Latest news with #OpenRAN
Broadcast Pro
a day ago
- Business
- Broadcast Pro
Türk Telekom, Net Insight and Parallel Wireless advance 6G Open RAN
Türk Telekom, the first to implement GPS/GNSS-independent sync in 5G, is now adapting its patented tech with Net Insight for 6G. Türk Telekom has reaffirmed its leadership in next-generation telecommunications by taking a significant stride in 6G development through international partnerships. Teaming up with Parallel Wireless and Net Insight, the company has announced its support for Open RAN standardisation efforts aimed at advancing GPS/GNSS-independent synchronisation technologies. This breakthrough, which is being integrated into the standardised ORAN network architecture, has been developed jointly with Türk Telekoms local engineering teams and Net Insight. Having been the worlds first operator to deploy a GPS/GNSS-independent critical time and frequency synchronisation solution in 5G networks, Türk Telekom is now adapting its patented innovation for the 6G era. The collaboration with Parallel Wireless and Net Insight aims to push the boundaries of synchronisation research and help shape global 6G standards. A key element of this innovationcurrently under standardisation by the ITU-T through a newly proposed working articleis its ability to eliminate reliance on satellite systems. This not only improves network security and reliability but also significantly lowers operational costs. Zafer Orhan, Chief Network Officer at Türk Telekom, highlighted the companys commitment to technological leadership, said: 'We are working to shape the future of communication technologies worldwide with our expert engineers and technological experience. We continue our technology production and development efforts that will play an active role in establishing 6G standards through our global collaborations. We are making significant contributions to the ecosystem with our testing and productization studies on Open RAN. As part of our vision to shape the future of communication, we will carry out pioneering work with our global partners Net Insight and Parallel Wireless.' Parallel Wireless Founder and CEO Steve Papa added: 'Advancing global standards requires bold innovation and collaboration. Together with Türk Telekom and Net Insight, we are laying the foundation for next-generation networks using the latest technology. By combining our expertise, we are building a scalable and efficient Open RAN architecture that sets the stage for a 6G future.' Crister Fritzson, CEO of Net Insight, noted: 'As mobile networks continue to evolve, resilient time synchronization will continue to play a crucial role in securing network performance. Achieving GNSS/GPS independent time synchronization in a cost-efficient way requires solutions beyond traditional approaches, especially true as we see a move to an Open RAN architecture, and also towards the evolution of 6G. We are therefore delighted to be part of this exciting collaboration together with our innovative and progressive partners Türk Telekom and Parallel Wireless, to explore whats next in the evolution of mobile networks.'
Zawya
2 days ago
- Business
- Zawya
Ericsson ranks highest in Frost Radar™ 5G Network Infrastructure Market Report for fifth consecutive year
Ericsson has been recognized as a forefront leader in Frost & Sullivan's "Frost Radar: 5G Network Infrastructure, 2025" report for the fifth year in a row. This recognition highlights Ericsson's commitment to innovation and growth, as well as its ability to meet the evolving needs of communications service providers (CSPs) and enterprises worldwide. Frost & Sullivan independently plotted the top 23 companies in the Frost Radar analysis among over 100 global participants. These companies lead or innovate in various segments of the market. The report highlights Ericsson's contributions to the 5G landscape, cementing its position as a key player in shaping the future of mobile technologies. For the past five years, the company's innovative solutions have been acknowledged in this independent analysis as the leading portfolio for 5G network infrastructure. Ericsson's comprehensive portfolio includes products and solutions covering traditional radio access network (RAN), open and virtual RAN, core and edge networks, and private networks. Frost & Sullivan anticipates a shift towards open and virtual RAN across the industry, and notes that Ericsson's foray into Open RAN solutions 'will help make this a reality, especially since its first few customers are large and influential CSPs.' The use of artificial intelligence (AI) to automate network offerings and promote network APIs further demonstrates Ericsson's innovative approach to mobile networks, according to the Frost Radar report. Per Narvinger, Executive Vice President and Head of Business Area Networks at Ericsson, says: "Our consistent top ranking in the Frost Radar report shows our dedication to innovation in a dynamic market. By focusing on customer-centric solutions and using advanced technologies like AI and intent-driven automation, we are enhancing network programmability. This enables differentiated connectivity and supports our customers in their journey toward autonomous networks.' 'Leading the global 5G network infrastructure market for five consecutive years is a remarkable achievement,' says Troy Morley, Senior Industry Analyst, Frost & Sullivan Information, Communications and Technologies. 'Ericsson has consistently outperformed traditional competitors and fended off emerging entrants in this challenging market. Despite its size, the market experiences fluctuations, with periods of growth and decline. Ericsson has adeptly navigated these complexities by evolving its portfolio, ensuring its own financial stability while maintaining its leadership position.' With customers in more than 175 countries, Ericsson has proven its ability to scale its innovations globally with 2G, 3G, 4G, and now 5G, according to the report, adding that Ericsson's dedication to research and development (R&D) – with 21.6 percent of its revenue invested in 2024 alone – shows its resolve to stay ahead in an ever-evolving industry. 'Moreover, the company's strategic adjustments and focus on profitability have positioned it for sustained growth and stability,' Morley says. The acquisitions of Cradlepoint in 2020 and Vonage in 2022 have expanded Ericsson's reach into the enterprise market, complementing its robust CSP and industry partner base. The Frost Radar report highlights the growth potential in private 4G and 5G networks, where Ericsson is well-positioned to collaborate with CSPs and industry partners to continue to lead the market in these enterprise opportunities. Additionally, as energy efficiency becomes increasingly critical, Ericsson has focused on designing hardware products that are smaller, lighter, and more energy-efficient, while also rolling out a number of software solutions to optimize network resources. The full range is available to meet the growing demand for sustainable technology. The Frost Radar measures growth rates in addition to absolute revenue and combines them with several other factors to measure companies' performance along the Growth Index. The Frost Radar measures innovation for each company by assessing its product portfolio, the scalability of its innovations, the efficacy of its R&D strategy, and several other factors. Ericsson's 5G network infrastructure portfolio comprises 5G RAN, 5G Core, and 5G Transport that address all aspects of 5G deployments – from providing low latency and higher bandwidth to ensuring instant response times for users and lower power consumption per delivered gigabyte for CSPs. Ericsson's 5G network offering also includes Ericsson Radio System, Cloud RAN, Ericsson 5G Advanced, network automation, and Differentiated Connectivity. CSPs are empowered with 5G solutions that enable the modular approach when switching to the cloud-native 5G network or expanding their network for new business opportunities. Ericsson's private 5G solutions are tailored to drive digitalization in industry 4.0 and beyond through secure and powerful 4G LTE and 5G standalone (SA) connectivity. This enables enterprise organizations to improve efficiencies, visibility, and safety in their operations by leveraging the reliability, flexibility, low latency, and security that Ericsson's best-in-class radio portfolio enables. ABOUT ERICSSON: Ericsson's high-performing networks provide connectivity for billions of people every day. For nearly 150 years, we've been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality.
Al Bawaba
3 days ago
- Business
- Al Bawaba
Ericsson ranks highest in Frost Radar™ 5G Network Infrastructure Market Report for fifth consecutive year
Ericsson has been recognized as a forefront leader in Frost & Sullivan's "Frost Radar: 5G Network Infrastructure, 2025" report for the fifth year in a row. This recognition highlights Ericsson's commitment to innovation and growth, as well as its ability to meet the evolving needs of communications service providers (CSPs) and enterprises worldwide. Frost & Sullivan independently plotted the top 23 companies in the Frost Radar analysis among over 100 global participants. These companies lead or innovate in various segments of the market. The report highlights Ericsson's contributions to the 5G landscape, cementing its position as a key player in shaping the future of mobile technologies. For the past five years, the company's innovative solutions have been acknowledged in this independent analysis as the leading portfolio for 5G network infrastructure. Ericsson's comprehensive portfolio includes products and solutions covering traditional radio access network (RAN), open and virtual RAN, core and edge networks, and private networks. Frost & Sullivan anticipates a shift towards open and virtual RAN across the industry, and notes that Ericsson's foray into Open RAN solutions 'will help make this a reality, especially since its first few customers are large and influential CSPs.' The use of artificial intelligence (AI) to automate network offerings and promote network APIs further demonstrates Ericsson's innovative approach to mobile networks, according to the Frost Radar report. Per Narvinger, Executive Vice President and Head of Business Area Networks at Ericsson, says: "Our consistent top ranking in the Frost Radar report shows our dedication to innovation in a dynamic market. By focusing on customer-centric solutions and using advanced technologies like AI and intent-driven automation, we are enhancing network programmability. This enables differentiated connectivity and supports our customers in their journey toward autonomous networks.' 'Leading the global 5G network infrastructure market for five consecutive years is a remarkable achievement,' says Troy Morley, Senior Industry Analyst, Frost & Sullivan Information, Communications and Technologies. 'Ericsson has consistently outperformed traditional competitors and fended off emerging entrants in this challenging market. Despite its size, the market experiences fluctuations, with periods of growth and decline. Ericsson has adeptly navigated these complexities by evolving its portfolio, ensuring its own financial stability while maintaining its leadership position.' With customers in more than 175 countries, Ericsson has proven its ability to scale its innovations globally with 2G, 3G, 4G, and now 5G, according to the report, adding that Ericsson's dedication to research and development (R&D) – with 21.6 percent of its revenue invested in 2024 alone – shows its resolve to stay ahead in an ever-evolving industry. 'Moreover, the company's strategic adjustments and focus on profitability have positioned it for sustained growth and stability,' Morley says. The acquisitions of Cradlepoint in 2020 and Vonage in 2022 have expanded Ericsson's reach into the enterprise market, complementing its robust CSP and industry partner base. The Frost Radar report highlights the growth potential in private 4G and 5G networks, where Ericsson is well-positioned to collaborate with CSPs and industry partners to continue to lead the market in these enterprise opportunities. Additionally, as energy efficiency becomes increasingly critical, Ericsson has focused on designing hardware products that are smaller, lighter, and more energy-efficient, while also rolling out a number of software solutions to optimize network resources. The full range is available to meet the growing demand for sustainable technology. The Frost Radar measures growth rates in addition to absolute revenue and combines them with several other factors to measure companies' performance along the Growth Index. The Frost Radar measures innovation for each company by assessing its product portfolio, the scalability of its innovations, the efficacy of its R&D strategy, and several other factors.
Time of India
4 days ago
- Business
- Time of India
Mavenir & Siris announce recapitalisation plan, secure $300 million in senior financing
US-based network infrastructure firm Mavenir along with its existing investor Siris , a private equity firm, on Monday announced a recapitalisation plan in agreement with Mavenir's lenders. Under the plan, the transaction will eliminate over $1.3 billion in existing debt and secure $300 million in new senior financing, along with a subordinated facility from Siris and participating lenders, according to a statement from Mavenir, which was shared exclusively with ETTelecom. With increased liquidity, a more stable capital structure and substantially reduced net leverage, Mavenir will be well-positioned for sustained growth and long-term success, the company said. With the funding, Mavenir will be well-positioned to build on its industry-leading position in the mobile core development space. Siris will maintain its controlling ownership position in Mavenir and remain an active partner as Mavenir advances its vision of a cloud-native, AI-enabled network. 'We have been spearheading cloud transformation in Core and Open RAN. With a strengthened balance sheet and lower leverage, we are doubling down on our software expertise and domain knowledge to deliver a comprehensive, end-to-end, AI-native telco stack, setting Mavenir up for profitable growth in both Core and Open RAN,' said Pardeep Kohli , President and CEO of Mavenir. Mavenir will double down on its profitable core segment, a suite of software applications focused on voice, messaging, video and data services, while refining its Open RAN investments to prioritize software in 4G and 5G deployments. It will also maintain its Open RAN hardware IP and continue to support its existing customers to ensure maximum flexibility in the evolving Open RAN landscape. The firm said it will accelerate investment in AI capabilities across its mobile core and Open RAN businesses to drive autonomous networks, deliver AI-native solutions and unlock new revenue streams through AI-based solutions. This strategic focus aligns with Mavenir's vision of building the future of networks with cloud-native solutions that run on any cloud and will allow it to deliver more innovative products and programs to its global customer base while remaining at the forefront of the Open RAN ecosystem.
Yahoo
4 days ago
- Business
- Yahoo
Mavenir Signs Debt Recapitalization Transaction to Drive Continued Growth
Transaction to strengthen Mavenir's balance sheet and support its strategic focus on its profitable Mobile Core segment Mavenir to refocus Open RAN investments on 4G and 5G software, will accelerate investment in AI Siris to be controlling shareholder with support from key existing Mavenir lenders RICHARDSON, Texas, June 16, 2025 (GLOBE NEWSWIRE) -- Mavenir, the cloud-native network infrastructure provider building the future of networks, and its existing investor Siris, a leading private equity firm focused on investing and driving value creation in technology companies, today announced that they have signed a comprehensive recapitalization with Mavenir's lenders. This transaction will meaningfully strengthen Mavenir's balance sheet by eliminating over $1.3 billion of existing indebtedness and securing $300 million of new senior financing, in addition to a smaller subordinated facility provided by Siris and participating lenders. With increased liquidity, a more stable capital structure and substantially reduced net leverage, Mavenir will be well-positioned for sustained growth and long-term success. The scale and structure of this financial transformation reflect the confidence and ongoing commitment of Siris and the lenders. With this enhanced financial foundation, Mavenir will be well-positioned to build on its industry-leading position in the Mobile Core development space. Siris will maintain its controlling ownership position in Mavenir and remain an active partner as Mavenir advances its vision of a cloud-native, AI-enabled network. 'We have been spearheading cloud transformation in Core and Open RAN. With a strengthened balance sheet and lower leverage, we are doubling down on our software expertise and domain knowledge to deliver a comprehensive, end-to-end, AI-native telco stack, setting Mavenir up for profitable growth in both Core and Open RAN. We are excited to leverage our Mobile Core leadership to accelerate software-driven network transformations for our customers around the world,' said Pardeep Kohli, President and CEO of Mavenir. 'This is a pivotal moment for our company,' said Hubert de Pesquidoux, Mavenir Executive Chair and Siris Executive Partner. 'By strengthening our capital structure, we will be better positioned to execute our strategy, invest in innovation, and deliver on our commitments. We are deeply grateful to all our stakeholders – our customers, partners, investors, and especially our employees – for their unwavering support and confidence throughout this process." 'Mavenir has been a powerful innovator throughout its existence, and we are proud to continue our long-standing partnership with them as they continue building upon their leading position in the software industry,' said Frank Baker, Co-Founder and Managing Partner of Siris. 'We look forward to supporting Mavenir during this next chapter of innovation and growth.' The transaction is expected to close in approximately four to six weeks. A Refined Investment Strategy As part of these broader efforts to position itself for growth, Mavenir will double down on its profitable Core segment, a suite of software applications focused on voice, messaging, video, and data services, while refining its Open RAN investments to prioritize software in 4G and 5G deployments. Mavenir will also maintain its Open RAN hardware IP and continue to support its existing customers to ensure maximum flexibility in the evolving Open RAN landscape. This strategic decision will ensure Mavenir is best positioned to deliver even more innovative products and programs to its global customer base while remaining at the forefront of the Open RAN ecosystem. Mavenir will also accelerate investment in AI capabilities across its Mobile Core and Open RAN businesses to drive autonomous networks, deliver AI-native solutions, and unlock new revenue streams through AI-based solutions. This strategic focus aligns with Mavenir's vision of building the future of networks with cloud-native solutions that run on any cloud. About MavenirMavenir is building the future of networks today with cloud-native, AI-enabled solutions which are green by design, empowering operators to realize the benefits of 5G and achieve intelligent, automated, programmable networks. As the pioneer of Open RAN and a proven industry disruptor, Mavenir's award-winning solutions are delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ Communications Service Providers in over 120 countries, which serve more than 50% of the world's subscribers. For more information, please visit About SirisSiris is a leading private equity firm that targets control investments in North American, middle-market technology and technology-enabled services companies. Siris leverages its network of exclusive Executive Partners to identify, validate, and deliver on the operational and strategic objectives of its investments. Siris is based in New York and West Palm Beach and has invested ~$9 billion since inception as of December 31, 2024. ContactsFor Mavenir:Emmanuela SpiteriPR@ For Siris:Dana Gorman in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
