Millicom International Cellular SA
Industry Group: Telecommunication Services
Country/Region: Luxembourg
Identifier: OME:TIGO
Millicom offers wireless and fixed-line telecom services primarily in smaller, less developed countries in Latin America. Countries served include Bolivia (100% owned), Nicaragua (100%), Panama (100%), El Salvador (100%), Guatemala (100%), Paraguay (100%), Colombia (50%), and Honduras (67% but not controlled or consolidated in the firm's financial statements). The firm’s wireless networks cover about 120 million people, serving 41 million customers. Its fixed-line networks reach 14 million homes, serving about 4 million broadband customers. Increasingly, Millicom offers converged packages that include broadband with wireless services. The firm has agreed to sell the majority of its wireless towers to SBA Communications for $975 million.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Telecommunication Services 48 out of 210
Universe
Global Universe 4729 out of 15080
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Millicom International Cellular SA |
20.5
Medium
|
48 out of 210 |
Axiata Group Bhd. |
24.4
Medium
|
95 out of 210 |
PCCW Ltd. |
29.9
Medium
|
151 out of 210 |
Cogent Communications Holdings, Inc. |
30.3
High
|
155 out of 210 |
AST Spacemobile, Inc. |
33
High
|
186 out of 210 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Millicom International Cellular SA's Exposure is Medium
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Millicom International Cellular SA's Management of ESG Material Risk is Strong
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Top Material ESG Issues for Millicom International Cellular SA
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Controversy Rating
Highest Controversy level that has impacted Millicom International Cellular SA's ESG Risk Rating in the last three years
Highest Controversy Level