Millicom International Cellular (TIGO) Total Debt (2009 - 2026)
Millicom International Cellular's Total Debt was $68 million in Q2 2026, up 518.2% from $11 million a year earlier and up 3.0% from the prior quarter.
Millicom International Cellular (TIGO) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Total Debt at Millicom International Cellular came in at $23 million, down 99.6% from FY2024.
- Total Debt has now declined for three consecutive years, with a five-year compound annual growth rate of -66.7% (FY2020 to FY2025).
- In earlier years, Total Debt was $5.23 billion in FY2024 (-19.8%), $6.52 billion in FY2023 (-2.3%), $6.68 billion in FY2022 (+13.1%) and $5.91 billion in FY2021 (+5.8%).
- The Q2 2026 figure marks the highest quarterly Total Debt since Q4 2024.
- Compared with a year earlier, Total Debt was higher in two of the last four quarters, with growth averaging 281.0%.
- The best year-over-year quarter for Total Debt over five years was Q1 2026 (growth of 725.0%); the worst was Q4 2025 (a decline of 99.6%).
- Per Business Quant data, TIGO's Total Debt in the three quarters before Q2 2026 was $66 million (Q1 2026), $23 million (Q4 2025) and $16 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Verizon Communications | 185.25 Bn | 148.37 Bn | 27.03 Bn | 165.23 Bn |
| 2 | T-Mobile US | 158.63 Bn | 143.38 Bn | 14.76 Bn | 84.62 Bn |
| 3 | Grupo Televisa, S.A.B | 147.96 Bn | 139.70 Bn | 318.12 Mn | 4.70 Bn |
| 4 | At&T | 143.36 Bn | 84.83 Bn | 26.22 Bn | 159.63 Bn |
| 5 | Comcast | 80.87 Bn | 46.67 Bn | - | 87.40 Bn |
| 6 | Vodafone Group Public | 37.85 Bn | 7.25 Bn | - | 60.32 Bn |
| 7 | Chunghwa Telecom | 37.61 Bn | 29.62 Bn | 728.80 Mn | 184.96 Mn |
| 8 | EchoStar | 25.86 Bn | 16.95 Bn | 1.65 Bn | 17.43 Bn |
| 9 | Telefonica Brasil | 20.93 Bn | 14.95 Bn | 1.42 Bn | 29.48 Mn |
| 10 | Millicom International Cellular | 13.16 Bn | 7.91 Bn | - | 7.65 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.65 Bn |
| Mar 31, 2026 | 7.39 Bn |
| Dec 31, 2025 | 6.89 Bn |
| Sep 30, 2025 | 5.82 Bn |
| Jun 30, 2025 | 5.56 Bn |
| Mar 31, 2025 | 5.52 Bn |
| Dec 31, 2024 | 5.82 Bn |
| Sep 30, 2024 | 5.93 Bn |
| Jun 30, 2024 | 6.18 Bn |
| Mar 31, 2024 | 6.09 Bn |
| Dec 31, 2023 | 6.70 Bn |
| Sep 30, 2023 | 6.49 Bn |
| Jun 30, 2023 | 6.51 Bn |
| Mar 31, 2023 | 6.67 Bn |
| Dec 31, 2022 | 6.80 Bn |
| Sep 30, 2022 | 6.74 Bn |
| Jun 30, 2022 | 6.73 Bn |
| Mar 31, 2022 | 6.88 Bn |
| Dec 31, 2021 | 7.74 Bn |
| Sep 30, 2021 | 5.17 Bn |
Millicom International Cellular Total Debt 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=total-debt&ticker=TIGO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=TIGO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();