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
12.03Reengineering Enterprise AI From Infrastructure to Agents
09.03Make Your Azure Data Platform AI-Ready
04.03Your AI Agents Are Only As Smart As Your Data Infrastructure
Telecommunications »
15.03UK looking at all options to secure Strait of Hormuz, says Miliband
15.03We will intervene on energy bills if necessary, says Miliband
15.03Banknotes, beavers and a very British backlash
15.03Banknotes, beavers and a very British backlash
15.03'Gruesome' war bets fuel calls for crackdown on prediction markets
14.03Trump urges UK and other nations to send warships to Strait of Hormuz
14.03Trump urges UK and other nations to send ships to Strait of Hormuz
14.03Heating oil support 'needs to be delivered now'
More »