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General

Tigo-UNE revenues up 4% in Q3, EBITDA surges 14%

Wednesday 24 October 2018 | 10:21 CET | News
Colombian operator Tigo-UNE, owned by Luxembourg-based Millicom, reported service revenues of USD 382 million in the three months to September, a 4.4 percent rise from a year earlier, thanks in part to a record 32,000 new subscribers to the company's HFC network. EBITDA totalled USD 127 million in the period, up 13.7 percent from a year earlier, and the EBITDA margin rose 5.4 points to 30.4 percent, reflects the operator's improved profitability.

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Categories: General
Companies: Millicom / Tigo / Tigo-UNE
Countries: Colombia
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