Millicom International Cellular S.A. Overview

Core Viewpoint - Millicom International Cellular S.A. (TIGO) is a telecommunications and media company operating in Latin America and Africa, competing with major players like Telefonica and America Movil [1] Financial Performance - Scotiabank has set a price target of $43 for TIGO, indicating a potential downside of approximately -34.54% from the current stock price of $65.69, which has decreased by 3.79% or $2.59 recently [2][6] - TIGO's market capitalization is approximately $10.98 billion, with a trading volume of 1,724,097 shares on the day [5] Market Activity - TIGO's stock has shown significant volatility, with today's price fluctuating between $64.48 and $67.75, and over the past year, it has reached a high of $68.93 and a low of $25.50 [4][6] - The recent acquisition of Telefonica's mobile unit in Chile by NJJ and Millicom for $1.2 billion may impact TIGO's operations in Latin America, potentially influencing its market position and financial performance [3][6]