<SEC-DOCUMENT>0000950103-26-004382.txt : 20260318
<SEC-HEADER>0000950103-26-004382.hdr.sgml : 20260318
<ACCEPTANCE-DATETIME>20260318211423
ACCESSION NUMBER:		0000950103-26-004382
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20260318
FILED AS OF DATE:		20260318
DATE AS OF CHANGE:		20260318

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Lesina Karim Antonio
		CENTRAL INDEX KEY:			0002094831
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-38763
		FILM NUMBER:		26771965

	MAIL ADDRESS:	
		STREET 1:		DORAL CONCOURSE
		STREET 2:		8400 NW 36TH STREET, SUITE 530 DORAL
		CITY:			DORAL
		STATE:			FL
		ZIP:			33166

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			MILLICOM INTERNATIONAL CELLULAR SA
		CENTRAL INDEX KEY:			0000912958
		STANDARD INDUSTRIAL CLASSIFICATION:	RADIO TELEPHONE COMMUNICATIONS [4812]
		ORGANIZATION NAME:           	06 Technology
		EIN:				000000000
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		148-150, BOULEVARD DE LA PETRUSSE
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-2330
		BUSINESS PHONE:		3524571451

	MAIL ADDRESS:	
		STREET 1:		148-150, BOULEVARD DE LA PETRUSSE
		CITY:			LUXEMBOURG
		STATE:			N4
		ZIP:			L-2330
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>ownership.xml
<DESCRIPTION>FORM 3
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0607</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2026-03-18</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000912958</issuerCik>
        <issuerName>MILLICOM INTERNATIONAL CELLULAR SA</issuerName>
        <issuerTradingSymbol>TIGO</issuerTradingSymbol>
        <issuerForeignTradingSymbol></issuerForeignTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002094831</rptOwnerCik>
            <rptOwnerName>Lesina Karim Antonio</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O MILLICOM INTERNATIONAL CELLULAR S.A.</rptOwnerStreet1>
            <rptOwnerStreet2>8400 NW 36TH STREET, SUITE 530</rptOwnerStreet2>
            <rptOwnerCity>DORAL</rptOwnerCity>
            <rptOwnerState>FL</rptOwnerState>
            <rptOwnerZipCode>33166</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>EVP, CEA Officer</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Shares</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>160598</value>
                    <footnoteId id="F1"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeHolding>
            <securityTitle>
                <value>Stock Appreciation Rights</value>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>20.30</value>
            </conversionOrExercisePrice>
            <exerciseDate>
                <value>2027-01-01</value>
            </exerciseDate>
            <expirationDate>
                <value>2034-01-01</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Shares</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>19816</value>
                    <footnoteId id="F2"/>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeHolding>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">Includes 34,400 common shares subject to outstanding restricted share units granted to the reporting person in consideration for service to the issuer which vest based on the reporting person's continued service through the applicable vesting dates.</footnote>
        <footnote id="F2">Upon exercise, each stock appreciation right entitles the reporting person to an amount in cash equal to the excess of the fair market value of a common share of the issuer over the exercise price per common share, subject to the reporting person's continued service through the date exercisable.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Karim Lesina</signatureName>
        <signatureDate>2026-03-18</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
