Millicom International Cellular (NASDAQ:TIGO) reported what management described as a solid start to 2026, with first-quarter revenue and cash flow boosted by recent acquisitions and continued growth in its core mobile business.
On the company’s earnings call, CEO Marcelo Benitez said Millicom delivered “one of the strongest growth performances in recent history,” citing organic service revenue growth of 4.9% year over year. Total service revenue reached nearly $1.9 billion, while adjusted EBITDA totaled $857 million, representing a margin of 43.2%.
