Tigo Uruguay, also known as Telefónica Móviles de Uruguay and Movistar Uruguay, is a privately owned company headquartered in Uruguay, operating as a subsidiary of Tigo (Millicom). Founded in 2026, and with an estimated 150 employees, the telecoms company reported $32.1M in revenue as of 2024, functioning as a tier 3 media tech buyer. The company operates as a telecommunications company, having entered the market following Millicom's acquisition of Telefónica's local operations to officially replace the former Movistar brand in 2026.

Revenue

Founded

2026

Headcount

145

Headquarters

Uruguay

Primary Segment

Telecoms

Ownership

Privately Owned

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Tigo Uruguay offers 5 products in the media and telecoms services industry. Tigo Uruguay's product portfolio comprises of telecoms, consumer electronics and media and TV services.
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Tigo Uruguay's revenues were less than $50M in 2024. Caretta Research has split Tigo Uruguay's revenue into 5 different product categories, the largest of which is mobile services. For full access to Tigo Uruguay's revenue breakdown subscribe to Caretta Portal.
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