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    Andreas

    Senior Equity Analyst at DNB Carnegie

    Andreas Johannessen is a Senior Equity Analyst at DNB Markets, specializing in Nordic financials and banking sector research with coverage of companies such as DNB ASA, Nordea, and SpareBank 1. Renowned for his rigorous analysis, Andreas maintains a strong performance record, frequently surpassing sector benchmarks and achieving a TipRanks success rate of above 65%, with notable call accuracy on Norwegian banks. He joined DNB Markets in 2015 after spending several years at Carnegie and SEB Enskilda in various analyst roles, building expertise across Scandinavian financial equities. Andreas holds a master's degree in finance and is FINRA registered with a Series 7 and 63 license, earning recognition for his sharp insight and influential stock recommendations in Nordic finance.

    Andreas's questions to MILLICOM INTERNATIONAL CELLULAR (TIGO) leadership

    Andreas's questions to MILLICOM INTERNATIONAL CELLULAR (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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