Connecting Bolivia

Tigo is building Bolivia’s digital network, promoting

productivity and empowering the unbanked

Investing in a prosperous future for Bolivians

Tigo Bolivia’s investments

between 2014-2017
are equivalent to $433 78%
19% MILLION of total investments
in 2017 built networks
invested by Tigo Bolivia and equipment
of Bolivia’s foreign
between 2014-2017
direct investment

Creating local jobs and wellbeing

Tigo supports over

Equivalent to 13.6% of homes

42,000
jobs in Bolivia in Cochabamba

Higher productivity than any other sector in Bolivia leading to...

For every one job at Tigo

$470
13.1 jobs have been
MILLION
contribution
to the country’s
GDP in 2017
indirectly created

Building digital highways and increasing financial inclusion

3.6 MILLION Bolivians are unbanked

1 in every 3 Tigo is changing this...
Bolivians are
Tigo mobile
subscribers
500,000
500,000
users have a mobile
wallet with Tigo Money

Over 223% annual growth

$287
in 4G LTE smartphone users between
2014-2017

MILLION
MILLION
was transacted in 2017 using
Tigo Money in Bolivia

Driving positive change in local communities

Over
Tigo Bolivia and its
employees contributed $200,000
$127 MILLION assigned to social impact projects in 2017
connecting and educating
in taxes in 2017

This corresponds to the annual salaries of

2,000 116 37,500
13,500 school
teachers
women
Project pilot in 2017,
set to reach 100,000
education
centers
students
and teachers
in 2018

The sources listed for all information provided by Copenhagen Economics in this analysis can be found on www.millicom.com