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General

Millicom Q3 revenues rise 7% to USD 1.1 bln, adds 764,000 LatAm mobile clients

Thursday 28 October 2021 | 13:48 CET | News
Millicom, owner of Tigo-branded operations across Latin America and Africa, reported a 6.5 percent year on year rise in revenues to USD 1.09 billion in the third quarter of 2021, a similar result to the previous quarter, driven by accelerated customer growth in Colombia coupled with higher sales in El Salvador. The company's overall operating profit more than doubled (+103.6%) to USD 197 million thanks to increased profitability in Guatemala.

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