Tigo Guatemala, also known as COMCEL or Comunicaciones Celulares, a privately owned entity headquartered in Guatemala, is a provider of telecommunications and digital services. Founded in 1990, the company operates with approximately 3,200 employees and reported $1.7B in revenue as of 2025. Functioning as a tier 1 media tech buyer, it operates as a wholly owned subsidiary of Millicom International Cellular S.A., a multi-national telecommunications conglomerate based in Luxembourg. Tigo commands over 50% of the Guatemalan domestic mobile market share, serving a subscriber base of more than nine million customers.

2025 Revenue

Founded

1990

Headcount

3,164

Headquarters

Guatemala

Primary Segment

Telecoms

Ownership

Privately Owned

News Summary:

On September 16, 2026, Millicom (Tigo) and SBA Communications confirmed a long-term partnership in Central America, an agreement initially made on October 28, 2024. Previously, on August 28, 2026, an analysis detailed a multi-year managed services agreement with Amdocs, initially announced on August 19. Under this agreement, Amdocs will deploy its full-stack business and operations support systems (BSS/OSS), backed by AI-driven application management, for Millicom's Chilean operations, which include Telefonica Chile S.A. and Telefonica Moviles Chile S.A. Earlier, on August 21, 2026, Millicom International Cellular disclosed an interim dividend of US$1.50 per share, payable in two installments in early 2027. This announcement, made alongside its second-quarter 2026 earnings release on August 19, also included raised long-term cash flow targets for the company, which continues to manage a legal dispute in Guatemala.

Similar Companies

Subscribe for full access to Tigo Guatemala's profile
Tigo Guatemala offers 7 products in the media and telecoms services industry. Tigo Guatemala's product portfolio comprises of telecoms, media and TV services and consumer electronics.
Subscribe for full access to Tigo Guatemala's products in full detail
Tigo Guatemala's revenues were over $1B in 2025. Caretta Research has split Tigo Guatemala's revenue into 7 different product categories, the largest of which is mobile services. For full access to Tigo Guatemala's revenue breakdown subscribe to Caretta Portal.
Subscribe for full access to Tigo Guatemala's revenue in full detail
Aug
6th
2026
19:57
Financial Results, B2B Tag, Financial Performance
Millicom (TIGO) Q2 2026 Earnings Call Transcript
{ "summary": "Millicom International Cellular S.A. (NASDAQ:TIGO) reported a quarter of record cash flow and operating income following the consolidation of its Colombian assets and the implementation of its efficiency-focused operational model. The company delivered a better customer service, increased ARPU through its more-for-more strategy, simplified the business, improved efficiency, and turned operational execution into stronger cash flow. CEO Marcelo Benitez noted that 80% of Home revenue growth was attributable to the FIFA World Cup, stating, 'The revenues coming from the World Cup has to do with selling packages to watch the games, more data packages, more top-ups, more sales in Home and advertising revenues.' The company confirmed that recent acquisitions are already equity free cash flow accretive within their first year, reinforcing the raised guidance for the full year. Management confirmed that recent acquisitions are already equity free cash flow accretive within their first year, reinforcing the raised guidance for the full year. The company's Board has approved an additional interim dividend of $1.50 per share payable in two equal installments in January and April 2027. Millicom International Cellular S.A. (NASDAQ:TIGO) reported a quarter of record cash flow and operating income following the consolidation of its Colombian assets and the implementation of its efficiency-focused operational model. The company delivered a better customer service, increased ARPU through its more-for-more strategy, simplified the business, improved efficiency, and turned operational execution into stronger cash flow. CEO Marcelo Benitez noted that 80% of Home revenue growth was attributable to the FIFA World Cup, stating, 'The revenues coming from the World Cup has to do with selling packages to watch the games, more data packages, more top-ups, more sales in Home and advertising revenues.' The company confirmed that recent acquisitions are already equity free cash flow accretive within their first year, reinforcing the raised guidance for the full year. Management confirmed that recent acquisitions are already equity free cash flow accretive within their first year, reinforcing the raised guidance for the full year. The company's Board has approved an additional interim dividend of $1.50 per share payable in two equal installments in January and April 2027." }
AOL
Tigo Guatemala currently holds 2 broadcasting rights for sports competitions including soccer | association football.

Example Sports Rights Suppliers

Subscribe for full access to Tigo Guatemala's profile