Millicom’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Millicom is a telecommunication firm that provides cable TV, telephone connections and broadband services for residential and commercial sectors. Read more

Millicom is a telecommunication firm that provides cable TV, telephone connections and broadband services for residential and commercial sectors. Read more

Mauricio Ramos's photo - CEO of Millicom

CEO

Mauricio Ramos

CEO Approval Rating

85/100

Founded:

1990

Status:

PublicNASDAQTIGO

TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

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AT&T is seen as one of Millicom's top competitors. AT&T was founded in 1876, and is headquartered in Dallas, Texas. Like Millicom, AT&T also competes in the Telecommunication Services industry. AT&T generates $170B more revenue vs. Millicom.

Telefonica is a top competitor of Millicom. Telefonica was founded in 1924, and its headquarters is in Madrid, Madrid. Like Millicom, Telefonica also competes in the Telecommunication Services field. Telefonica has 91,621 more employees than Millicom.

America Movil is Millicom's #3 rival. America Movil was founded in Mexico City, Distrito Federal} in 2000. Like Millicom, America Movil also works within the Telecommunication Services industry. Compared to Millicom, America Movil generates $41.9B more revenue.

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Quarterly and Annual Revenue

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Annual Revenue

$5.1B

Millicom's revenue is the ranked 12th among it's top 10 competitors. The top 10 competitors average 34B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Cable Onda, SA

Oct 2018

Source »
$1B
Cable Onda is a provider of broadband internet and telephony services for residential and commercial sectors.
TV Cable Paraná

Feb 2016

Source »
undisclosed
TV Cable Parana is a regional cable television provider offering national and international movies, cartoons and sports channels.
Zantel Tanzania

Jun 2015

Source »
$74M
Zantel is a mobile telecom operator in Tanzania.

-

-

Jul 2008

Source »
$510M
-
Tigo Tanzania

Mar 2006

Source »
undisclosed
-

These are all the companies that Millicom has acquired. Millicom has acquired 5 companies and its latest acquisition was Cable Onda, SA in Oct 2018. Cable Onda is a provider of broadband internet and telephony services for residential and commercial sectors.

Millicom Funding History

$600M$1.2B

Since Millicom was founded in 1990, it has participated in 2 rounds of funding. In total Millicom has raised $1.2B. Millicom's last funding round was on Oct 2020 for a total of $600.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Oct 2020
$600M
-
Debt
Jan 2017
$600M
-

Total Funding: $1.2B

Since Millicom was founded in 1990, it has participated in 2 rounds of funding. In total Millicom has raised $1.2B. Millicom's last funding round was on Oct 2020 for a total of $600.0M

Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Helios Towers builds, operates and manages wireless infrastructure that offers telecommunications services and managed tower solutions.
-
Oct 06, 2015
Equity
Mar 14, 2018
BIMA is a micro-insurance company that provides smartphone-based auto, life and health insurance products and services for individuals and businesses.
$38.4M
Jul 21, 2015
Series C
-
BIMA is a micro-insurance company that provides smartphone-based auto, life and health insurance products and services for individuals and businesses.
$22M
Apr 01, 2014
Equity
-
Jumia is an online marketplace that enables users to shop for clothes, electronic appliances, beauty products and fashion accessories.
$35M
Jun 17, 2013
Unattributed
Apr 04, 2019

These are all the companies that Millicom has invested in. Millicom has invested 5 companies and its latest investment was Cable Onda, SA in Oct 2018. Cable Onda is a provider of broadband internet and telephony services for residential and commercial sectors.

Millicom News

October 19, 2020FinanzNachrichten

Millicom announces proposed offering of senior notes and intent to redeem its senior notes due 2025

Millicom announces proposed offering of senior notes and intent to redeem its senior notes due 2025 L... See more »
October 16, 2020ABF Journal

Millicom Refinances Revolving Credit Facility with New $600MM ESG-Linked Facility

Millicom International Cellular entered a 5-year, $600 million ESG-linked revolving credit facility w... See more »
October 16, 2020Telecompaper

Millicom announces USD 600 million ESG-linked credit facility

(Telecompaper) Millicom has entered into a 5-year, USD 600 million ESG-linked revolving credit facili... See more »
October 16, 2020Zolmax News

Millicom International Cellular (OTCMKTS:MIICF) Sets New 52-Week Low at $30.59

Millicom International Cellular SA (OTCMKTS:MIICF) reached a new 52-week low during trading on Wednes... See more »
October 12, 2020Telecompaper

Tigo Panama launches 'Tigo Business' brand

(Telecompaper) Tigo Panama (Millicom) has launched a new B2B brand called Tigo Business in the wake o... See more »
September 30, 2020Zolmax News

Millicom International Cellular (OTCMKTS:MIICF) Reaches New 1-Year Low at $28.99

Millicom International Cellular SA (OTCMKTS:MIICF)'s stock price hit a new 52-week low during trading... See more »
September 25, 2020FinanzNachrichten

Notice of third quarter 2020 results and conference call

Notice of third quarter 2020 results and conference call Luxembourg, September 25, 2020 - Millicom wi... See more »

Millicom Press Releases

April 24, 2020GlobalNewswire

Remuneration of Executives by distribution of Millicom shares

Remuneration of Executives by distribution of Millicom shares... See more »
February 11, 2020PR Newswire

Millicom Selects Affirmed Networks as the Strategic Partner to Deploy Its Cloud-Based, 5G-Ready Core Network

ACTON, Mass., Feb. 11, 2020 /PRNewswire/ -- Affirmed Networks, a leader in mobile network 5G transfor... See more »
December 30, 2019StreetInsider

Millicom files standard form for notification of major holdings

Millicom files standard form for notification of major holdings Luxembourg, December 30, 2019...... See more »
December 11, 2019GlobalNewswire

Millicom files standard form for notification of major holdings

Millicom files standard form for notification of major holdings... See more »
October 29, 2019GlobeNewswire

Millicom announces the Nomination Committee ahead of the 2020 Annual General Meeting

Millicom announces the Nomination Committee ahead of the 2020 Annual General Meeting... See more »
April 4, 2019StreetInsider

Millicom announces successful completion of consent solicitation for its $500,000,000 6.000% Senior Notes due 2025

Millicom International Cellular S.A. ("Millicom") today announces that it has received the requisite ... See more »

Millicom Videos

February 18, 2020Millicom Youtube Channel

"TELECARRIER Radiologia" on YOUTUBE

February 18, 2020Millicom Youtube Channel

"EMBAJADORES SANGRE TIGO" on YOUTUBE

February 18, 2020Millicom Youtube Channel

"DIA DIGITALIZACION" on YOUTUBE

February 18, 2020Millicom Youtube Channel

"Conectate [email protected]" on YOUTUBE

February 27, 2019Millicom Youtube Channel

"Learning to Code, Tigo Bolivia" on YOUTUBE

February 14, 2019Millicom Youtube Channel

"Sangre Tigo Valentine's Day" on YOUTUBE

Social Statistics

Headquarters

2, rue du Fort Bourbon

Luxembourg, LuxembourgL-1249

352-27-759-021

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Summary

ABOUT

Overview

Millicom is a telecommunication firm that provides cable TV, telephone connections and broadband services for residential and commercial sectors. Millicom was founded in 1990. Millicom's headquarters is located in Luxembourg, Luxembourg, LU L-1249. It...

CEO

Millicom's CEO, Mauricio Ramos, currently has an approval rating of 85%. Millicom's primary competitors are AT&T, Telefonica & America Movil.

Website

millicom.com

Frequently Asked Questions about Millicom

  1. When was Millicom founded?

    Millicom was founded in 1990
  2. Who is Millicom's CEO?

    Millicom's CEO is Mauricio Ramos
  3. How much revenue does Millicom generate?

    Millicom generates $5.1B in revenue
  4. How much funding does Millicom have?

    Millicom has historically raised $1.2B in funding
  5. Where is Millicom's headquarters?

    Millicom's headquarters is in Luxembourg Luxembourg, LU
  1. How many employees does Millicom have?

    Millicom has 22,000 employees
  2. What sector does Millicom operate in?

    Millicom is in Telecommunication Services
  3. Who are Millicom's competitors?

    Millicom's top competitors are AT&T, Telefonica, America Movil
  4. Who has Millicom invested in?

    Millicom's has invested in companies such as Helios Towers, Milvik AB, Milvik AB