Millicom, a leading provider of fixed and mobile telecommunications services in Latin America through its Tigo brand, is joining the Alliance for Creativity and Entertainment (ACE). With piracy harming economic development and impoverishing societies, it is up to content providers and operators to unite to tackle this issue.
ACE is the world’s leading coalition on the preservation of legal systems, which protects the ecosystem of creative content production. Tigo is the first telecommunications company in Latin America to join the anti-piracy coalition and is ACE’s 40th global member. This partnership furthers the anti-piracy group’s presence and strength in Latin America.
By adding Tigo to its growing membership, ACE can continue expanding its reach and impact in key Latin American markets where the company operates. Millicom is a market leader in mobile, broadband, and PayTV distribution in Bolivia, Colombia, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, and Paraguay.
At a global level, piracy of digitally streamed content represents 80% of all piracy today. According to the Global Innovation Policy Center, piracy amounts to as much as $71 billion annually in lost revenues in the United States. Its consequences put innovation, creativity, and investment at risk and threaten creators, innovators, industry professionals, and consumers.
Millicom 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 June 30, 2022, Millicom employed approximately 20,000 people and provided mobile and fiber-cable services through its digital highways to around 50 million customers, with a fiber-cable footprint of close to 13 million homes passed.