MUMBAI: Indian IT services company Tech Mahindra and Rakuten Mobile Inc., a Rakuten group company responsible for mobile communications, announced on Wednesday an agreement under which the former has been named preferred partner for global market opportunities. for the Rakuten communications platform. (CPR). As part of the deal, Tech Mahindra sold its stake in Delaware-based Altiostar Networks to Rakuten for $ 45 million.
In 2018, Tech Mahindra had acquired a 17.5% stake in the US-based telecommunications software development company Altiostar Networks, based in the United States, for $ 15 million.
Rakuten Mobile and Tech Mahindra aim to drive innovation by transforming network services and enhancing the customer experience globally. Under the agreement, as a preferred partner, Tech Mahindra will provide its leading technologies and software capabilities to support the development and deployment of mobile networks for global RCP customers. Through the agreement, Tech Mahindra will also provide managed IT, security and network services to Rakuten Mobile, and there are also plans to designate Tech Mahindra as an official RCP reseller.
RCP is a cloud-native telecommunications platform that enables telecommunications companies and enterprises around the world to easily build secure and open mobile networks at speed and low cost, to generate new revenue streams and provide customers with innovative experiences and immersive. RCP was developed by Rakuten Mobile and is based on its next generation mobile network in Japan. Rakuten Mobile combines the latest technology in virtualization and automation, including containers and microservices, and is based on key principles of secure operations.
Tech Mahindra and Rakuten Mobile will leverage their partnership to develop and deploy RCP-based virtualized mobile networks to disrupt the telecommunications landscape. RCP contains all elements of the Rakuten Mobile network, including telecom applications and multi-vendor software, 08S and BSS, edge computing, and virtual network management functions. RCP also incorporates an interface similar to an app store where customers can adapt the platform to their local requirements.
Tareq Amin, Rakuten Mobile Representative Director, Executive Vice President and CT0, said: “In April of this year, with the support of leading partners around the world, we were able to achieve the incredible milestone of launching large-scale business services on the first network The world’s fully virtualized mobile phone. As we take the next step in our journey, we are proud to partner with Tech Mahindra to deliver cloud-native networks to customers around the world via RCP. “
Manish Vyas, President, Communications, Media & Entertainment Business and CEO, Network Services, Tech Mahindra, said: “There has been renewed interest in enterprise disaggregated software-based cloud-native network to drive network transformation. . As part of the TechMNxt letter, our collaboration with Rakuten Mobile will allow us to support the deployment of mobile networks based on a highly innovative cloud-based communication platform that is open, scalable and highly secure. “
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