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Millicom (Tigo) releases its 2024 Annual Report, marking a year of transformation in Latin America's telecommunications industry

1. Millicom highlights transformation in Latin America's telecom industry in 2024 report. 2. Strategic focus and operational efficiency drive Millicom's service expansion. 3. Millicom serves over 46 million customers through robust network infrastructure. 4. Diverse digital offerings position Millicom to meet rising connectivity demands. 5. Company aims to enhance digital inclusion across Latin American communities.

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FAQ

Why Bullish?

The release of the annual report indicates strong strategic positioning and growth potential, similar to prior bullish trends following transformative reports in the telecom sector.

How important is it?

The report's insights into Millicom's transformation and market position suggest significant potential impact on TIGO's stock performance.

Why Long Term?

Long-term strategies focused on digital inclusion and service diversification can yield sustained growth, as seen with other telecoms expanding their service offerings.

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AMXTEFVIVTMUS
Millicom (Tigo) releases its 2024 Annual Report, marking a year of transformation in Latin America’s telecommunications industry Luxembourg, April 08, 2025 –Millicom, a leading provider of fixed and mobile services in Latin America, announces today the release of its 2024 Annual Report, which includes the standalone financial statements of Millicom International Cellular S.A. for the year 2024. This year’s report reflects a period of profound transformation for the company, driven by a renewed strategic focus, operational efficiency, and a commitment to expanding digital inclusion across Latin America. “Millicom (Tigo) is uniquely positioned to seize the opportunities this new era presents. Our robust fixed and mobile networks, comprehensive digital platforms, and diverse content offerings—including cable, entertainment, and cloud solutions—equip us to meet the growing demand for connectivity and digital services,” said Marcelo Benitez, CEO, and Maxime Lombardini, Chairman of the Board. “Today, Millicom Tigo is a more focused and agile company, dedicated to meeting the evolving needs of our customers across Latin America. We are proud to deliver consistent financial performance while expanding digital access and inclusion in the communities we serve.” For further details, please click on the following link: https://www.millicom.com/results/ar-2024 For further information, please contact: About Millicom Millicom (NASDAQ U.S.: TIGO) is a leading provider of fixed and mobile telecommunications services in Latin America. Through our TIGO® and Tigo Business® brands, we provide a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. As of December 31, 2024, Millicom, including its Honduras Joint Venture, employed approximately 14,000 people, and provided mobile and fiber-cable services through its digital highways to more than 46 million customers, with a fiber-cable footprint of about 14 million homes passed. Founded in 1990, Millicom is headquartered in Luxembourg.

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