Millicom International Cellular S.A. (TIGO) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everyone, and welcome to our first quarter 2026 results call. This event is being recorded. Our speakers today will be our CEO, Marcelo Benitez, and Bart Van Aeren, CFO of the company. The slides for today's presentations are available on our website, along with the earnings release and our financial statements. Now, please turn to slide two for the safe harbor disclosure. We'll be making forward-looking statements, which involve risks and uncertainties, which could have a material impact on our results. On slide 3, we find the non-IFRS metrics that we will be referencing throughout this presentation, that you can find the consideration tables in the back of our earnings release and on our website. With those disclaimers out of the way, let me now turn the call over to our CEO, Marcelo Enites. Marcelo? Thank you, Luca, and thank you everyone for joining our call today. We are off to a solid start in 2026, both operationally and from a financial perspective. From an operational standpoint, post-paid net additions amounted to $5.6 million, while home net adds amounted to $1.5 million. These significant increases reflect the relevance of the Colombia acquisition and the opportunity that lies ahead. Importantly, Even excluding inorganic growth, post-pay net additions amounted to 250,000 and home net additions amounted to 46,000. This is a testament of the health of our underlying business and the strength of our customer value proposition. From the financial perspective, organic service revenue growth was a robust 4.9% year over year. This not only represents a solid continuation of the momentum achieved in our seasonally strong fourth quarter in 2025, but also reinforces the expectation of our top-line acceleration throughout 2026. The quarter ranks among one of ...