Why Millicom International Cellular (TIGO) is on investors’ radar

Millicom International Cellular (TIGO) has caught investor attention after a strong run in its stock, with recent returns over the past month and past 3 months prompting fresh interest in its valuation.

The company now carries a market value of about US$15.67b, supported by annual revenue of US$6,436.0m and net income of US$1,235.0m. That scale gives investors a concrete base for comparing TIGO against other telecom stocks.

See our latest analysis for Millicom International Cellular.

At a share price of US$93.77, TIGO has shown strong momentum, with a 30 day share price return of 18.29% and a year to date share price return of 65.82%. The very large 3 year total…