Home › Open RAN gets boost as Koch takes $500m stake in Mavenir
 

Keywords :   


Open RAN gets boost as Koch takes $500m stake in Mavenir

2021-04-22 02:00:00| Total Telecom industry news

In a major vote of confidence for the future of Open RAN, US-based tech specialist Mavenir yesterday announced that KSP would be investing in a $500 million stake in the company.   KSP, a subsidiary of Koch Investments Group, will be taking a minority stake in the company, with private equity firm Siris Capital Group maintaining majority ownership. The exact size of KSP’s minority stake remains unspecified, making it unclear exactly what valuation the investors give to the vendor…read more on TotalTele.com » [ more ]

Tags: in open takes ran

Category:Telecommunications

Latest from this category

All news
»
22.03Weekly Recap: PPG, Tariffs and Shipping, Sherwin-Williams Top This Weeks Stories
22.03FFA Chapter Tribute: Windsor Leighty
22.03FFA Chapter Tribute: Windsor Leighty
21.03AkzoNobel Vehicle Refinish North America Announces Strategic Collaboration with Collision Vision
21.03BQA, CBA programs offer valuable contributions to beef industry
21.03Improving ROI and carcass value of finishing cattle
21.03What are pork producers hoping to achieve in D.C. in 2025?
21.03PPG Participates in Global Recycling Day Event to support recycling efforts of Pittsburgh school
More »