The group expanded its scale, demonstrating the effectiveness of its model focused on profitability and cash flow. Revenue reached US$ 2.179 billion. The mobile customer base increased 33.6% year over year to 55.8 million users. In the fixed business, the group’s networks now pass more than 22.1 million homes.

Millicom, which operates in Latin America under the Tigo brand and significantly expanded since 2025 after acquiring Telefónica’s assets, reported strong second-quarter 2026 results, marked by the integration of its recent acquisitions in Colombia (Coltel), Ecuador and Uruguay. The group expanded its scale, demonstrating the effectiveness of its model focused on profitability and cash flow.

Read full article

MORE ANALYSIS

México · Spectrum09/09/2026

Opportunity opens up: Mexico to cut spectrum costs by 12% in 2027

In its proposed budget for next year, the Treasury Secretariat proposed changes to key spectrum bands for 5G deployment, including the 3.5 GHz band.

América Latina · Smartphones & Devices31/08/2026

Regional smartphone market plunged 10% in second quarter

This is compared with the same period in 2025. The causes were higher memory and SoC costs, as well as the impact of sales channels increasing their inventories in anticipation of the price increase.

República Dominicana · Operators24/08/2026

Viettel enters the market and targets Claro, Altice and Viva

The Vietnamese operator, which is already present on the other side of the island in Haiti, was awarded 240 MHz of spectrum. What will be the first steps for the new fourth player entering a market with more than 11 million mobile lines?

Uruguay · Operators13/08/2026

At Antel Summit 2026, Uruguayan operator identifies reducing the AI access gap as a challenge

Antel held the technology event at Antel Arena under the theme “Real-time sovereignty.” Vice President Pablo Álvarez said having a state-owned telecommunications company is an advantage in addressing the challenges of the Fourth Industrial Revolution. Director Laura Raffo, meanwhile, spoke about AI: “It is not just about access to the tool, but also about how to use it and how to provide training for its use.”

Argentina · Operators12/08/2026

Telecom posts 13.4% increase in consolidated sales in first half

The operator posted a US$410 million profit in the first half, partly boosted by foreign exchange gains. Consolidated revenue totaled US$3.385 billion, up 13.4% year on year. It ended the period with 19.4 million mobile accesses, down 7.1%, and 4.2 million broadband accesses, up 2.7%. The results included Telefónica’s contribution.

List all analysis

Millicom consolidates regional expansion in record second quarter

MORE ANALYSIS

Opportunity opens up: Mexico to cut spectrum costs by 12% in 2027

In its proposed budget for next year, the Treasury Secretariat proposed changes to key spectrum bands for 5G deployment, including the 3.5 GHz band.

Regional smartphone market plunged 10% in second quarter

This is compared with the same period in 2025. The causes were higher memory and SoC costs, as well as the impact of sales channels increasing their inventories in anticipation of the price increase.

Viettel enters the market and targets Claro, Altice and Viva

The Vietnamese operator, which is already present on the other side of the island in Haiti, was awarded 240 MHz of spectrum. What will be the first steps for the new fourth player entering a market with more than 11 million mobile lines?

At Antel Summit 2026, Uruguayan operator identifies reducing the AI access gap as a challenge

Telecom posts 13.4% increase in consolidated sales in first half

A DIARIO LATINO 22-09-2026

California governor signs seven laws regulating data centers

José Angello Tangherlini Casal is the new minister of Transport and Communications

Telcel proposes prices of up to US$0.001 per MB for MVNOs in 2027

“Analyzing submarine and terrestrial networks as isolated infrastructure no longer makes sense”: V.tal’s experience

Conexis urges presidential candidates to adopt long-term spectrum policies