In the third quarter of 2024, the operator added 470,000 new subscriptions compared to the same period in 2023, and totaled 41.1 million mobile customers. But sales grew only 0.5%, to US$1.43 billion. By country, Guatemala led sales, with US$350 million.

Millicom's Q3 2024 revenues remained practically stable compared to a year earlier. The Latin American operator posted revenues of US$1.43 billion, down 0.5% year-on-year.

Read full article

MORE ANALYSIS

México · Spectrum09/09/2026

Opportunity opens up: Mexico to cut spectrum costs by 12% in 2027

In its proposed budget for next year, the Treasury Secretariat proposed changes to key spectrum bands for 5G deployment, including the 3.5 GHz band.

América Latina · Smartphones & Devices31/08/2026

Regional smartphone market plunged 10% in second quarter

This is compared with the same period in 2025. The causes were higher memory and SoC costs, as well as the impact of sales channels increasing their inventories in anticipation of the price increase.

República Dominicana · Operators24/08/2026

Viettel enters the market and targets Claro, Altice and Viva

The Vietnamese operator, which is already present on the other side of the island in Haiti, was awarded 240 MHz of spectrum. What will be the first steps for the new fourth player entering a market with more than 11 million mobile lines?

Uruguay · Operators13/08/2026

At Antel Summit 2026, Uruguayan operator identifies reducing the AI access gap as a challenge

Antel held the technology event at Antel Arena under the theme “Real-time sovereignty.” Vice President Pablo Álvarez said having a state-owned telecommunications company is an advantage in addressing the challenges of the Fourth Industrial Revolution. Director Laura Raffo, meanwhile, spoke about AI: “It is not just about access to the tool, but also about how to use it and how to provide training for its use.”

Argentina · Operators12/08/2026

Telecom posts 13.4% increase in consolidated sales in first half

The operator posted a US$410 million profit in the first half, partly boosted by foreign exchange gains. Consolidated revenue totaled US$3.385 billion, up 13.4% year on year. It ended the period with 19.4 million mobile accesses, down 7.1%, and 4.2 million broadband accesses, up 2.7%. The results included Telefónica’s contribution.

List all analysis

Millicom's revenues remain stable despite adding more mobile services

In the third quarter of 2024, the operator added 470,000 new subscriptions compared to the same period in 2023, and totaled 41.1 million mobile customers. But sales grew only 0.5%, to US$1.43 billion. By country, Guatemala led sales, with US$350 million.

MORE ANALYSIS

Opportunity opens up: Mexico to cut spectrum costs by 12% in 2027

In its proposed budget for next year, the Treasury Secretariat proposed changes to key spectrum bands for 5G deployment, including the 3.5 GHz band.

Regional smartphone market plunged 10% in second quarter

This is compared with the same period in 2025. The causes were higher memory and SoC costs, as well as the impact of sales channels increasing their inventories in anticipation of the price increase.

Viettel enters the market and targets Claro, Altice and Viva

The Vietnamese operator, which is already present on the other side of the island in Haiti, was awarded 240 MHz of spectrum. What will be the first steps for the new fourth player entering a market with more than 11 million mobile lines?

At Antel Summit 2026, Uruguayan operator identifies reducing the AI access gap as a challenge

Telecom posts 13.4% increase in consolidated sales in first half

A DIARIO LATINO 09-10-2026

Equinix expects to achieve 28 years’ worth of growth in just five years in Brazil

Garrido unveils National Digital Plan with ambitious targets

Government seeks to streamline rules for commercial space launches

SpaceX seeks Apollo financing for US$40 billion in Nvidia chip purchases

Mega launches package with up to 5 Gbps symmetrical speeds and Wi-Fi 7