TIGO Overview

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.

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.

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.

Millicom International Cellular Options Activity: Millicom International Cellular SA (TIGO) experienced significant options trading with 4,000 contracts, particularly for the $55 strike call option expiring on April 17, 2026, which accounted for 3,532 contracts.

Fluor Corp Options Activity: Fluor Corp. (FLR) saw a high options trading volume of 16,080 contracts, with notable activity in the $47.50 strike call option expiring on January 16, 2026, totaling 14,155 contracts.

Trading Volume Context: The options trading volumes for both TIGO and FLR represented approximately 46.1% and 45.7% of their respective average daily trading volumes over the past month.

Further Information: For additional details on available expirations for RBLX, TIGO, or FLR options, StockOptionsChannel.com can be visited.

Strong Performance: The communication services sector has shown consistent strength in 2025, ranking among the top three sectors in the S&P 500.

Performance Metrics: This sector has excelled in one-month, six-month, and year-to-date performance metrics, indicating robust growth and stability.