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.

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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

Telefónica Shareholders Give Broad Support to Murtra's Management

Nokia: Telcos aim for level 4 autonomous networks by 2030

This goal was conveyed to Convergencia by Rodrigo Brito, VP of Autonomous Networks at the company, within the framework of MWC Barcelona 2026. The implementation of "attempts" is key along the way.

Telcos keep losing staff, now due to AI impact

A report by consultancy MTN covering 72 major operators recorded a total of 4.344 million employees in the third quarter of 2025, 2% fewer than a year earlier. Telefónica led the layoffs, reducing its workforce by 10,100 people.

Telefónica reported 2025 losses linked to exceptional events

The sale of four Latin American subsidiaries, along with the layoff of 5,000 employees, generated a negative accounting impact.

Liberty Latin America maintains postpaid, B2B revenue after Melissa hurricane

Its revenues reached US$1.16 billion in the fourth quarter, with a slight year-on-year increase of 1%. Mobile subscribers totaled 6.79 million, while RGUs reached 3.83 million.

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Telefónica Shareholders Give Broad Support to Murtra's Management