Monday, August 11, 2025

Millicom improves net income with infrastructure asset sale

Net profit was US$676 million, driven by the sale of infrastructure to SBA. Total revenue amounted to US$1.37 billion, a 5.9% decrease compared to the second quarter of 2024. Mobile customers totaled 41.8 million, representing a 2.8% year-on-year growth.

Millicom reported mixed financial results in the second quarter of 2025, with an increase in net profit driven by infrastructure sales. Total revenues amounted to US$ 1.37 billion, a decrease of 5.9% compared to Q2 2024.

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