Business Wire

Mavenir Announces Creation of Business Unit to Accelerate OpenRAN RRU (Remote Radio Unit) Ecosystem

16.12.2020 18:00:00 EET | Business Wire | Press release

Share

Mavenir, the industry’s only end-to-end Network Software Provider, announces an expanded Radio organization as its industry leadership and progress continues in OpenRAN. Mavenir has been an early advocate for OpenRAN to drive openness, innovation, and security in 5G and this expansion will energize the Remote Radio Unit ecosystem.

The OpenRAN industry depends on availability of carrier-grade, ORAN-compliant radios that can meet the evolving needs and requirements of Public and Private Mobile networks. To this end, Mavenir is announcing a new business unit to develop hardware and software production quality designs for OpenRAN radios, that will enable vendors/partners to build radios for specific markets. Mikael Rylander will lead this Business Group as SVP and GM, Radio Business Unit, to focus on RRUs and RRU ecosystem.

“Our OpenRAN deployments and trials are gaining momentum globally. To further strengthen our roadmap and ongoing Radio Access strategic initiatives, I am pleased to announce the formation of an RRU Business Unit,” said Pardeep Kohli, President and CEO of Mavenir. “With our leadership in OpenRAN, we want to enable best-in-class partner ecosystem that can together deliver a portfolio of compelling OpenRAN radios. We will support this ecosystem with RRU software, expertise, facilitation of appropriate production sites and RRU validation with our vRAN products. These radios will be available for use by any OpenRAN vendor and not exclusively to Mavenir.”

In addition, Puneet Sethi will be joining Mavenir as SVP/GM, to lead the RAN Business Unit and focus on creating and delivering market leading CU and DU Software solutions. Mavenir’s CU and DU solutions are designed based on OpenRAN principles and are already deployed with multiple OpenRAN compliant 3rd party radios. Remaining committed to those OpenRAN principles, Mavenir’s CU and DU software solutions will work with both Mavenir radio unit products and 3rd party radio units, thereby offering customers the widest choice in the industry.

Puneet joins Mavenir most recently from Qualcomm where he helped establish Small Cells and RAN Infra Business ground up to its existing industry leading position in 5G. He had the overall responsibility of the business unit P&L, execution, product roadmap and business development. While delivering significant business growth, he successfully evolved FSM RAN products including baseband SoC, SW and RF through 3G/4G/5G industry transitions to meet the needs of Qualcomm’s global customer base. Prior to his current role, he held other roles at Qualcomm including UWB business development and leading PHY software team responsible for Qualcomm’s first LTE UE modem launch. He also brings diverse set of telecom experiences from his prior roles at Radioframe Networks, Comneon and Ubinetics.

About Mavenir:

Mavenir is the industry's only end-to-end, cloud-native network software provider. Focused on accelerating software network transformation and redefining network economics for Communications Service Providers (CSPs) by offering a comprehensive end-to-end product portfolio across every layer of the network infrastructure stack. From 5G application/service layers to packet core and RAN – Mavenir leads the way in evolved, cloud-native networking solutions enabling innovative and secure experiences for end users. Leveraging industry-leading firsts in VoLTE, VoWiFi, Advanced Messaging (RCS), Multi-ID, vEPC, and Virtualized RAN, Mavenir accelerates network transformation for more than 250+ CSP customers in over 120 countries, serving over 50% of the world’s subscribers.

We embrace disruptive, innovative technology architectures and business models that drive service agility, flexibility, and velocity. With solutions that propel NFV evolution to achieve web-scale economics, Mavenir offers solutions to help CSPs with cost reduction, revenue generation, and revenue protection. Learn more at mavenir.com

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

Contact information

Maryvonne Tubb
Mavenir
PR@mavenir.com

Loren Guertin
MatterNow
mavenir@matternow.com

Kevin Taylor
GlobalResultsPR
mavenir@globalresultspr.com

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

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

Moving Forward in Oman: Orascom, Samih Sawiris and Muriya Keep Building2.9.2026 14:13:00 EEST | Press release

Across Oman, Orascom Development and its Sultanate platform, Muriya, are moving forward. While parts of the region grow cautious, Muriya has paused nothing, building and delivering across all three destinations: Hawana Salalah, Jebel Sifah and As Sodah Island. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260902781576/en/ Moving Forward in Oman: Orascom, Samih Sawiris and Muriya Keep Building (Photo: AETOSWire) The same steadiness runs through everything Samih Sawiris and Orascom have built, from El Gouna to Andermatt to Mamula Island: identifying extraordinary places and developing them for the long term. “Oman has everything we look for as a long-term developer: stability, natural beauty, and a clear direction for its future. Our continued investment across all three destinations reflects that conviction — we build for decades, and Oman is a country we intend to grow with in all circumstances.” — Naguib S. Sawiris, Chairm

Aukera Closes €460 Million Structured Credit Facility Led by EIG to Support European Energy Infrastructure Portfolio2.9.2026 14:00:00 EEST | Press release

Aukera, the pan-European battery storage and renewable energy platform backed by AtlasInvest, Reggeborgh and SFPIM (Belgium's sovereign wealth fund), announced the closing of its €460 million structured credit facility, for which EIG, a leading institutional investor in the global energy and infrastructure sectors, served as the lead investor. With the financing in place, Aukera moves into its next phase of growth, combining capital, expertise and delivery capability to build a significant European energy infrastructure platform that develops, finances, constructs and operates assets at scale. The original facility included an initial €200 million commitment and an accordion feature of up to €250 million. The amended facility converts that accordion into a firmly committed €260 million Series 2 tranche, increasing total committed capital to €460 million. The additional capital will support the continued advancement of Aukera's portfolio of renewable energy generation, battery storage a

NIQ and Similarweb Advance Agentic Commerce Measurement for the AI Shopping Era2.9.2026 13:45:00 EEST | Press release

NIQ (NYSE: NIQ), a leading consumer intelligence company, today announced further advancements in its Agentic Commerce Measurement strategy through a collaboration with Similarweb (NYSE: SMWB). The companies are collaborating on a new solution to help brands, retailers and technology platforms understand how products are purchased in an increasingly agentic economy. The work adds a measurement component to NIQ's Commerce Intelligence strategy, focused on deploying NIQ’s world-class, AI-ready content directly into agentic commerce workflows and equipping brands and retailers with the signals they need to react effectively. AI agents are moving beyond product discovery to become part of the purchase itself. New infrastructure, including Google's Universal Commerce Protocol and OpenAI's Agentic Commerce Protocol, is enabling consumers to complete the entire buying journey, from item discovery to evaluation and recommendation to purchase, inside of a single AI experience. This creates a ne

MEX Exchange, part of MultiBank Group, Strengthens Global Operations and Technology Leadership with Three Senior Promotions2.9.2026 13:38:00 EEST | Press release

MEX Exchange, the institutional electronic trading platform of MultiBank Group, has announced three senior promotions as it strengthens its operational and technology leadership to support the continued development and international growth of its institutional trading business. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260902298207/en/ Jeremy Pearce has been promoted to COO – Middle East, Africa & Asia, Beth White to COO – Americas & Europe, and James Longo to Chief Technology Officer (CTO). Jeremy Pearce has been promoted to COO – Middle East, Africa & Asia, Beth White to COO – Americas & Europe, and James Longo to Chief Technology Officer (CTO). The appointments establish dedicated operational leadership across MEX Exchange’s key international markets, supported by experienced technology leadership as the company continues to develop its global electronic trading infrastructure. Pearce brings 20 years of experience ru

Compass Pathways Recognized as a 2026 Fierce 50 Breakthrough Honoree2.9.2026 13:30:00 EEST | Press release

Compass Pathways, a biotechnology company dedicated to unlocking urgently needed new treatment options in mental health care, has been named a 2026 Fierce 50 Breakthrough honoree by Fierce Pharma, Fierce Biotech and Fierce Healthcare. The Fierce 50 recognizes 50 individuals and organizations driving advancements in medicine, fostering innovation and shaping the future of biopharma and healthcare. Compass is leading a profound shift in the development of new treatment options in mental health care – moving beyond daily or frequent administration toward an option that could potentially provide durable efficacy with just a few treatments a year that could be life changing for patients. Supported by robust clinical data from three late-stage trials involving more than 1,000 participants living with treatment-resistant depression (TRD), COMP360 psilocybin, if approved by the U.S. Food & Drug Administration (FDA), has the potential to establish a new standard of care for a condition affectin

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