Revenue rounded out at US$2 billion in the first quarter of 2026. Mobile customers reached 57.3 million, a 37.8% increase compared with a year earlier.

Millicom’s revenues grew 45.1% year-on-year in the first quarter of 2026, mainly driven by the acquisition of Coltel in Colombia, as well as the operator’s expansion in the Ecuador and Uruguay markets. In all these cases, growth was also supported by the acquisition of Telefónica assets throughout 2025.

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América Latina · Operators12/05/2026

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Millicom acquisitions drive 45% revenue growth

Revenue rounded out at US$2 billion in the first quarter of 2026. Mobile customers reached 57.3 million, a 37.8% increase compared with a year earlier.

MORE ANALYSIS

Liberty Latin America consolidated postpaid growth in the first quarter

The operator added 50,000 new lines across the countries in which it operates, with Costa Rica, Panama, and Jamaica standing out. It also recorded slight increases in RGUs in Costa Rica and Jamaica. Total revenues reached US$1.083 billion, in line with the same period a year earlier.

Millicom acquisitions drive 45% revenue growth

Revenue rounded out at US$2 billion in the first quarter of 2026. Mobile customers reached 57.3 million, a 37.8% increase compared with a year earlier.

Smartphone market tracks rising memory costs

Analyst Omdia said first-quarter sales rose 1% compared to a year earlier, driven by inventory build-up across distribution channels to get ahead of future price increases. Samsung maintains global leadership.

Strong jump in América Móvil profits on organic growth

The operator posted a 25.1% year-on-year increase in net profit, reaching US$1.31 billion. Total revenue stood at US$13.53 billion, up 2.1% from a year earlier. During the period, it added 3 million mobile subscribers and 594,000 broadband accesses. This aligns with standard journalistic and financi

What business model will Oxio implement in Mexico

The company will manage the 21 million customers it acquired from Telefónica, for which it will implement its TaaS platform. But it could also pursue a wholesale offering for other MVNOs to operate on AT&T's network.

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