Millicom Resolves DOJ Investigation with Deferred Prosecution Agreement

Tip Ranks
2025.11.12 22:25
portai
I'm PortAI, I can summarize articles.

Millicom International Cellular S.A. announced a deferred prosecution agreement with the U.S. DOJ to resolve an investigation into improper payments to Guatemalan officials. The company will pay a $60 million fine and forfeit $58.2 million in benefits. The DOJ acknowledged Millicom's cooperation, leading to a reduced penalty and no corporate monitor requirement. Analysts rate TIGO stock as a Buy with a $52 price target, citing strong profitability and cash flow, though risks include high leverage and revenue decline.

Meet Your ETF AI Analyst

  • Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
  • Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.

An update from Millicom International Cellular SA ( (TIGO) ) is now available.

Millicom International Cellular S.A. announced on November 10, 2025, that its subsidiary, Comunicaciones Celulares S.A. (Comcel), has reached a deferred prosecution agreement with the U.S. Department of Justice (DOJ) to resolve an investigation into historical improper payments to Guatemalan officials. The investigation, which began in 2015, was resolved with Comcel agreeing to pay a $60 million fine and forfeiting $58.2 million in benefits. Millicom’s cooperation and remediation efforts, including the implementation of a robust compliance program, were recognized by the DOJ, resulting in a reduced penalty term and no requirement for a corporate monitor. This resolution underscores Millicom’s commitment to ethical operations and transparency.

The most recent analyst rating on (TIGO) stock is a Buy with a $52.00 price target. To see the full list of analyst forecasts on Millicom International Cellular SA stock, see the TIGO Stock Forecast page.

Spark’s Take on TIGO Stock

According to Spark, TipRanks’ AI Analyst, TIGO is a Outperform.

Millicom International Cellular SA’s stock is supported by strong profitability and cash flow, positive technical indicators, and attractive valuation metrics. The earnings call further reinforces confidence with strategic growth initiatives and record profitability. However, high leverage and revenue decline are risks that need monitoring.

To see Spark’s full report on TIGO stock, click here.

More about Millicom International Cellular SA

Millicom International Cellular S.A. is a prominent provider of fixed and mobile telecommunications services in Latin America, operating under the TIGO and Tigo Business brands. The company offers a variety of digital services and products, such as TIGO Money for mobile financial services, TIGO Sports for entertainment, TIGO ONEtv for pay TV, and high-speed data, voice, and business solutions. As of September 2025, Millicom served over 46 million customers and had a fiber-cable footprint covering more than 14 million homes.

Average Trading Volume: 918,486

Technical Sentiment Signal: Buy

Current Market Cap: $8.15B

Find detailed analytics on TIGO stock on TipRanks’ Stock Analysis page.

Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
© 2025 Longbridge｜Disclaimer