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    AndreasDNB Carnegie

    Andreas's questions to Millicom International Cellular SA (TIGO) leadership

    Andreas's questions to Millicom International Cellular SA (TIGO) leadership • Q2 2025

    Question

    Andreas from DNB Carnegie asked about the key drivers for accelerating service revenue growth, the potential for further cost controls, and any material changes to cash flow line items.

    Answer

    CEO Marcelo Benitez detailed growth drivers including prepaid-to-postpaid migration, price increases, home penetration, and a convergence strategy. CFO Bart Vanhaeren added that major cost initiatives were completed in 2024, with current efforts focused on ingrained cost discipline and digitalization. Vanhaeren also confirmed no material changes to cash flow line items beyond the impact of strategic initiatives like tower sales.

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