Millicom International Cellular (LON:MICC) Insider Acquires £318,081 in Stock

Millicom International Cellular S.A. (LON:MICC) insider Peter ter Kulve acquired 23,150 shares of Millicom International Cellular stock in a transaction that occurred on Monday, June 1st. The stock was purchased at an average cost of GBX 1,374 per share, for a total transaction of £318,081.

Millicom International Cellular Price Performance

Millicom International Cellular stock opened at GBX 1,177 on Monday. Millicom International Cellular S.A. has a 1-year low of GBX 955.64 and a 1-year high of GBX 1,433.50. The stock has a market cap of £7.21 billion and a price-to-earnings ratio of 24.52. The stock has a 50-day moving average price of GBX 1,094.59.

Millicom International Cellular SA, commonly known by its Tigo brand in many markets, is a telecommunications and media company headquartered in Luxembourg. The company focuses on providing connectivity and digital services to consumers and businesses in emerging markets, with an emphasis on mobile communications, fixed broadband and cable television.

Millicom’s principal commercial offerings include mobile voice and data services, fixed broadband (including DSL and increasingly fiber-based access where available), pay-TV and bundled consumer packages.