StocksMedium•5 November 2026•
1 min read
Millicom Q3 Revenue Surges 60.8% as Company Hikes Dividends
Key Facts
1Millicom reported Q3 revenue of $2.28 billion, up 60.8% year-on-year.
2Net profit attributable to owners reached $98 million, with leverage decreasing to 2.53x.
3The company announced an increase in January and April 2027 dividend payments by an additional $0.75 per share.
Millicom reported Q3 2026 revenue of $2.28 billion, representing a 60.8% increase year-on-year. According to GlobeNewswire, net profit attributable to owners reached $98 million, while the company's leverage decreased to 2.53x. Additionally, the company announced it will increase its January and April 2027 dividend payments by an additional $0.75 per share.
The financial results reflect organic growth and the impact of recent acquisitions in Colombia, Ecuador, and Uruguay. The company reported generating $316 million in equity free cash flow during the quarter, maintaining its trajectory toward full-year 2026 targets. The fundamental outlook remains supported by improved cash flow generation and operational cost discipline.