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.

Millicom’s revenues reached US$ 1.374 billion, which represented a 7.6% decline in the first quarter of 2025 compared to what it billed in the same period of 2024. Among the causes of this performance, the operator with a strong presence in Central America, the Caribbean, and South America pointed to currency volatility and the cancellation of B2B projects.

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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.

MORE ANALYSIS

New SG-1 findings prompt a US$63 million funding increase

According to a report from the Cabinet Office, CAF has already disbursed US$160 million for the satellite, and the total cost will amount to US$325 million. The contracts already signed involve expenses of US$223 million.

When crime disrupts the telecommunications business

In recent years, cable theft and attacks on telecommunications infrastructure have increased significantly and are impacting the financial management of operators.

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

Final touches being put on new ENACOM organizational structure

Convergencialatina accessed a draft in which four General Directorates and six National Directorates are established.

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