Millicom Reports Q2 2026 Revenue Surge to USD 2.18 Billion
Millicom reported second-quarter 2026 revenues of USD 2.18 billion, driven by acquisitions in South America and resulting in raised financial guidance.
Millicom, the operator of Tigo-branded services in Latin America, reported second-quarter 2026 revenues of USD 2.18 billion. This figure marks a 59.4 percent increase year-on-year on a reported basis and a 4.3 percent organic increase.
The company attributed the growth to significant acquisitions in Colombia, Chile, Ecuador, and Uruguay. Service revenues rose 5.4 percent organically to USD 2.04 billion, and adjusted EBITDA increased 9.1 percent to USD 1.01 billion.
Millicom also reported an operating profit of EUR 462 million. Following these results, the company raised its financial guidance.
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