Millicom to invest $135 million on network modernisation

Xavier Rocoplan Millicom.jpg

Millicom to invest $135 million over two to three years as it modernises its mobile networks in Honduras, Paraguay, and Bolivia.

The project is another win for Ericsson, which will supply its latest radio system products and solutions, paving the way for 5G deployment across the continent. Ericsson will also replace TIGO’s current 4G packet core and introduce its dual-mode 5G Core as part of the project.

Across the three countries, Millicom, through its TIGO operations, will expand its network coverage to reach an additional 712 municipalities and 2.5 million people.

“Millicom has a strategy to achieve and maintain network leadership in all the markets in which it operates. We want to offer the best mobile experience in the market and connect more people in both urban and rural areas,” said Xavier Rocoplan (pictured), EVP, CTIO at Millicom.

“With this project, we further our purpose to build the best digital highways where we operate, to connect people, improve lives, and help develop our communities.”

Arun Bansal, president of Europe and Latin America for Ericsson added: "Ericsson is leading in 5G. With our drive for innovation, we are incredibly pleased to unite with Millicom and bring the crucial connectivity to Latin America while paving the way towards 5G. Working alongside such a prominent telecommunication provider, we double-down on our commitment to closing the digital divide globally. While the pandemic has changed much more than simply how we communicate, connectivity remains as crucial as ever.”