Showing posts with label Millicom. Show all posts
Showing posts with label Millicom. Show all posts

Wednesday, May 12, 2021

Millicom picks Parallel Wireless for O-RAN in Colombia

Parallel Wireless has been selected by Millicom to provide  O-RAN compliant networks in Latin America enabling 4G. 

In the first phase of the partnership, Parallel Wireless will provide O-RAN compliant Open RAN solutions utilizing 700MHz spectrum, enabling broadband connectivity in Colombia.   As the main systems integrator, Parallel Wireless will provide end-to-end solutions including installation and integration and network monitoring services while demonstrating strong network performance and exceeding Key Performance Indicators (KPIs). These sites are being built on an O-RAN architecture with a Remote Radio Unit (RRU) provided by an ecosystem of partners and Parallel Wireless Distributed Unit (DU) and Central Unit (CU) software will be running on a vBBU (virtual Baseband Unit) provided by server partners such as Supermicro and deployed on site.

Xavier Rocoplan, EVP Chief Technology and Information Officer at Millicom said "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. 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 at 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."


Monday, April 19, 2021

Millicom divests its African operations

Millicom International Cellular S.A. announced plans to sell its operations in Tanzania and for its stake in the AirtelTigo joint venture in Ghana. Once closed, the transactions will complete Millicom’s multi-year plan to divest its African operations and focus on its Latin America markets. Financial terms were not disclosed.

In Tanzania, Millicom has agreed to sell its entire operations to a consortium led by Axian, a pan-African group that was part of the consortium that acquired Millicom’s operations in Senegal in 2018.

In Ghana, Millicom along with its joint venture partner, Bharti Airtel Limited, have signed a definitive agreement for the transfer of AirtelTigo to the Government of Ghana. Millicom will take a $25 million charge as a result of this agreement. 

Millicom CEO, Mauricio Ramos, commented: “Today Tigo is a leading provider of broadband services to consumers, businesses and governments in Latin America, where penetration and data speeds remain low by the standards of more mature markets. Through our investment-led strategy, we are bringing reliable high-speed mobile and fixed broadband to the communities we serve in the region. With today’s announcement that we are divesting our remaining African businesses, we close a chapter in our history and open another solely focused on the Latin American region.”

https://millicom.gcs-web.com/