to data from regulator Ursec, revenue from data transmission and internet services grew 7% during 2025, while fixed network infrastructure expanded 4%. Revenue from mobile services was virtually unchanged.

Globales · Submarine Cables13/07/2026

ITU approves global report to strengthen submarine cable resilience

Convergencialatina interviewed Tomas Lamanauskas, deputy secretary-general of the ITU, following the publication of the recommendations report. He highlighted the “strong consensus” that led to its approval at the close of the WSIS Forum 2026, held last week in Geneva.

List all analysis

Millicom improves revenues thanks to coin game

Year-on-year improvement in its revenue in the first quarter of 2024 was 8.6%, of which 5 percentage points were due to the strength of the currencies of Colombia and Costa Rica. Good organic performance was observed in Colombia, Panama and Guatemala. Mobile subscriptions rose to 7.34 million.

MORE ANALYSIS

CRT’s plan for spectrum auction to enable private industrial networks

Interested parties will be able to submit questions about the tender proposal starting August 3. Bids will be submitted on November 19. A total of 240 10 MHz blocks will be auctioned. Any spectrum not requested will go to a second sealed-bid round.

Chip industry alert: Helium supply at risk again

The element is critical for the semiconductor industry. Its price has doubled since March due to the war in the Persian Gulf. Global supply is declining.

Redam to open implementation of Federal Public Innovation Agenda

The interoperability of the Delinquent Child Support Debtors Registry (Registro de Deudores Alimentarios Morosos, Redam) will be the first project under the Federal Public Innovation Agenda, an initiative promoted by CAF and FederAI to integrate digital services across provinces.

Fixed network data traffic becomes the core of operators' business

According to data from regulator Ursec, revenue from data transmission and internet services grew 7% during 2025, while fixed network infrastructure expanded 4%. Revenue from mobile services was virtually unchanged.

ITU approves global report to strengthen submarine cable resilience

Convergencialatina interviewed Tomas Lamanauskas, deputy secretary-general of the ITU, following the publication of the recommendations report. He highlighted the “strong consensus” that led to its approval at the close of the WSIS Forum 2026, held last week in Geneva.

A DIARIO LATINO 17-07-2026

ICE accelerates 5G network deployment

ProInversión to launch promotion process to bring internet to Madre de Dios

Studies confirm D2D will not replace mobile phone towers

CRT’s plan for spectrum auction to enable private industrial networks

Uber announces acquisition of PedidosYa in 13 countries across the region for US$13.7 billion