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

Colombia · Regulation · Operators30/03/2026

Colombia market sits between duopoly and the need to protect a third player

Millicom consolidated Tigo’s operation by acquiring the 50% stake held by EPM and later by purchasing Telefónica’s operation. It is now competing on equal footing with Claro. Meanwhile, Wom is recovering after bankruptcy proceedings, which concluded with a change in ownership.

Globales · Operators27/03/2026

Telefónica Shareholders Give Broad Support to Murtra's Management

The Shareholders' Meeting approved all the proposals of the Board of Directors, led by Marc Murtra. In an emphatic speech, the CEO affirmed that the current management is fulfilling its promises, highlighted the figures achieved in 2025, and asserted that they are on track to become "one of the best telcos in Europe."

Globales · Equipment Providers and Network Solutions11/03/2026

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.

Globales · Operators25/02/2026

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.

Globales · Operators24/02/2026

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.

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

Colombia market sits between duopoly and the need to protect a third player

Millicom consolidated Tigo’s operation by acquiring the 50% stake held by EPM and later by purchasing Telefónica’s operation. It is now competing on equal footing with Claro. Meanwhile, Wom is recovering after bankruptcy proceedings, which concluded with a change in ownership.

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.

A DIARIO LATINO 31-03-2026

Baigorri’s candidacy for ITU deputy secretary-general post

Peru has 3,889 5G antennas deployed nationwide

Colombia market sits between duopoly and the need to protect a third player

Vodafone and AST SpaceMobile make first D2D video call in Ireland

Omdia: Global cloud infrastructure services spending rose 29% in Q4 2025