Millicom International Cellular (TIGO) Market Capitalization (2019 - 2026)
Millicom International Cellular's Market Capitalization came in at $14.73 billion for Q3 2026, up 76.3% from $8.35 billion a year earlier but down 4.0% from the prior quarter.
Millicom International Cellular (TIGO) Market Capitalization (2019 - 2026) Analysis & Trends
For FY2025, Millicom International Cellular's Market Capitalization was $9.37 billion, up 117.7% from FY2024.
- Market Capitalization has increased in each of the last three years, with a five-year compound annual growth rate of 18.9% (FY2020 to FY2025).
- Going back by year, Market Capitalization was $4.3 billion in FY2024 (+38.9%), $3.1 billion in FY2023 (+42.5%), $2.17 billion in FY2022 (-24.9%) and $2.89 billion in FY2021 (-26.6%).
- The five-year range for quarterly Market Capitalization is $1.16 billion (Q3 2022) to $15.34 billion (Q2 2026).
- Year-over-year, Market Capitalization has increased for 15 consecutive quarters, with growth averaging 86.9% over the last eight quarters.
- The fastest year-over-year change in Market Capitalization over five years came in Q1 2026 (growth of 143.1%), and the weakest in Q3 2022 (a decline of 68.4%).
- Business Quant data shows TIGO's Market Capitalization at $15.34 billion (Q2 2026), $12.66 billion (Q1 2026) and $9.37 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 192.19 Bn | 159.83 Bn | 27.05 Bn |
| 2 | T-Mobile US | 180.63 Bn | 163.07 Bn | 15.13 Bn |
| 3 | At&T | 149.48 Bn | 106.93 Bn | 26.22 Bn |
| 4 | Grupo Televisa, S.A.B | 138.76 Bn | 131.89 Bn | 960.50 Mn |
| 5 | Comcast | 89.06 Bn | 55.02 Bn | - |
| 6 | Chunghwa Telecom | 38.69 Bn | 31.18 Bn | 728.80 Mn |
| 7 | Vodafone Group Public | 37.39 Bn | 5.63 Bn | - |
| 8 | EchoStar | 29.07 Bn | 10.15 Bn | 647.20 Mn |
| 9 | Bce | 19.98 Bn | 18.22 Bn | 11.61 Bn |
| 10 | Millicom International Cellular | 13.41 Bn | 9.01 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.73 Bn |
| Jun 30, 2026 | 15.34 Bn |
| Mar 31, 2026 | 12.66 Bn |
| Dec 31, 2025 | 9.37 Bn |
| Sep 30, 2025 | 8.35 Bn |
| Jun 30, 2025 | 6.45 Bn |
| Mar 31, 2025 | 5.21 Bn |
| Dec 31, 2024 | 4.30 Bn |
| Sep 30, 2024 | 4.67 Bn |
| Jun 30, 2024 | 4.22 Bn |
| Mar 31, 2024 | 3.48 Bn |
| Dec 31, 2023 | 3.10 Bn |
| Sep 30, 2023 | 2.66 Bn |
| Jun 30, 2023 | 2.62 Bn |
| Mar 31, 2023 | 3.26 Bn |
| Dec 31, 2022 | 2.17 Bn |
| Sep 30, 2022 | 1.16 Bn |
| Jun 30, 2022 | 1.46 Bn |
| Mar 31, 2022 | 2.56 Bn |
| Dec 31, 2021 | 2.89 Bn |
Millicom International Cellular Market Capitalization API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=market-capitalization&ticker=TIGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "ticker": "TIGO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=market-capitalization&ticker=TIGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();