Millicom International Cellular SA

In a Stage 2 advancing context, the Bullish Pivot Point signals failure of downside control and structural repair, reinforcing medium-term bullish bias, while short-term consolidation around rising EMAs offers no clear trigger. We Stalk for a shallow pullback into the pivot support zone or a decisive breakout above near-term resistance, aligning with our Momentum + EPS strategy to engage continuation with discipline.

• ↑Q2 ’26 revenue +59.4% YoY to $2.18B; adj. EBITDA +58% YoY at $1B
• ↑Raised 2026 equity free cash flow guidance from ≥$900M to ~$1.1B
• ↓Potential >$100M liability from bribery-linked severance claims in Guatemala