Tuesday, November 3, 2020

O-RAN Alliance update and virtual demos

The O-RAN ALLIANCE, which was formed two years ago with a mission is to re-shape the industry towards more intelligent, open, virtualized and fully interoperable mobile networks, elected a new Board of Directors including the addition of 3 new operators: KDDI, Rakuten Mobile and VodafoneThe O-RAN ALLIANCE now represents 27 major carriers along with the support of over 200 additional vendors and academic contributors.“In its first two years the O-RAN...

Celona raises $30 million for private LTE/5G

Celona recently closed a $30 million Series B round of funding backing its LTE/5G enterprise networking solutions.Celona is developing its solution that fully automates the deployment and operations of private LTE/5G wireless networks within the enterprise. Celona said its AI-ops based architecture enables the integration of cellular wireless functions with existing enterprise IT and cloud infrastructure as an overlay. The round was led by NTTVC...

Alaska Comm. Sys to be acquired for $300m

Alaska Communications Systems Group (NASDAQ: ALSK) will be acquired by an affiliate of Macquarie and GCM Grosvenor (through its Labor Impact Fund) in an all cash transaction valued at approximately $300 million, including debt. Under the deal, all the outstanding shares of Alaska Communications common stock will be acquired for $3.00 per share in cash, representing a premium of approximately 57% over the closing per share price of $1.91 on November...

StackPath picks CommScope to expand edge cloud capacity

StackPath has selected CommScope to support the expansion of its cloud capacity across twelve global sites. StackPath, which is based in Dallas, offers an edge computing platform. CommScope’s Professional Services team will manage the upgrade of StackPath’s data centers—including the installation of new switches, power distribution units and network cabling, as well as the decommissioning of equipment, asset tagging and recovery, bespoke...