Millicom: Mobile Services And Stock Buyback Could Enhance The Price

Chatool Investments
503 Followers

Summary

  • Millicom International offers cable and mobile services in emerging markets.
  • In my view, if Millicom successfully offers these new services to many of its current clients, revenue growth will likely trend higher.
  • If the company can present independent figures of TIGO money from its telecommunications service operations, Millicom may obtain further financing.

Montage $1,000 USD in $100 notes

David Commins/iStock via Getty Images

Millicom (NASDAQ:TIGO) is introducing new products like Tigo money, and investment analysts expect stable free cash flow. If TIGO grows its mobile data services as promised, revenue growth will likely increase. In my view, as soon as TIGO lowers

This article was written by

503 Followers
Ex-institutional investor, I am currently a retired individual living in Europe. I don't offer financial advice. This is only my opinion about growth stocks, and some mining plays. -------- DISCLAIMER-----------My information and commentaries are not meant to be an endorsement or offering of any stock purchase. The materials and information provided by the author are not and should not be construed as an offer to buy or sell any of the securities named in the articles here.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of TIGO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About MLCMF Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on MLCMF

Related Stocks

SymbolLast Price% Chg
MLCMF
--
TIGO
--