STOCK TITAN

Millicom First to bring innovative O-RAN compliant Open RAN to Latin America

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary

Millicom has become the first operator in Latin America to deploy O-RAN compliant Open RAN technology, partnering with Parallel Wireless. The initiative, executed by Millicom's subsidiary TIGO Colombia, will enhance 4G service coverage across 362 rural sites. This innovative architecture allows the integration of various suppliers' hardware and software, promoting faster mobile coverage in remote areas. Millicom aims to increase efficiency and reduce costs by diversifying its supplier base, ultimately improving digital connectivity for rural communities.

Positive
  • Millicom is the first operator in Latin America to deploy O-RAN compliant Open RAN architecture.
  • The deployment covers 362 rural sites in Colombia, enhancing accessibility to 4G services.
  • Open RAN technology promotes integration with multiple suppliers, potentially reducing costs and increasing efficiency.
Negative
  • None.

Millicom First to bring innovative O-RAN compliant Open RAN to Latin America

Partners with Parallel Wireless for the deployment

Millicom subsidiary TIGO Colombia to deliver service with 362 rural sites

Luxembourg, May 12, 2021 Millicom will become the first operator in Latin America to deploy O-RAN compliant Open Radio Access Network (Open RAN) architecture in partnership with Parallel Wireless. The innovative technology will be deployed by Millicom’s subsidiary Tigo Colombia, delivering 4G service coverage with 362 rural sites.

Open RAN is the disaggregation of hardware and software components so that one supplier’s software can be integrated with another supplier’s radio and commercial-off-the-shelf (COTS) server hardware. This open architecture paves the way for faster mobile coverage roll-out to remote rural areas. By taking this step, Millicom is fostering a broader industrial ecosystem, where both traditional and alternative vendors compete to provide radio access network (RAN) equipment and software, for the benefit of rural communities across Latin America.

“For us at Millicom, delivering O-RAN based Open RAN technology is an important milestone. It not only means connecting more people in rural areas, starting with Colombia, but it’s also an innovative approach to reducing cost, increasing flexibility and efficiency by diversifying our supplier base”, said Xavier Rocoplan, EVP, Chief Technology and Information Officer at Millicom. “We hope to bring this technology to more sites across our Latin American markets, as we fulfill our purpose to build digital highways that connect people, improve lives, and help develop our communities.”

Keith Johnson, President, Parallel Wireless said “Millicom is an innovator in mobile connectivity, and we are excited to partner with them by deploying our world leading O-RAN compliant Open RAN solutions, enabling them to set an example for operators in the region and supporting their efforts to be the first to bring 4G connectivity to their rural and urban subscribers. We are proud to have been selected as an approved supplier and partner for Millicom, and we look forward to expanding the deployments across many more locations throughout Latin America in the years to come.”

By bringing innovation such as Open RAN to markets like Colombia, Millicom is helping to increase 4G penetration in the region, as the basis for the future 5G deployments and to tap the potential of cloud and artificial intelligence in its mobile network.

-END-

Courtesy photos:

For further information, please contact

Press:
Vivian Kobeh, Director Corporate Communications
+1-786-628-5300
press@millicom.com

 

Yocasta Valdez, Group Manager Digital Media & Communications
+1-305-929-5417
press@millicom.com
Investors:
Michel Morin, VP Investor Relations
+1-786-628-5270                                                                                                           investors@millicom.com

 

Sarah Inmon, Director Investor Relations
+1-786-628-5303                                                                                                  investors@millicom.com

About Millicom
Millicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of fixed and mobile services dedicated to emerging markets in Latin America and Africa. Millicom sets the pace when it comes to providing high-speed broadband and innovation around The Digital Lifestyle® services through its principal brand, TIGO. As of December 31, 2020, Millicom operating subsidiaries and joint ventures employed more than 21,000 people and provided mobile services to approximately 55 million customers, with a cable footprint of more than 12 million homes passed. Founded in 1992, Millicom International Cellular S.A. is headquartered in Luxembourg.

About Parallel Wireless
At Parallel Wireless, we believe that software has the power to unleash amazing opportunities for the world. We disrupt the ways wireless networks are built and operated. We are reimagining how hardware, software, and the cloud work together to change deployment economics for our customers. Our ALL G (2G 3G 4G 5G) O-RAN compliant software platform forms an open, secure, and intelligent RAN architecture to deliver wireless connectivity, so all people can be connected whenever, wherever, and however they choose. We are engaged with over 50 global MNOs and have been recognized with over 74 industry awards. At the core of what we do is our team of Reimaginers who value innovation, collaboration, openness, and customer success. For more information, visit: www.parallelwireless.com. Connect with Parallel Wireless on LinkedIn and Twitter.

 

Attachments


FAQ

What is Millicom's TIGO Colombia initiative?

TIGO Colombia is deploying O-RAN compliant Open RAN technology to enhance 4G service coverage in 362 rural sites.

When did Millicom announce the O-RAN deployment?

Millicom announced the O-RAN deployment on May 12, 2021.

How does Open RAN technology benefit rural connectivity?

Open RAN technology allows for faster deployment and integration of various suppliers' equipment, improving mobile coverage in rural areas.

What is the significance of Millicom's partnership with Parallel Wireless?

The partnership marks a significant step in mobile connectivity innovation, setting an example for operators in the region as they introduce advanced network solutions.

What are the future plans for Millicom's O-RAN technology?

Millicom plans to expand O-RAN technology deployments across more sites in Latin America to increase 4G penetration and prepare for future 5G implementations.

Millicom International Cellular S.A.

NASDAQ:TIGO

TIGO Rankings

TIGO Latest News

TIGO Stock Data

4.51B
171.50M
1.78%
5.09%
0.04%
Telecom Services
Communication Services
Link
United States of America
Luxembourg City