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 · Operators04/06/2025

Telefónica to strengthen its balance sheet after selling off all Latin American operations

Average revenue per customer, EBITDA, and employee productivity would grow. And it would lighten the company in the face of the possibility of a new European single market, which it is promoting along with other major operators in the region.

América Latina · Operators03/06/2025

GSMA: The mobile economy is on track to reach 10% of Latin America's GDP

According to the report presented at M360 - CLTD, held days ago in Mexico City, the mobile economy will reach 8.6% of the regional product by 2030. The trends driving this growth are the massive adoption of 5G, the development of AI, enterprise digital transformation, and the increase in data consumption.

Argentina · Operators21/05/2025

Telecom had only one option: show the results of Telefónica Móviles Argentina

Experts asserted that the presentation of Telefónica Móviles' results within Telecom's balance sheet does not constitute a violation of a previous rule from the Ministry of Commerce that prevents the integration of Telefónica into Telecom while the Competition Commission issues a ruling on the acquisition.

América Latina · Operators19/05/2025

Millicom increased profits despite lower sales

The volatility of regional currencies against the dollar and the suspension of B2B business impacted the financial results. The operator reached 41.6 million mobile users, with strong growth in the postpaid subscriber base.

Globales · Operators14/05/2025

Telefónica's results were hit by divestitures in Argentina and Peru

It posted a loss of €1.304 billion in the first quarter of 2025, mainly due to losses of €1.731 billion from the sales of its subsidiaries in Argentina and Peru. The customer base reached 354 million accesses, driven by fiber rollout and, to a lesser extent, mobile postpaid.

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

Telefónica to strengthen its balance sheet after selling off all Latin American operations

Average revenue per customer, EBITDA, and employee productivity would grow. And it would lighten the company in the face of the possibility of a new European single market, which it is promoting along with other major operators in the region.

GSMA: The mobile economy is on track to reach 10% of Latin America's GDP

Telecom had only one option: show the results of Telefónica Móviles Argentina

Millicom increased profits despite lower sales

The volatility of regional currencies against the dollar and the suspension of B2B business impacted the financial results. The operator reached 41.6 million mobile users, with strong growth in the postpaid subscriber base.

Telefónica's results were hit by divestitures in Argentina and Peru

It posted a loss of €1.304 billion in the first quarter of 2025, mainly due to losses of €1.731 billion from the sales of its subsidiaries in Argentina and Peru. The customer base reached 354 million accesses, driven by fiber rollout and, to a lesser extent, mobile postpaid.

A DIARIO LATINO 04-06-2025

Abrint introduced a dynamic sharing model proposal for the 6 GHz band during the CITEL event

Amazonia 5G gears up to start 5G services this year

T-Mobile launched the trial of its D2D service with Starlink

Telefónica to strengthen its balance sheet after selling off all Latin American operations

FCC approved Globalstar's request to expand its constellation for D2D services