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WKN: A14Z6V | ISIN: US98420V1070 | Ticker-Symbol: N/A
1-Jahres-Chart  (nicht börsennotiert)
MAVENIR SYSTEMS INC Chart 1 Jahr
GlobeNewswire (Europe)
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Mavenir Systems, Inc.: Tu Atea and Mavenir Partner to Pioneer Future of Networks Using Maori Spectrum Assets

Finanznachrichten News

RICHARDSON, Texas, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Mavenir, the cloud-native network infrastructure provider building the future of networks, today announces a transformative partnership with Tu Atea Limited, an Indigenous Aotearoa/New Zealand company dedicated to advancing Maori telecommunications. Through this collaboration, Tu Atea will deploy Mavenir's state-of-the-art 5G Converged Packet Core and Open Radio Access Networks (Open RAN) using Maori-owned spectrum assets. The partnership will drive the development of 4G and 5G small cell private networks and infrastructure-sharing across Aotearoa.

New Zealand's Skyline

By facilitating neutral hosting, Tu Atea and Mavenir provide New Zealand's network operators with shared, cost-effective infrastructure options to expand coverage to underserved communities.

Tu Atea's broader mission includes training and employment initiatives and establishing an Innovation Centre to foster research, development, and prototyping for Maori in advanced wireless technologies.

Following Tu Atea's acquisition of Broadtech Group in December 2023, this milestone represents another step toward establishing Maori leadership in telecommunications. Through this subsidiary, now named Tu Atea Network Services, Tu Atea will design, build, and operate a carrier-grade, open-standard, software-defined private network for mobile services, extending critical coverage.

"We're collaborating with existing Mobile Network Operators, providing shared network infrastructure that extends 4G and 5G coverage to underserved areas," says Antony Royal, Chief Executive of Tu Atea. "This partnership empowers Maori to drive lower-cost, network-sharing technology solutions, particularly in rural areas."

Utilizing Mavenir's technology, Tu Atea aims to deliver affordable services that meet rising connectivity needs across Aotearoa. This Maori-led initiative introduces scalable, private 5G networks for industries such as primary production, manufacturing, and critical infrastructure. "Partnering with Tu Atea provides Mavenir a unique opportunity to support a Maori-led initiative that's pioneering the future of network services," said Pardeep Kohli, CEO of Mavenir. "Our cloud-native solutions lay the foundation for impactful digital transformation, unlocking new possibilities for industries and communities alike."

Royal underscores that this partnership with Mavenir is part of a larger programme that includes employment and training initiatives in the telecommunications sector. Tu Atea is also establishing an Innovation Centre to drive research, testing, and commercial development for Maori using 5G and wireless technologies, supporting ideas and initiatives that strengthen Maori technical and commercial capabilities.

This collaboration sets the stage for a new era of network services and innovation, empowering Maori, further unlocking the economic potential of remote communities and enhancing New Zealand's digital future.

About Tu Atea
Tu Atea Limited is the parent company of Tu Atea Network Services Limited (previously Broadtech Group), which comprises Broadtech Limited and JDA (Johnston Dick & Associates Limited).

Tu Atea Limited: Spectrum services, Radio Network-as-a-Service services, including private 4G & 5G services, compact rapid deployables for rapid off-grid network services.

Tu Atea Network Services Limited: (Telco and Broadcasting) delivering a range of technology services, including integrated design, build and operate, technology-partner services to the Broadcast, Telecommunications, Healthcare, Aged Care, Utility, Media and Enterprise sectors across New Zealand and the Pacific. Deliver and support a wide range of solutions including macro and in building cellular, digital healthcare, microwave linking and connectivity, broadcast studio production and transmission, film and media production, maritime and critical communications solutions. Own/lease and operate a nationwide network of broadcast communications towers that provide digital terrestrial television services.

For more information, please visit www.tuatea.nz
Contact: info@tuatea.nz

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 Contacts:
Emmanuela Spiteri
PR@mavenir.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/af4d08fb-e894-430a-b630-d29d0d6e41c2


© 2024 GlobeNewswire (Europe)
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