LIBERTY LATIN AMERICA AND MILLICOM AGREE TO COMBINE OPERATIONS IN COSTA RICA
Transaction Overview: Liberty Latin America and Millicom have agreed to combine their operations in Costa Rica, with Liberty holding approximately 86% and Millicom 14% of the joint venture, aiming to enhance fiber network investments and improve customer services.
Future Prospects: The merger is expected to accelerate technological advancements in Costa Rica's telecommunications sector, providing better access to high-speed services and promoting competition, while the transaction is anticipated to close in the second half of 2025, pending regulatory approvals.
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Wall Street Analysts Adjust Ratings
- Analyst Rating Changes: Top Wall Street analysts have adjusted their ratings on several companies, including upgrades, downgrades, and initiations, reflecting varying market perspectives on these firms.
- Market Reaction: While specific rating changes are not detailed, analysts' opinions typically influence investor decisions, potentially leading to price fluctuations in the affected stocks.
- Investor Focus: For those considering buying NCLH stock, analysts' views will serve as a crucial reference point, especially in the current market environment.
- Source of Information: This information is provided by Benzinga, highlighting the significance of analyst ratings in investment decisions, urging investors to monitor these changes for informed choices.
Millicom and NJJ Jointly Acquire Telefonica's Chile Operations
- Strategic Joint Acquisition: Millicom and NJJ acquire Telefonica's Chile operations through a 49%/51% partnership, with an initial payment of $50 million and potential earn-out of up to $150 million, ensuring financial flexibility and risk mitigation.
- Financial Protection Mechanism: The acquired business will not be consolidated into Millicom's financial statements, and its financial obligations are non-recourse to Millicom, with Telefonica required to contribute approximately $92 million at closing to ensure balance sheet stability.
- Market Expansion Opportunity: Although Millicom will initially hold a minority stake, it will operate the business from day one, leveraging extensive regional experience to stabilize and enhance the asset, thereby increasing competitiveness in the South American market.
- Long-term Value Creation: This acquisition reflects Millicom's disciplined capital allocation strategy, prioritizing long-term value creation and operational improvement while maintaining strong alignment with local market fundamentals, demonstrating a commitment to investment in the Chilean market.
Millicom Successfully Acquires Remaining Stake in UNE
- Acquisition Success: Millicom successfully bid for EPM's remaining shares in UNE at COP 418,741 per share, totaling approximately COP 2.1 trillion (about USD 571 million), marking nearly 100% ownership in UNE.
- Closing Timeline: The transaction is expected to close on January 29, 2026, in accordance with auction rules, further simplifying Millicom's ownership structure in Colombia.
- Operational Integration: This acquisition will enable Millicom to streamline its operations in Colombia and accelerate its strategic integration plans, enhancing its competitive position in the market.
- Market Impact: The acquisition not only strengthens Millicom's position in the Latin American telecommunications market but also expands its range of digital services and products, likely driving further growth in the region.
Millicom International Cellular SA (TIGO) Shows Strong Momentum: Is It a Good Investment?
Momentum Investing Overview: Momentum investing involves buying stocks that are trending upwards, with the expectation that they will continue to rise. The Zacks Momentum Style Score helps identify stocks with strong momentum characteristics.
Millicom International Cellular SA (TIGO): TIGO currently holds a Momentum Style Score of B and a Zacks Rank of #1 (Strong Buy), indicating strong potential for performance based on recent price trends and earnings estimate revisions.
Performance Metrics: TIGO's shares have increased 4.67% over the past quarter and 113.11% over the last year, significantly outperforming the S&P 500, which has seen much lower gains in the same periods.
Earnings Estimates and Trading Volume: Recent upward revisions in earnings estimates for TIGO, along with a solid average trading volume of 756,143 shares, suggest a bullish outlook for the stock, making it a strong candidate for investors seeking momentum picks.
TIGO Purchases Telefónica Ecuador for $380 Million
Acquisition Details: Millicom International Cellular S.A. (TIGO) has acquired Telefónica’s telecommunications operations in Ecuador for $380 million, enhancing its presence in South America.
Market Potential: Ecuador's stable, dollarized economy and youthful population present significant opportunities for Millicom to expand digital connectivity and services.
Leadership and Mission: CEO Marcelo Benitez highlighted that the acquisition strengthens Millicom's leadership in Latin America and aligns with its mission to promote digital inclusion and economic progress.
Regional Operations: With this acquisition, Millicom now operates in 11 countries, following its previous purchase of Telefónica Uruguay.
TIGO to pay $118 million to resolve bribery probe
Settlement Agreement: TIGO Guatemala has agreed to pay over $118 million to settle a foreign bribery investigation by the U.S. Department of Justice, following a deferred prosecution agreement announced in November 2025.
Bribery Scheme Details: The investigation revealed that from 2012 to 2018, TIGO Guatemala engaged in systematic bribery, making monthly cash payments to government officials in exchange for legislative support, with some bribes funded through laundered narcotrafficking proceeds.
Financial Penalties: As part of the settlement, TIGO Guatemala will pay a $60 million criminal penalty and $58.2 million in administrative forfeiture.
Compliance Measures: TIGO and its parent company, Millicom International Cellular, S.A., have committed to enhancing compliance programs, terminating involved personnel, and implementing extensive remedial measures to prevent future violations.
Wall Street Analysts Adjust Ratings
- Analyst Rating Changes: Top Wall Street analysts have adjusted their ratings on several companies, including upgrades, downgrades, and initiations, reflecting varying market perspectives on these firms.
- Market Reaction: While specific rating changes are not detailed, analysts' opinions typically influence investor decisions, potentially leading to price fluctuations in the affected stocks.
- Investor Focus: For those considering buying NCLH stock, analysts' views will serve as a crucial reference point, especially in the current market environment.
- Source of Information: This information is provided by Benzinga, highlighting the significance of analyst ratings in investment decisions, urging investors to monitor these changes for informed choices.
Millicom and NJJ Jointly Acquire Telefonica's Chile Operations
- Strategic Joint Acquisition: Millicom and NJJ acquire Telefonica's Chile operations through a 49%/51% partnership, with an initial payment of $50 million and potential earn-out of up to $150 million, ensuring financial flexibility and risk mitigation.
- Financial Protection Mechanism: The acquired business will not be consolidated into Millicom's financial statements, and its financial obligations are non-recourse to Millicom, with Telefonica required to contribute approximately $92 million at closing to ensure balance sheet stability.
- Market Expansion Opportunity: Although Millicom will initially hold a minority stake, it will operate the business from day one, leveraging extensive regional experience to stabilize and enhance the asset, thereby increasing competitiveness in the South American market.
- Long-term Value Creation: This acquisition reflects Millicom's disciplined capital allocation strategy, prioritizing long-term value creation and operational improvement while maintaining strong alignment with local market fundamentals, demonstrating a commitment to investment in the Chilean market.
Millicom Successfully Acquires Remaining Stake in UNE
- Acquisition Success: Millicom successfully bid for EPM's remaining shares in UNE at COP 418,741 per share, totaling approximately COP 2.1 trillion (about USD 571 million), marking nearly 100% ownership in UNE.
- Closing Timeline: The transaction is expected to close on January 29, 2026, in accordance with auction rules, further simplifying Millicom's ownership structure in Colombia.
- Operational Integration: This acquisition will enable Millicom to streamline its operations in Colombia and accelerate its strategic integration plans, enhancing its competitive position in the market.
- Market Impact: The acquisition not only strengthens Millicom's position in the Latin American telecommunications market but also expands its range of digital services and products, likely driving further growth in the region.
Millicom International Cellular SA (TIGO) Shows Strong Momentum: Is It a Good Investment?
Momentum Investing Overview: Momentum investing involves buying stocks that are trending upwards, with the expectation that they will continue to rise. The Zacks Momentum Style Score helps identify stocks with strong momentum characteristics.
Millicom International Cellular SA (TIGO): TIGO currently holds a Momentum Style Score of B and a Zacks Rank of #1 (Strong Buy), indicating strong potential for performance based on recent price trends and earnings estimate revisions.
Performance Metrics: TIGO's shares have increased 4.67% over the past quarter and 113.11% over the last year, significantly outperforming the S&P 500, which has seen much lower gains in the same periods.
Earnings Estimates and Trading Volume: Recent upward revisions in earnings estimates for TIGO, along with a solid average trading volume of 756,143 shares, suggest a bullish outlook for the stock, making it a strong candidate for investors seeking momentum picks.
TIGO Purchases Telefónica Ecuador for $380 Million
Acquisition Details: Millicom International Cellular S.A. (TIGO) has acquired Telefónica’s telecommunications operations in Ecuador for $380 million, enhancing its presence in South America.
Market Potential: Ecuador's stable, dollarized economy and youthful population present significant opportunities for Millicom to expand digital connectivity and services.
Leadership and Mission: CEO Marcelo Benitez highlighted that the acquisition strengthens Millicom's leadership in Latin America and aligns with its mission to promote digital inclusion and economic progress.
Regional Operations: With this acquisition, Millicom now operates in 11 countries, following its previous purchase of Telefónica Uruguay.
TIGO to pay $118 million to resolve bribery probe
Settlement Agreement: TIGO Guatemala has agreed to pay over $118 million to settle a foreign bribery investigation by the U.S. Department of Justice, following a deferred prosecution agreement announced in November 2025.
Bribery Scheme Details: The investigation revealed that from 2012 to 2018, TIGO Guatemala engaged in systematic bribery, making monthly cash payments to government officials in exchange for legislative support, with some bribes funded through laundered narcotrafficking proceeds.
Financial Penalties: As part of the settlement, TIGO Guatemala will pay a $60 million criminal penalty and $58.2 million in administrative forfeiture.
Compliance Measures: TIGO and its parent company, Millicom International Cellular, S.A., have committed to enhancing compliance programs, terminating involved personnel, and implementing extensive remedial measures to prevent future violations.
