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Stock impact report

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

Millicom International Cellular S.A. (TIGO) 
Last millicom international cellular s.a. earnings: 5/1 04:01 pm Check Earnings Report
Company Research Source: GlobeNewswire
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 net Show less Read more
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