Friday, November 08, 2024

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.

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

América Latina · Operators11/05/2026

Liberty Latin America consolidated postpaid growth in the first quarter

The operator added 50,000 new lines across the countries in which it operates, with Costa Rica, Panama, and Jamaica standing out. It also recorded slight increases in RGUs in Costa Rica and Jamaica. Total revenues reached US$1.083 billion, in line with the same period a year earlier.

América Latina · Operators12/05/2026

Millicom acquisitions drive 45% revenue growth

Revenue rounded out at US$2 billion in the first quarter of 2026. Mobile customers reached 57.3 million, a 37.8% increase compared with a year earlier.

Globales · Smartphones & Devices30/04/2026

Smartphone market tracks rising memory costs

Analyst Omdia said first-quarter sales rose 1% compared to a year earlier, driven by inventory build-up across distribution channels to get ahead of future price increases. Samsung maintains global leadership.

América Latina · Operators22/04/2026

Strong jump in América Móvil profits on organic growth

The operator posted a 25.1% year-on-year increase in net profit, reaching US$1.31 billion. Total revenue stood at US$13.53 billion, up 2.1% from a year earlier. During the period, it added 3 million mobile subscribers and 594,000 broadband accesses. This aligns with standard journalistic and financi

México · Operators13/04/2026

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.

List all analysis

A DIARIO LATINO 14-05-2026

Panamá · Regulation · Spectrum 13/05/2026

Asep to set mobile spectrum fees

América Latina · Regulation · Operators 13/05/2026

GSMA M360 Latam and CLTD kick off in Mexico

Globales · Politics 13/05/2026

Tech leaders accompany Trump on China trip

List all news