SBA Communications raises annual adjusted FFO forecast on steady demand [Yahoo! Finance]
Millicom International Cellular S.A. (TIGO)
Last millicom international cellular s.a. earnings: 5/1 04:01 pm
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Source: Yahoo! Finance
The Boca Raton, Florida-based company also said it would buy more than 7,000 communication sites in Central America from telecom firm Millicom International Cellular S.A. for about $975 million in cash. The company said the acquired sites are expected to generate about $129 million of revenue and $89 million of tower cash flow during their first full year of operations after closing, which is expected in 2025. The companies have also agreed to a seven-year exclusivity period, during which SBA will have the exclusive right to build up to 2,500 new sites for the telecom firm. The wireless tower operator is expected to benefit from a surge in demand from U.S. carriers, as they are upgrading their networks to 5G and increasing capacity to meet booming data demand. The company leases tower space to major wireless carriers including AT&T, T-Mobile US and Verizon Communications. SBA raised its forecast range for annual adjusted funds from operations to between $13.20 and $13.45 p
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TIGO
News
- Notification of share transaction by Director of Millicom (Tigo) sharesGlobeNewswire
- Millicom International Cellular SA (TIGO) Q3 2024 Earnings Call Highlights: Record Cash Flow ... [Yahoo! Finance]Yahoo! Finance
- Millicom International Cellular S.A. GAAP EPS of $0.30, revenue of $1.43B Nov. 07, 2024 6:07 AM ET By: Manshi Mamtora , CFA [Seeking Alpha]Seeking Alpha
- Millicom (Tigo) Q3 2024 Earnings ReleaseGlobeNewswire
- Millicom (Tigo) and SBA Communications agree to long-term partnership in Central AmericaGlobeNewswire
TIGO
Earnings
- 11/7/24 - Miss
TIGO
Sec Filings
- 11/7/24 - Form 6-K
- 10/28/24 - Form 6-K
- 10/18/24 - Form 6-K
- TIGO's page on the SEC website