
TIGO Stock Forecast & Price Target
TIGO Analyst Ratings
Bulls say
Millicom Intl Cellular is strategically expanding its footprint in the Latin American telecom market through significant acquisitions, including Telefonica's operations in Ecuador and Uruguay, which are expected to enhance its customer base and market position. The company operates wireless networks that reach approximately 120 million people and serve 42 million customers, while its fixed-line networks connect 14 million homes, adding value with 4 million broadband customers. Despite anticipated challenges associated with a projected 74% increase in net debt due to acquisitions, the firm's focus on converged service packages and a necessary turnaround strategy positions it for potential growth in regions where it can optimize operations left by previous owners.
Bears say
Millicom Intl Cellular's low capex-to-sales ratio of 12.2% in 2024 indicates limited investment in infrastructure, which could impede future growth and competitiveness. The entrance of new competitors like Nubicom SRL in Argentina, deploying 5G networks, poses potential risks to average revenue per user (ARPU) and profit margins, further jeopardizing the firm's market position. Additionally, the operational landscape in smaller and less developed Latin American countries may hinder revenue growth, making it challenging for Millicom to maintain financial stability.
This aggregate rating is based on analysts' research of Millicom International Cellular S.A. and is not a guaranteed prediction by Public.com or investment advice.
TIGO Analyst Forecast & Price Prediction
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