NasdaqGS:TIGOWireless Telecom
Millicom (TIGO) Is Up 17.1% After UBS Upgrade on Latin America Expansion Ambitions
Earlier this week, UBS analyst Leonardo Olmos upgraded Millicom International Cellular (TIGO) to a buy rating, citing increased confidence in the company’s growth outlook as it expands telecom services across Latin America and pursues acquisitions in Ecuador and Uruguay.
This shift in analyst sentiment highlights how Millicom’s regional expansion and service diversification are increasingly shaping market perceptions of its longer-term prospects.
We’ll now examine how UBS’s renewed...