GlobeNewswire by notified

Mavenir and TextNow Win Best MVNO and Industry Collaboration at MVNOs World Awards

8.6.2026 15:00:00 CEST | GlobeNewswire by notified | Press release

Share

Award-winning collaboration delivers transformative results: eSIM activations surge from 2% to 94% in six months and paid subscribers more than double year-over-year

RICHARDSON, Texas and WATERLOO, Ontario, June 08, 2026 (GLOBE NEWSWIRE) -- Mavenir, the software company building mobile networks that are AI-by-design, and TextNow, the leading ad-supported U.S. free wireless service, have been jointly awarded Best MVNO and Industry Collaboration at the MVNOs World Awards in Amsterdam. The award recognizes the pair's collaboration to redefine real-time entitlement control for a freemium, ad-supported, and paid mobile service operating at scale across the United States and Canada.

TextNow serves more than 10 million monthly active users, many moving fluidly between freemium, ad-supported, time-bound, and paid plans within the same day. Sustaining that flexibility at scale, consistent, real-time service enforcement, demanded a fundamentally different approach to MVNO architecture.

Mavenir's integrated BSS, Converged Charging System (CCS), Packet Core, and IMS were deployed as a unified control plane, repositioning CCS as the real-time entitlement authority driving network behavior rather than a back-office billing platform. Entitlement changes including ad engagement, SIM activation, plan upgrades and quota exhaustion are now enforced instantly in the network, without manual reconciliation or delayed synchronization. The business impact has been transformative: eSIM activations grew from 2% to 94% of all new activations within six months of deployment, while paid wireless subscribers more than doubled year over year.

Derek Ting, CEO of TextNow: "We exist to prove reliable wireless service doesn't have to be expensive. Mavenir's integrated platform gave us real-time control over every aspect of the customer experience, from instant eSIM activation to seamless transitions between free and paid plans, while fundamentally improving our unit economics at scale. This award validates the architecture, but what matters most is what it unlocks: the ability to keep pushing the boundaries of what a free wireless service can deliver to millions of customers."

The deployment, built on a 5G-first, active-active geo-redundant design, delivers 99.999% availability for carrier-grade operations. A no-code and low-code configuration model has accelerated time-to-market by decoupling offer creation from engineering cycles, while direct SIM ownership enabled eSIM adoption and materially improved the customer activation journey by allowing new subscribers to activate service instantly, entirely within the app.

Pardeep Kohli, Chief Executive Officer, Mavenir: "This award is a testament to what becomes possible when BSS and Core are truly integrated. TextNow pushed the boundaries of what an MVNO can be, and Mavenir's architecture rose to meet that ambition. Together, we proved that cloud-native, open network software is not just viable for complex digital MVNOs - it is the enabler."

The MVNOs World Awards, organized by Informa in Amsterdam, recognizes excellence across the virtual network operator industry. The Best MVNO and Industry Collaboration category honors partnerships that demonstrate measurable impact through joint innovation.

About Mavenir
Mavenir is enabling intelligent, automated, programmable networks through the development of telco-first, cloud-native, AI-by-design software solutions for mobile operators. The company's deep telco domain expertise has been proven through deployments with 300+ operators globally in over 120 countries, which together serve more than 50% of the world's subscribers. Mavenir combines its deep telco experience with the cloud and IT expertise and data science skillsets essential to solving real customer challenges. Its proven software solutions are AI by design, delivering the AI-native future and operators' evolution to TechCos. For more information, please visit www.mavenir.com.

About TextNow
Founded in Waterloo, Ontario in 2009, TextNow is the largest ad-supported free wireless service in the United States, built on the belief that phone service should be more flexible, accessible and affordable for everyone. TextNow delivers wireless service through an app, giving customers unlimited talk and text, free data for 25+ apps and access to the same 5G network as the major carriers. Those who need more can add wireless data on their own terms by the day, week, or month, and remove ads with the Unlimited Plan. For more information, visit textnow.com or find us free in the App Store and Google Play.

Press Contacts
Mavenir
Emmanuela Spiteri | PR@mavenir.com

A photo accompanying this announcement is available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/6532001f-d1bc-4121-9af4-dfb4b1e2e633

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