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General

Millicom debuts on Nasdaq, ends 2018 with over 32 mln customers

Thursday 10 January 2019 | 08:45 CET | News
Luxembourg-based Millicom has provided updated guidance on the day its common shares begun trading on the Nasdaq stock market in the US under the ticker symbol TIGO. In a statement issued following a meeting with investors, the company said its expects its Latin America segment to close full 2018 with a 2-4 percent service revenue growth, slightly above the top end of guidance. Latin American EBITDA growth is set to be within guidance and end the year just above 3 percent, while capex will be around USD 950 million, below the USD 50 million target set at the start of 2018.

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Categories: General
Companies: Millicom / Tigo
Countries: Latin America
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