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
12.12AI in Financial Services 2025: Turning Intelligence Into Impact
11.12How to Build AI-Enabled Operations and Achieve Measurable Outcomes
04.12AI Revolution in Service Management Features Intelligent Operations and Continuous Innovation (Part 2)
Telecommunications »
18.12Soup kitchen serves 120 meals in 16 minutes
18.12Warner Bros favours Netflix offer over $108bn Paramount bid
18.12BP names new boss as current CEO leaves after less than two years
18.12Should more be done to tackle 'ghost jobs', vacancies that don't exist?
18.12Bank of England expected to cut interest rates
18.12Bank of England expected to cut interest rates
17.12The Oscars to leave ABC and stream on YouTube starting in 2029
17.12Making methane genetics work for cattle producers
More »