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

»
05.11Vodafone-Three merger could get green light, watchdog says
05.11Altice USA residential video RGUs down 77,000 in 3Q 2024
05.11Shoppers warned over luxury advent calendar scams
05.11Durable Floor Coating from HMG Paints Transforms FC United\'s SMRE Bar
05.11Teknos Poland Honored by Farby i Lakiery
05.11Xumo teams up with Target to offer Hisense Xumo TVs
05.11KT launches 8K AI-powered IPTV set-top box
05.11Tropical Storm Rafael Graphics
More »