Millicom International Cellular S.A. (TIGO) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello, everyone, and welcome to our third quarter 2025 results call. This event is being recorded. Our speakers today will be our CEO, Marcelo Benitez, and Bart von Ehren, 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 will be making forward-looking statements which involve risks and uncertainties, and which could have a material impact on our results. On slide three, we define the non-IFRS metrics that we will reference throughout this presentation. And you can find reconciliation tables in the back of our earnings release and on our website. With those scammers out of the way, let me turn the call over to our CEO, Mancelo Renintes. Good morning, everyone, and thank you for joining us. This has been another strong quarter for Millicom. Before we begin, I want to express my heartfelt appreciation to all members of the Tigo team. Your dedication and purpose-driven execution are at the heart of these results. Once again, thank you. In the third quarter, we accelerate the top-line growth while maintaining strict cost discipline. This reflects the consistent execution of our EE strategy, delivering the best customer experience with maximum efficiency. We also advance on our strategic agenda, completing the Uruguay and Ecuador acquisition and closing the SBA Tower transaction. three milestones that strengthen both our balance sheet and regional footprint. Organically, service revenue grew 3.5% year over year, supported by mobile subscriber growth and ARPU expansion in prepaid. Most importantly, we remain firmly on track to deliver our 750 million equity free cashflow target for 2025. Let's now review the key...