Millicom (Tigo) Q2 2025 Earnings Release

Are there any notable regulatory, macro‑economic, or currency headwinds affecting future performance? What are the implications for dividend policy or share buy‑back plans based on cash generation? What were the headline earnings metrics (revenue, EBITDA, net profit) and how do they compare to the prior quarter and year‑over‑year? What impact could the observed results have on the stock’s valuation multiples (EV/EBITDA, P/E) and upside/downside potential? How does the Q2 performance compare to key regional competitors (e.g., América Móvil, Telecel, Vodacom) in terms of market share and profitability? What operational or strategic initiatives (e.g., network rollout, digital services rollout) are highlighted and what is their expected impact on future growth? What is the current debt profile and any changes to the debt‑to‑equity ratio or refinancing plans? How did capital expenditures and cash‑flow generation perform relative to expectations? What were the subscriber growth numbers and ARPU trends across different regions? Did the company raise or lower its guidance for the full year 2025, and what assumptions drive those changes?