0
General

Millicom revenues up 5% in Q1 on Cable Onda effect

Wednesday 24 April 2019 | 09:42 CET | News
In Latin America, quarterly EBITDA surged 14.9 percent on a reported basis to USD 591 million, with the EBITDA margin rising by 3.4 percentage points to 41.9 percent and operating profit climbing 2.9 percent to USD 165 million, benefiting from IFRS 16 adoption. Quarterly capex came to USD 168 million, up 11.0 percent year on year, and is expected to come in at slightly above USD 1 billion in 2019. The company said HFC customer relationships increased by 95,000 in the quarter to reach 3.2 million, while 4G smartphone data customers increased 269,000 to reach 10.8 million.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Cable Onda / Millicom / Tigo
Countries: Africa / Latin America
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

ASEP clears Millicom's Movistar Panama buy

Published 23 Jul 2019 15:11 CET | Panama
Millicom has confirmed that Panama's public services authority ASEP finally approved its acquisition of Telefonica's local ...

Millicom grows Q2 revenues 5.4% on acquisitions, operating profit lower

Published 19 Jul 2019 09:07 CET | Latin America
Millicom reported second-quarter revenues up 5.4 percent to USD 1.054 billion, helped by its acquisitions of Cable Onda as well ...

Maroc Telecom completes acquisition of Tigo Chad

Published 27 Jun 2019 11:03 CET | Chad
Maroc Telecom has completed the acquisition from Millicom of 100 percent of its subsidiary Tigo Chad, following the agreement ...

Sweden's Kinnevik to divest Millicom investment

Published 04 Jun 2019 10:08 CET | Latin America
Milllicom has announced that Swedish investment company Kinnevik intends to divest its shareholding in the Latin America-focused ...

Tigo Bolivia hits 1 mln households passed milestone

Published 30 May 2019 14:50 CET | Bolivia
Bolivian operator Tigo (Millicom) has reached the milestone of 1 million connected homes in the country following a USD 650 ...

Millicom closes acquisition of Telefonica's Nicaragua unit

Published 16 May 2019 15:40 CET | Nicaragua
Luxembourg-based Millicom has closed the acquisition of Telefonica's Nicaragua unit around 3 months after first announcing the ...

Millicom announces sustainability bond plans

Published 30 Apr 2019 10:42 CET | Latin America
Luxembourg-based Millicom has announced the details of its inaugural Sustainability Bond Framework, including both environmental ...

Maroc Telecom to acquire Tigo Chad from Millicom

Published 15 Mar 2019 08:32 CET | Chad
Maroc Telecom has signed an agreement with Millicom to acquire 100 percent of the shares of its subsidiary Tigo Chad. The ...

Millicom acquires Telefonica's Panama, Costa Rica and Nicaragua units for USD 1.65 bln

Published 21 Feb 2019 08:56 CET | Costa Rica
Millicom has announced an agreement to acquire Telefonica's mobile telecommunications assets in Panama, Costa Rica and Nicaragua ...

Tigo-UNE organic revenues up 3% on customer adds in Q4

Published 08 Feb 2019 11:50 CET | Colombia
Colombian operator Tigo-UNE, owned by Luxembourg-based Millicom, posted service revenues of USD 362 million in the three months ...

Millicom revenues down 4% in Q4 on forex effects, FY profit up 1.5%

Published 08 Feb 2019 09:36 CET | Africa
Millicom reported fourth-quarter service revenues down 4.4 percent to USD 1.01 billion, impacted by weaker currencies in a ...

Millicom grows LatAm business in Q3 as cable roll-out accelerates

Published 24 Oct 2018 09:30 CET | Latin America
Millicom reported third-quarter revenues up 0.3 percent to USD 1.5 billion, as organic service revenue growth in its main Latin ...

Millicom acquires Panama's Cable Onda for USD 1 bln

Published 08 Oct 2018 08:41 CET | Panama
Millicom has announced an agreement to buy a controlling 80 percent stake in Panamanian cable provider Cable Onda for a cash ...

Millicom acquires Guatemalan regional cableco Cable DX

Published 24 Jul 2018 11:15 CET | Paraguay
Latin American operator Millicom has announced the acquisition of Guatemalan regional cable provider Cable DX for an undisclosed ...

Millicom lifts revenues 4.8%, EBITDA 5.2% in solid Q2

Published 20 Jul 2018 10:01 CET | Africa | Update: 20 Jul 2018 11:01 CET
and now expects revenue near the top end of its full year outlook range of 2-4 percent, bolstered by continuing recovery at ...

Millicom sees revenue growth improve to 3.9% in Q1, EBITDA up 2.3%

Published 25 Apr 2018 09:38 CET | Latin America
Latin American operator Millicom said it saw a continued strengthening in its markets in the first quarter, helped by its ...





Calendar   /   Industry Events

24 Jul Telekom Slovenije Q2 2019
24 Jul Orange Poland Q2 2019
24 Jul AT&T Q2 2019
24 Jul Mellanox Technologies Q2 2019
24 Jul F5 Networks fiscal Q3
24 Jul Altigen Communications fiscal Q3
24 Jul Facebook Q2 2019
24 Jul Line Q2 2019
24 Jul Orange Belgium Q2 2019
24 Jul Netgear Q2 2019
24 Jul KPN Q2 2019
24 Jul Telefonica Deutschland Q2 2019
24 Jul Technicolor H1 results
25 Jul Comcast Q2 2019
25 Jul Juniper Networks Q2 2019
25 Jul Orange Q2 2019
25 Jul Alphabet Q2 2019
25 Jul Amazon Q2 2019
25 Jul Smith Micro Q2 2019
25 Jul Nokia Q2 2019
25 Jul Verisign Q2 2019
25 Jul Telefonica Q2 2019
25 Jul Maxlinear Q2 2019
25 Jul Intel Q2 2019
25 Jul STMicroelectronics Q2 2019
26 Jul NTT Docomo fiscal Q1
26 Jul Twitter Q2 2019
26 Jul Kcell Q2 2019
26 Jul Charter Communications Q2 2019
26 Jul Euskaltel Q2 2019
::: More Calendar Items