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 »

Tags: in open takes ran

Category:Telecommunications

Latest from this category

All news
28.01Effective Housekeeping With Rackspace Managed Snapshot Cleanup
20.01Redefining Detection Engineering and Threat Hunting with RAIDER
Telecommunications »
31.01Phone lines stay open as tax return deadline looms
30.01Labubu to open seven UK shops, after PM's China visit
30.01Will Trump's pick to lead US central bank get him the change he wants?
30.01Grilled to Perfection Recipes Due by April 1
30.01The Poet
30.01A Cub, A Dream, A Legacy: The Story of Dean Oswalds Bear Ranch
30.01Wade Rouse & Viola Shipman: Lake Michigans Storytellers
30.01Three reasons for the record rise in gold prices, and one why they are falling
More »