Business Wire

MAVENIR

21.2.2024 13:01:26 CET | Business Wire | Press release

Share
Slovak Telekom Chooses Mavenir’s Converged Packet Core in Core Supply Partnership

Mavenir, the cloud-native network infrastructure provider building the future of networks, today announces that Slovak Telekom has chosen Mavenir’s fully containerised Converged Packet Core solution for deployment in its network – making Mavenir now its selected complete network core technology partner.

Mavenir is already delivering voice and messaging services for the Slovakian operator and will now be providing data services across the packet core domain for “all Gs”, deploying into Slovak Telekom’s private Container-as-a-Service (CaaS) cloud platform. The new agreement will also see Mavenir integrate next-generation capabilities for cloud-native 5G standalone (SA).

This increased delivery to Deutsche Telekom’s subsidiary in Slovakia adds to Mavenir’s previously announced Converged Packet Core solution roll-out for subsidiaries in the Czech Republic (T-Mobile Czech Republic) and in Hungary (Magyar Telekom). This simultaneous, multi-country replacement of existing vendor technologies expands Mavenir’s end-to-end technology supplier footprint across Europe and strengthens a successful long-term partnership with Deutsche Telekom in Germany.

Mavenir’s Converged Packet Core accelerates the move to 5G and speeds the introduction of new enterprise applications and services that harness pivotal 5G capabilities, including low latency and network slicing. The cloud-native architecture – where applications and services are purpose-built for the cloud model – offers easy scaling, hardware decoupling, agility, portability, and resilience across public, private, and hybrid clouds.

Commenting on the new deployment, Slovak Telekom’s CTIO and interim CEO Vladan Peković said: “Mavenir is a proven and trusted technology partner for Slovak Telekom, and its technical competence, cloud-native capabilities and interoperable approach deliver the optimal launchpad for our continuous innovation journey. We are excited to move forward with Mavenir’s Converged Packet Core as the cornerstone of our future services roadmap.”

Ashok Khuntia, President of Core Networks for Mavenir added: “We are delighted to be extending our co-operation with Slovak Telekom, in an agreement that is built on the strong foundations of our long-term partnership. By integrating Mavenir’s Converged Packet Core into its existing network, Slovak Telekom is creating an agile, scalable and robust foundation for the delivery of transformative, differentiated services for its enterprise customers.”

In a unique approach, Mavenir technology unites the macro core with the enterprise core – spanning scenarios from central deployment with additional remote locations to 5G core solutions implemented on-site. By integrating field-upgradeable enterprise network technology into enterprise premises with local data breakout, Mavenir’s remote UPF (User Plane Function) fast-tracks time-to-go-live for campus solutions – with user data transmitted directly to the UPF and available to application servers for reduced latency and increased security for sensitive data.

Notes to editors:

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

Meet Mavenir at Mobile World Congress 2024 (Barcelona, Feb 26 – 29 2024)

To explore our latest innovations, MWC show announcements and learn more about how Mavenir is delivering the Future of Networks – Today, visit our team in Hall 2 (Stand 2H60).

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240221638570/en/

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com
DK

Subscribe to releases from Business Wire

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

Latest releases from Business Wire

Quaise Energy Closes $180 Million Series B with $35 Million Investment from Nabors Industries and Strategic Framework to Build World's First Superhot Geothermal Power Plant27.8.2026 13:05:00 CEST | Press release

Final close of Series B to advance the commercialization of superhot geothermal energy, funding Project Obsidian and the continued development of Quaise’s millimeter wave drilling system Nabors Industries and Quaise deepen relationship with strategic framework agreement spanning drilling operations, technology integration and commercial development Series B brings Quaise's total funding to date to $280 million Quaise Energy, a leading developer of utility-scale superhot geothermal energy, today announced the final close of its Series B, raising a total of $180 million in equity financing, including a $35 million investment from Nabors Industries (NYSE: NBR), one of the world's largest land drilling contractors and a long-standing partner to Quaise. Nabors has also entered into a strategic framework agreement that supports Quaise’s mission to make superhot geothermal a commercial reality, beginning with the development of Project Obsidian, the world’s first superhot geothermal power pla

83% of Chinese Consumers Use Quick Commerce, Offering a Glimpse into Grocery's Future27.8.2026 12:30:00 CEST | Press release

NIQ report shows ultra-fast delivery is already mainstream in parts of Asia, but rapid channel growth does not automatically translate into strong returns for brands. The next major shift in retail may not be happening on shelves. It is happening in the everyday grocery basket, where speed, convenience and top-up missions are reshaping how consumers buy. Quick commerce is emerging as a core engine of grocery growth, according to NIQ (NYSE: NIQ), a leading consumer intelligence company. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260824560517/en/ Asia is leading the quick commerce revolution, with adoption rates of 83% in China and 82% in India. NIQ's global report, The Commerce Revolution: Where East Meets West, finds that ultra-fast delivery is already mainstream across parts of Asia, offering a preview of how commerce is likely to evolve globally. The clearest signs of this shift can be seen in China and India, where qu

Ant International Joins Hong Kong Regulators’ GenA.I. Sandbox++ to Advance Bank Liquidity Management with AI27.8.2026 12:00:00 CEST | Press release

Ant Bank and Bettr aim to establish 24/7 liquidity risk management ecosystem Ant International’s Ant Bank, a digital bank based in Hong Kong, and Bettr, its inclusive embedded financial solutions provider, have been selected to participate in Hong Kong regulators’ GenA.I. Sandbox++, focusing on the liquidity risk management track. Ant Bank will leverage Ant International's Falcon Time-Series Transformer (TST) AI Model 2.0 to enhance its FX and liquidity management capabilities. The partnership will deploy granular, statistically-grounded daily forecasts, to support more precise and proactive liquidity planning for the bank's real-time treasury management — strengthening its capabilities to support a 24/7 financial ecosystem. As Hong Kong's only digital bank deeply integrated with an e-wallet, Ant Bank aims to leverage technology to provide innovative, inclusive and customer-centric digital financial services. To enhance customer experience, the bank sought to integrate AI and LLM techn

74% of Shoppers Use AI for Discovery—NIQ Showcases What That Means for the Consumer Purchase Journey in New Report27.8.2026 12:00:00 CEST | Press release

New NIQ & World Data Lab report reveals how AI, retail media, and social commerce are transforming the consumer purchase journey Consumers are increasingly turning to new technologies to help navigate a more complex shopping landscape. Nearly three-quarters of shoppers now use AI for product discovery, while retail media has grown into a $184 billion global market. Together, these shifts are reshaping how products are discovered, evaluated, and ultimately purchased. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260827177247/en/ AI is becoming the new gatekeeper of product discovery. NIQ has released A Tale of Two Consumers: The Polarized Mindsets Reshaping Global Consumption, a new global report in collaboration with World Data Lab showing how artificial intelligence, retail media networks, and social commerce are transforming the path to purchase and influencing which products consumers ultimately buy. The findings build o

Ant International’s R2 Enters Brazil, Bringing Embedded Credit Technology to Serve SMBs and Gig Workers27.8.2026 11:00:00 CEST | Press release

R2 today announced its expansion into Brazil, marking the company's entry into Latin America's largest economy. With the support of Ant International, a leading global digital payment, digitisation and FinAI solutions provider, R2 will partner with digital platforms across Brazil to embed working capital solutions directly into the products their merchants and gig workers already use. For digital platforms, marketplaces, payment providers, ecommerce companies, and others serving SMBs and gig workers, R2 provides a proven embedded credit technology solution that enables them to offer financing to their users without building credit operations themselves, and without taking on credit risk. The result is a new revenue stream and a stronger value proposition for their merchant base. For the businesses and workers those platforms serve, it means access to working capital based on how they actually perform, not on documentation that most of them don't have. "Brazil is a defining milestone in

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

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