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Millicom International Cellular S.A. (TIGO) Q1 2026 Earni...
2026-05-13 · via All Articles on Seeking Alpha

Q1: 2026-05-12 Earnings Summary

EPS of $0.58 misses by $0.27

 | 

Revenue of

$1.99B

(44.47% Y/Y)

beats by $19.00M

Millicom International Cellular S.A. (TIGO) Q1 2026 Earnings Call May 12, 2026 8:00 AM EDT

Company Participants

Luca Pfeifer - Vice President of Investor Relations
Marcelo Benitez - Chief Executive Officer
Bart Vanhaeren - Chief Financial Officer

Conference Call Participants

Marcelo Santos - JPMorgan Chase & Co, Research Division
Gustavo Farias - UBS Investment Bank, Research Division
Gabriel Vaz de Lima - Morgan Stanley, Research Division
Phani Kumar Kanumuri - HSBC Global Investment Research
Andreas Joelsson - DNB Carnegie, Research Division

Presentation

Luca Pfeifer
Vice President of Investor Relations

Hello, everyone, and welcome to our First Quarter 2026 Results Call. This event is being recorded. Our speakers today will be our CEO, Marcelo Benitez; and Bart Vanhaeren, CFO of the company. The slides for today's presentations are available on our website, along with the earnings release and our financial statements.

Now please turn to Slide 2 for the safe harbor disclosure. We will be making forward-looking statements, which involve risks and uncertainties, which could have a material impact on our results.

On Slide 3, we define the non-IFRS metrics that we will be referencing throughout this presentation, and you can find reconciliation tables in the back of our earnings release and on our website.

With those disclaimers out of the way, let me now turn the call over to our CEO, Marcelo Benitez, Marcelo?

Marcelo Benitez
Chief Executive Officer

Thank you, Luca, and thank you, everyone, for joining our call today. We are off to a solid start in 2026, both operationally and from a financial perspective. From an operational standpoint, postpaid net additions amounted to 5.6 million, while home net adds amounted to 1.5 million. This significant increases reflect the relevance of the Colombia acquisition and the opportunity that lies ahead.

Importantly, even excluding inorganic growth, postpaid net additions amounted to 250,000 and home net additions