GlobeNewswire by notified

Cisco Spearheads Multi-Vendor Open vRAN Ecosystem Initiative For Mobile Networks

Share

First ecosystem of its kind brings together innovators including Reliance Jio, Altiostar, Aricent, Intel, Mavenir, Phazr, Red Hat, and Tech Mahindra

 

BARCELONA, Spain, Feb. 25, 2018 (GLOBE NEWSWIRE) -- Mobile World Congress - Mobile network operators are facing strong pressures to evolve their businesses and operations for profitable growth and differentiation. Explosive demand for bandwidth persists, while ARPU pressures mount due to competition and limited service innovation. Addressing these challenges requires industry innovation focused on delivering new revenue-generating services based on a more flexible and agile service delivery environment, while reducing Capex and Opex.

Innovations such as network function virtualization have laid the groundwork for a new fundamental architecture to emerge. While many functions of a mobile network are being virtualized, including the Evolved Packet Core (EPC), IP Multimedia Subsystems (IMS), the Gateway Internet LAN (Gi-LAN) and data transport, the radio access network represents the final domain for disaggregation and virtualization. It facilitates a true end-to-end, software-defined mobile network. An open, standards-based virtualized Radio Access Network (vRAN) is a key enabler for this new architecture and the creation of a dynamic multi-vendor ecosystem. Together, they deliver an economical and flexible platform that satisfies a variety of use cases and applications.

While there is significant innovation happening in and around open vRAN today, there are considerable gaps and challenges that make it difficult to assemble end-to-end solutions, putting heavy burden back on operators and startups with limited scope. We believe it is the ideal time to align and collaborate to solve the key challenges to deliver innovative RAN solutions ready for commercial deployment.

Today, with more than 30 years of experience building the largest multi-service, open IP networks in the world, Cisco is announcing plans to form a multi-vendor ecosystem designed to address these issues and accelerate the viability and adoption of Open vRAN solutions.  

Cisco is working with ecosystem vendors who have confirmed plans to join the initiative including Altiostar, Aricent, Intel, Mavenir, Phazr, Red Hat and Tech Mahindra to spur rapid innovation in both hardware and software domains. Through this initiative, Cisco and the other ecosystem parties plan to focus on assembling viable solutions that build on an open and modular architecture, drawing from existing industry efforts and that will support a variety of use cases. The work of this ecosystem will be customer-driven, leveraging input from top worldwide operators such as Reliance Jio. Priorities include activities that simplify the transition to Open vRAN and software-defined mobile networks including:

  • Testing and integration
  • Solutions validation
  • Transport evolution
  • Publishing performance benchmarks
  • Running Proof of Concepts (POC)
  • Coordinating roadmaps for end-to-end solutions
  • Creating and validating network management templates, and more

"In collaboration with the ecosystem vendors, we aim to make the Radio Access Network more open and flexible, enabling the deployment of additional value-add mobile services at the network edge,"  said Tareq Amin, senior vice president, Technology Development and Automation, Reliance Jio. "Through this innovation and collaboration we will be able to deliver a better user experience for our customers." 

 "We believe it is an ideal time to align and collaborate on these issues to deliver innovative solutions ready for commercial deployment," said Yvette Kanouff, senior vice president and general manager, Cisco Service Provider Business. "Together with the ecosystem parties, we're making leaps forward in developing a customer-centric ecosystem focused on accelerating innovation and enabling new business models to dramatically lower costs, add capacity and improve network performance."

Cisco is leading the disruption in the industry with our technology innovations in systems, silicon, optics and security, and our unrivalled expertise in mass-scale networking, automation, optical, cable access, video, and mobility. Together with our portfolio of professional services, we can enable service providers and media and web companies to reduce cost and complexity, help secure their networks and grow revenue. 

Supporting Resources

RSS Feed for Cisco:  http://newsroom.cisco.com/dlls/rss.html

About Cisco 
Cisco (NASDAQ:CSCO) is the worldwide technology leader that has been making the Internet work since 1984. Our people, products, and partners help society securely connect and seize tomorrow's digital opportunity today. Discover more at newsroom.cisco.com and follow us on Twitter at @Cisco.

PR Contact: Sara Cicero, stutzes@cisco.com, 770-331-0269.




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Cisco via Globenewswire

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

https://notified.com

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

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

Heineken Holding N.V. Annual General Meeting of Shareholders adopts all proposals25.4.2024 18:31:00 CEST | Press release

Amsterdam, 25 April 2024 - Heineken Holding N.V. announced today that its Annual General Meeting of Shareholders (AGM) has adopted all proposals on the agenda of the AGM. The most important resolutions and announcements are listed below. Dividend The Board of Directors announced the distribution of a dividend for the year 2023 of EUR 1.73 per share. As an interim dividend of EUR 0.69 was paid on 10 August 2023, the final dividend of EUR 1.04 per share will be made payable on 7 May 2024. Heineken Holding N.V. shares will be quoted ex-dividend on 29 April 2024. Reappointment of Mr J.F.M.L. van Boxmeer as non-executive member of the Board of Directors The AGM reappointed Mr J.F.M.L. van Boxmeer as non-executive member of the Board of Directors for a four-year term. Appointment of External Auditor The AGM appointed KPMG Accountants N.V. as external auditor for the financial year 2025. The voting results per agenda item of the AGM of Heineken Holding N.V. of 25 April 2024 can be found on th

Heineken N.V. Annual General Meeting adopts all proposals25.4.2024 18:30:00 CEST | Press release

Amsterdam, 25 April 2024 - Heineken N.V. (HEINEKEN) announced today that its Annual General Meeting of Shareholders (AGM) has adopted all proposals on the agenda of the AGM. The most important resolutions are listed below. Re-appointment of Executive Board Member The AGM re-appointed Dolf van den Brink as member of the Executive Board for a period of four years, until the end of the AGM to be held in 2028. Dividend The AGM adopted the dividend proposal for the year 2023 of EUR 1.73 per share. As an interim dividend of EUR 0.69 was paid on 10 August 2023, the final dividend of EUR 1.04 per share will be made payable on 7 May 2024. Heineken N.V. shares will be quoted ex-dividend on 29 April 2024. Re-appointment of Supervisory Board Member The AGM re-appointed Jean-Marc Huët as member of the Supervisory Board for a two-year term. Re-appointment of Supervisory Board Member The AGM re-appointed Pamela Mars Wright as member of the Supervisory Board for a two-year term. Appointment of Supervi

Havila Kystruten AS: Integrated Annual Report for 202325.4.2024 18:04:39 CEST | Press release

The board of directors of Havila Kystruten AS has today approved the financial statements and annual report for 2023, which integrates financial and sustainability reporting. The report is attached in PDF format along with a visual presentation summarizing the year and highlighting the company's fundamental focus on the environment and sustainability. The annual financial statements have been adjusted compared to the preliminary and unaudited result for 2023, which was presented on February 28, 2024. There has been a write-down of the inventory value by NOK 11.2 million, with corresponding effects on the income statement and balance sheet. Further information is available in note 15 of the consolidated financial statements. Contacts: Chief Executive Officer Bent Martini, +47 905 99 650 Chief Financial Officer Aleksander Røynesdal, +47 413 18 114 Attachments HKY_Integrated Annual Report 2023HKY_Integrated Annual Report Presentation 2023HKY_Integrert arsrapport 2023

Havila Kystruten AS: Integrert årsrapport for 202325.4.2024 18:04:39 CEST | Pressemelding

Styret i Havila Kystruten AS har i dag godkjent regnskap og årsrapport for 2023, som integrerer finansiell- og bærekraftsrapportering. Rapporten er vedlagt i PDF sammen med en visuell presentasjon som oppsummerer året og fremhever selskapets grunnleggende fokus på miljø og bærekraft. Årsregnskapet er justert i forhold til det foreløpige og ureviderte resultatet for 2023, som ble presentert den 28. februar 2024. Det er gjort en nedskrivning på verdien av varelageret med MNOK 11.2, med tilhørende effekt på resultatet og balansen. Ytterligere informasjon finnes i note 15 i konsernregnskapet. Kontakter: Administrerende direktør Bent Martini, +47 905 99 650 Finansdirektør Aleksander Røynesdal, + 47 413 18 114

Sword Group: Results for the First Quarter of 202425.4.2024 18:00:00 CEST | Press release

Consolidated Revenue: €75.8m (i) Organic Growth: +16.8% (i) EBITDA Margin: 12.0% (i) on a like-for-like basis and at constant exchange rates (excluding AAA) KEY FIGURES The consolidated revenue for the first quarter of 2024 is €75.8m, up 16.8% at constant scope and exchange rates. Profitability (EBITDA margin) is 12.0% or €9.1m. Q1 2024 ACCOUNTS Q1 | non audited figures€m20242023 (iI)Organic Growth (i)Revenue75.872.0+16.8%EBITDA9.18.6-EBITDA Margin12.0%12.0%- (i) on a like-for-like basis and at constant exchange rates (excluding AAA) (ii) includes AAA’s 2023 revenue. AAA was deconsolidated on 01/06/2023. ANALYSIS The comparison of revenue for the first quarter 2023 and the first quarter 2024 must take into account the fact that in the first quarter 2023 we were still consolidating AAA, which was sold and therefore deconsolidated on 1 June 2023. If we analyse this growth on a like-for-like basis, it is higher than the budgeted 15%. In Terms of profitability, we remain at our ‘normative’

HiddenA line styled icon from Orion Icon Library.Eye