
TIGO Stock Forecast & Price Target
TIGO Analyst Ratings
Bulls say
Millicom International Cellular is expanding its operations and customer base through significant acquisitions, including Telefonica's operations in Ecuador and Uruguay, which positions the company for enhanced growth and market presence. The firm’s wireless networks currently serve 42 million customers, and its fixed-line services reach 14 million homes, indicating a robust infrastructure that supports an increasing demand for converged telecom services. While the company anticipates a 74% increase in net debt due to these acquisitions, the potential for an impressive turnaround in previously underperforming regions presents a positive outlook for Millicom’s future financial performance.
Bears say
Millicom Intl Cellular's low capex-to-sales ratio of 12.2% for 2024 indicates potential underinvestment in infrastructure, which could hinder growth and competitive positioning within the telecommunications sector. The entry of Nubicom SRL into the Argentine market, deploying a new 5G network, raises concerns about increasing average revenue per user (ARPU) and margin pressure, as this could intensify competition in an already challenging landscape. Furthermore, the risk to the capex-to-sales ratio may affect the company's ability to sustain or grow its service offerings in a market that requires continuous technological advancement to meet customer demands.
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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