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

Globales · Operators28/01/2026

Warning to telcos: Job cuts may leave them vulnerable and unable to innovate

According to an MTN report, operators are continually adjusting their workforce under the pretext of improving dividends, while also taking advantage of the growing presence of AI. However, one possible consequence is excessive staff turnover and the loss of know-how, particularly in cybersecurity.

Globales · Equipment Providers and Network Solutions19/11/2025

Pressed by weak results, Nokia relaunches with a renewed focus on AI

The Finnish provider announced a broad restructuring with two major business units: one dedicated to network infrastructure and another to mobile infrastructure. It is also creating a defense-focused segment and grouping non-core businesses into a portfolio unit. The company aims to increase its operating income by 50% over the next three years.

Globales · Operators · Equipment Providers and Network Solutions20/11/2025

33 operators now offer differentiated connectivity services

The newly released Ericsson Mobility Report 2025 indicated that these CSPs have 65 commercial proposals. Another 53 proposals are in the testing phase. The focus is on network slicing to provide differentiated connectivity services through 5G SA networks.

América Latina · Operators07/11/2025

After the buying rally, Millicom reports strong third-quarter results

Revenue totaled US$ 1.42 billion, showing a slight decrease of 0.7% compared to a year earlier, but operating profit grew by more than 30%, and adjusted EBITDA increased by 18.7%. The quarter ended with 42.2 million mobile customers and 13.7 million RGUs.

América Latina · Operators06/11/2025

In a challenging environment, Liberty Latin America manages to sustain its revenue and improve margins

Revenue grew 2% year over year in the third quarter of 2025. Net income was positive at US$ 3 million, compared to a negative US$ 436 million last year. During the period, the company added more than 101,000 new postpaid mobile accounts, driven by growth in Costa Rica.

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

Warning to telcos: Job cuts may leave them vulnerable and unable to innovate

According to an MTN report, operators are continually adjusting their workforce under the pretext of improving dividends, while also taking advantage of the growing presence of AI. However, one possible consequence is excessive staff turnover and the loss of know-how, particularly in cybersecurity.

Pressed by weak results, Nokia relaunches with a renewed focus on AI

33 operators now offer differentiated connectivity services

The newly released Ericsson Mobility Report 2025 indicated that these CSPs have 65 commercial proposals. Another 53 proposals are in the testing phase. The focus is on network slicing to provide differentiated connectivity services through 5G SA networks.

After the buying rally, Millicom reports strong third-quarter results

Revenue totaled US$ 1.42 billion, showing a slight decrease of 0.7% compared to a year earlier, but operating profit grew by more than 30%, and adjusted EBITDA increased by 18.7%. The quarter ended with 42.2 million mobile customers and 13.7 million RGUs.

In a challenging environment, Liberty Latin America manages to sustain its revenue and improve margins

Revenue grew 2% year over year in the third quarter of 2025. Net income was positive at US$ 3 million, compared to a negative US$ 436 million last year. During the period, the company added more than 101,000 new postpaid mobile accounts, driven by growth in Costa Rica.

A DIARIO LATINO 30-01-2026

Alberto Jara and Romina Garrido seen as front-runners for Kast’s Subtel

Unifique buys Ligga’s 3.5 GHz spectrum

Rising sanctions on the telecommunications sector could put internet access at risk

Bolivia’s Entel and Chile’s Claro create route linking the Atlantic and the Pacific

Presidential elections in Costa Rica: Three leading candidates with three different digital agendas