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)
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
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
U.S. Securities and Exchange Commission. (March 12, 2024). Revenue generated by Millicom International Cellular with mobile services in Latin America from 2016 to 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1115795/millicom-mobile-revenue-latin-america/
U.S. Securities and Exchange Commission. "Revenue generated by Millicom International Cellular with mobile services in Latin America from 2016 to 2023 (in billion U.S. dollars)." Chart. March 12, 2024. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1115795/millicom-mobile-revenue-latin-america/
U.S. Securities and Exchange Commission. (2024). Revenue generated by Millicom International Cellular with mobile services in Latin America from 2016 to 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1115795/millicom-mobile-revenue-latin-america/
U.S. Securities and Exchange Commission. "Revenue Generated by Millicom International Cellular with Mobile Services in Latin America from 2016 to 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 12 Mar 2024, https://www.statista.com/statistics/1115795/millicom-mobile-revenue-latin-america/
U.S. Securities and Exchange Commission, Revenue generated by Millicom International Cellular with mobile services in Latin America from 2016 to 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1115795/millicom-mobile-revenue-latin-america/ (last visited December 22, 2024)
Revenue generated by Millicom International Cellular with mobile services in Latin America from 2016 to 2023 (in billion U.S. dollars) [Graph], U.S. Securities and Exchange Commission, March 12, 2024. [Online]. Available: https://www.statista.com/statistics/1115795/millicom-mobile-revenue-latin-america/
