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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 »
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