Mobile revenue of Millicom in Latin America 2016-2023

Published by
Alexandra Borgeaud,
Apr 30, 2024
In 2023, Millicom International Cellular generated nearly three billion U.S. dollars in revenue providing mobile services to 40.67 million customers in Latin America. The company operates under the brand name Tigo in nine countries (Bolivia, Colombia, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, and Paraguay). In 2022, Millicom completed its exit from the African market, focusing solely on Latin America.

Revenue generated by Millicom International Cellular with mobile services in Latin America from 2016 to 2023 (in billion U.S. dollars)

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Release date

March 2024

Region

LAC

Survey time period

2016 to 2023

Supplementary notes

Figures have been rounded. *.As a result of the sale of the Tanzania business and its reclassification as discontinued operations in 2022, Millicom now only operates in a single region, Latin America

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