Millicom International Cellular is a holding company. Through its subsidiaries, Co. is a provider of cable and mobile services. Through its main brands Tigo® and Tigo Business, Co. provides a range of digital services in Latin America. Co. provides the following principal categories of services: mobile, including mobile data, mobile voice, and Mobile Financial Services to consumer, business and government customers; and cable and other fixed services, including broadband, pay-TV, content, and fixed voice services for residential (Home) customers, as well as voice, data and value added services and solutions to business and government customers. The TIGO average annual return since 2019 is shown above.
The Average Annual Return on the TIGO average annual return since 2019 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether TIGO average annual return since 2019 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the TIGO average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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