Millicom International Cellular SA SEDR
TIGO SDB: XSTO (SWE)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
SEK 581.00 | Dywkpc | Xzfvvfn |
Cost-Cutting and Pricing Discipline Should Drive Cash Flow at Millicom
Business Strategy and Outlook
Millicom is a collection of telecom businesses serving nine countries in Latin America. Economic and political challenges in certain markets, combined with a weak Colombian peso, have hindered recent financial results. However, we expect that continued smartphone and broadband adoption, attractive competitive dynamics in several countries, and cost-cutting efforts will allow the firm to generate solid cash flow in the coming years.