STOCKHOLM :Swedish telecom gear maker Ericsson has created a new joint venture for selling network software tools with more than a dozen telecom operators across regions, it said in a statement on Thursday.
It said the firms it joined forces with to accelerate the adoption of application programming interface (API) software included Deutsche Telekom and Vodafone in Europe, Verizon and AT&T in the U.S. and Bharti Airtel and Reliance Jio in India.
Cloud communication platforms Vonage, bought by Ericsson in 2022, and Google Cloud will also join the initiative, it said.
Ericsson already in 2023 partnered with Deutsche Telekom to offer API solutions for operators, allowing these to broaden their revenue base, using Vonage.
The Swedish group bought Vonage for $6.2 billion to offer operators a global platform for APIs. Ericsson has however since then made two significant writedowns on the acquisition due to sluggish market growth.
Despite this, Ericsson affirmed its commitment to build such a platform following the most recent writedown in July.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。