Millicom Accelerates Fiber Deployments with Harmonic

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Feb 20, 2024, 08:00 ET

Millicom Leverages Harmonic's Unique Hybrid Fiber-Cable, Node-Based Solution to Offer High-Speed Fiber to the Home Broadband

SAN JOSE, Calif., Feb. 20, 2024 /PRNewswire/ -- Harmonic (NASDAQ: HLIT) today announced that Millicom (NASDAQ: TIGO), a leading provider of fixed and mobile telecommunications services in Latin America through the TIGO^® brand, has successfully launched XGS-PON fiber-to-the-home (FTTH) with Harmonic's industry-leading cOS^® broadband platform. This expands on Millicom's previously announced use of the cOS platform to provide high-speed broadband services across nine countries in Latin America.

"Adding fiber services with the Harmonic fiber solution enables us to ensure faster, reliable broadband experiences that delight our residential subscribers while simultaneously giving us the flexibility to offer ultrahigh-speed fiber broadband for enterprise accounts," said Fabio Mando, Chief Technology Officer at Millicom. "With Harmonic's platform, we simplify management of fiber and cable networks, increase speeds available to our customers and accelerate time to market of broadband services."

Harmonic's Ripple hybrid fiber-cable nodes, powered by the Jetty hardened switch and Fin SFP+ OLT modules, enable Millicom to augment existing nodes to strategically and quickly deploy FTTH while continuing to deliver DOCSIS services. Advanced telemetry via cOS Central's real-time network analytics provides Millicom powerful new insights and actionable recommendations for optimal system performance.

"We're excited to broaden our partnership with Millicom and further support their business growth," said Nimrod Ben-Natan, Senior Vice President and General Manager, Broadband Business at Harmonic. "With the cOS platform and Harmonic's hybrid nodes, Millicom can fast-track cost-effective deployment of new high-speed fiber broadband across Latin America and increase access to their market-leading internet options."

Harmonic's Emmy Award-winning cOS virtualized core powers next-gen broadband services to more than 26 million homes for 108 service providers worldwide, including leading operators in the U.S., Europe, Latin America and Asia.

Further information about Harmonic and the company's solutions is available at www.harmonicinc.com.

About Harmonic
Harmonic (NASDAQ: HLIT), the worldwide leader in virtualized broadband and video delivery solutions, enables media companies and service providers to deliver ultra-high-quality video streaming and broadcast services to consumers globally. The company revolutionized broadband networking via the industry's first virtualized broadband solution, enabling cable operators to more flexibly deploy gigabit internet service to consumers' homes and mobile devices. Whether simplifying OTT video delivery via innovative cloud and software platforms, or powering the delivery of gigabit internet cable services, Harmonic is changing the way media companies and service providers monetize live and on-demand content on every screen. More information is available at www.harmonicinc.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements concerning Harmonic's business and the anticipated capabilities, advantages, reliability, efficiency, market acceptance, market growth, specifications and benefits of Harmonic products, services and technology are forward-looking statements. These statements are based on our current expectations and beliefs and are subject to risks and uncertainties, including the risks and uncertainties more fully described in Harmonic's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended Dec. 31, 2023, its Quarterly Reports on Form 10-Q and its Current Reports on Form 8-K. The forward-looking statements in this press release are based on information available to Harmonic as of the date hereof, and Harmonic disclaims any obligation to update any forward-looking statements.

Harmonic, the Harmonic logo and other Harmonic marks are owned by Harmonic Inc. or its affiliates. All other trademarks referenced herein are the property of their respective owners.

About Millicom
Millicom (NASDAQ U.S.: TIGO, Nasdaq Stockholm: TIGO_SDB) is a leading provider of fixed and mobile telecommunications services in Latin America. Through our TIGO® and Tigo Business® brands, we provide a wide range of digital services and products, including TIGO Money for mobile financial services, TIGO Sports for local entertainment, TIGO ONEtv for pay TV, high-speed data, voice, and business-to-business solutions such as cloud and security. As of September 30, 2023, Millicom, including its Honduras Joint Venture, employed approximately 19,000 people and provided mobile and fiber-cable services through its digital highways to more than 45 million customers, with a fiber-cable footprint over 13 million homes passed. Founded in 1990, Millicom International Cellular S.A. is headquartered in Luxembourg.

SOURCE Harmonic Inc.