GlobeNewswire by notified

Mavenir and Spry Fox Networks (SFN) Announce Strategic Partnership to Accelerate API Monetization in the Telecom Industry

18.12.2024 15:00:00 CET | GlobeNewswire by notified | Press release

Share

Communication Service Providers (CSPs) can now rapidly deploy a comprehensive GSMA Open Gateway based platform by leveraging a pre-integrated solution that combines Mavenir's Digital Enablement (MDE) Portfolio and Spry Fox Networks' QP Cloud MONET. This powerful combination provides CSPs with end-to-end API monetization capabilities, enabling them to quickly capitalize on new revenue streams.

RICHARDSON, Texas, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Mavenir, the cloud-native network infrastructure provider building the future of networks, and Spry Fox Networks (SFN), a pioneer in API monetization and network exposure, today announced a strategic partnership aimed at transforming the way Communication Service Providers (CSPs) can monetize their networks and offer innovative API-driven services to aggregators, hyperscalers, and application service providers.

Through this partnership, Mavenir’s robust, next-generation telecom offerings – including Core, and Mavenir Digital Enablement (MDE)1 Business Support System (BSS), Product Catalog, Converged Charging solutions, Partner Management, and Digital Marketplace – will be integrated with SFN’s advanced API monetization platform, enabling CSPs to unlock new revenue streams by exposing and monetizing their network services. This joint solution allows CSPs to manage the entire lifecycle of network-based API services – from onboarding and exposure to monetization, analytics, and monitoring, while maintaining full control over access and usage.

Key Highlights of the Partnership:

  • GSMA-Certified Open GW: SFN’s QP Cloud MONET (QPCM) is the first Channel Partner Solution to become certified with Open Gateway API Certification, providing out-of-the-box implementation of several CAMARA and Custom APIs. QPCM is specifically designed to enable MNOs and MVNOs to monetize their networks in the quickest possible time. QPCM is built with security and privacy protection at its core and supports all the Authorisation flows defined in CAMARA.
  • Pre-Integrated API Monetization Stack: Mavenir’s Digital Enablement portfolio provides pre-integrated BSS, Charging, Mediation, Partner Management, Billing, and Settlement capabilities for monetization of APIs exposed via QPCM. This significantly reduces the time to launch and fully monetize new API products by providing an out-of-the-box workflow for lead-to-order and order-to-cash using pay-per-use, subscription, tiered, SLA-based charging models for customers and partners – including Developers, Consumers, Enterprises, and Aggregators.
  • Network Capability Exposure: Mavenir’s Combo NEF/SCEF (Network Exposure Function and Service Capability Exposure Function) provides exposure of standard defined network APIs to third-party applications via QPCM. NEF/SCEF, when combined with Mavenir’s full Core solutions (Packet Core, IMS, and Messaging), offers significant advantages and delivers faster time-to-market for a wide variety of Open GW APIs.
  • Fastest time-to-market for Open GW APIs: The combined and pre-integrated solution offers the fastest and most risk-free approach for CSPs to launch CAMARA/Open GW APIs. The out-of-the-box approach aims to offer an adjunct solution for CSPs that can open new revenue streams with API monetization without disrupting their existing Network and BSS/OSS/IT ecosystem.

“We’re excited to partner with Spry Fox Networks to offer our customers an integrated solution that simplifies the exposure and monetization of network services,” said Sandeep Singh, SVP, GM, Digital Business Enablement at Mavenir. “This collaboration will enable CSPs to unlock new revenue potential, drive business agility, and meet the growing demand for innovative, API-driven services in the telecommunications industry.”

Jignesh Sorathia, Head 5G, Spry Fox Networks, added, “Together with Mavenir and its industry-leading MDE portfolio, we’re providing a powerful platform for CSPs to open up their networks in a controlled, secure, and profitable way. Our combined expertise will help CSPs move towards a more flexible, API-first model, supporting a wide range of verticals, including 5G, IoT, and beyond.”

The partnership aims to accelerate digital transformation for CSPs, enabling them to evolve in a rapidly changing telecommunications landscape and seize opportunities in the growing API economy.

About Spry Fox Networks (SFN):
Spry Fox Networks (SFN) excels in delivering comprehensive wireless network solutions, with a particular emphasis on Network APIs that leverage the GSMA Open Gateway framework to empower Mobile Network Operators (MNOs) and Mobile Virtual Network Operators (MVNOs) to effectively monetize their networks.

SFN's innovative and agile Telco API solution solves challenges across multiple business verticals such as fintech, ad-tech, media & broadcasting and automotive.

About Mavenir:
Mavenir is building the future of networks today with cloud-native, AI-enabled solutions which are green by design, empowering operators to realize the benefits of 5G and achieve intelligent, automated, programmable networks. As the pioneer of Open RAN and a proven industry disruptor, Mavenir’s award-winning solutions are delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ Communications Service Providers in over 120 countries, which serve more than 50% of the world’s subscribers. For more information, please visit www.mavenir.com

Mavenir PR Contact:
Emmanuela Spiteri
PR@mavenir.com

______________________________
1
MDE is also the monetization engine behind Mavenir's inhouse OpenGW solution for Mavenir customers who use larger Mavenir ecosystem solutions.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified

Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release

Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a

DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release

Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68

Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release

Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.

Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release

AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us

Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release

VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin

World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye