Millicom Q2 FY26 adjusted EBITDA rises 9.1% to USD 1.01 billion; service revenue increases 5.4% to USD 2.04 billion - TIGO News | RalliesMillicom Q2 FY26 adjusted EBITDA rises 9.1% to USD 1.01 billion; service revenue increases 5.4% to USD 2.04 billion
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TIGO• Q2 service revenue and EBITDA rise
- Millicom posted Q2 service revenue of USD 2.04 billion, up 58% year on year; non-IFRS organic growth was 5.4%.
- Non-IFRS adjusted EBITDA rose to USD 1.01 billion from USD 638 million, lifting the adjusted EBITDA margin to 46.3% from 46.7%.
- Non-IFRS equity free cash flow climbed 50.1% year on year to USD 327 million, reflecting USD 369 million higher adjusted EBITDA.
Subscriber trends and updated 2026 outlook
- Postpaid net adds totaled 262,000; home net adds were -7,000, or 7,000 on a normalized basis.
- Millicom lifted its 2026 non-IFRS equity free cash flow target to around USD 1.1 billion; it reiterated leverage below 2.5x at year-end.
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