Millicom International Cellular SA (TIGO) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Millicom International Cellular SA announced changes in its executive leadership with Mauricio Ramos stepping down as Chair of the Board and Maxime Lombardini taking over as Interim Non-Executive Chair. Under Ramos’s tenure, Millicom refocused its business on Latin America, exiting six African markets and bolstering its Latin American presence through strategic acquisitions and consolidations, making Panama its second-largest cash flow generator. The company praised Ramos for his strategic vision and leadership, which significantly strengthened Millicom’s regional position in telecommunications.
For further insights into TIGO stock, check out TipRanks’ Stock Analysis page.