Millicom Accelerates Fiber Deployments With Harmonic, With The Launch Of XGS-PON Fiber-To-The-Home
Portfolio Pulse from Benzinga Newsdesk
Harmonic (NASDAQ:HLIT) and Millicom (NASDAQ:TIGO) have expanded their partnership with the launch of XGS-PON fiber-to-the-home (FTTH) in Latin America, leveraging Harmonic's cOS broadband platform. This move aims to provide high-speed, reliable broadband to Millicom's residential and enterprise customers across nine countries, enhancing network management and service deployment speeds. Harmonic's technology, including its Ripple hybrid fiber-cable nodes, enables strategic and cost-effective FTTH deployment, promising improved internet access and performance insights through advanced telemetry.
February 20, 2024 | 1:04 pm
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POSITIVE IMPACT
Harmonic's partnership with Millicom for the deployment of XGS-PON FTTH in Latin America showcases its cOS broadband platform's capabilities and could enhance its market position and revenue prospects in the region.
The expanded partnership with Millicom and the deployment of advanced broadband technology in Latin America could lead to increased demand for Harmonic's services and products, positively impacting its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Millicom's launch of XGS-PON FTTH with Harmonic's technology in Latin America aims to enhance its broadband offerings, potentially increasing its customer base and strengthening its competitive position in the region.
By leveraging Harmonic's advanced broadband technology, Millicom could significantly improve its service offerings, attracting more residential and enterprise customers, which may positively influence its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 90