Telefónica, through its corporate venture vehicle Telefónica Innovation Ventures (TIV), announced that it will invest in Altiostar, the pioneer in open virtualized RAN (open vRAN) technology.
Under the partnership, Telefónica will also become full member of Altiostar’s newly-created Technology Advisory Committee alongside representatives from Altiostar’s other investors. Both Telefónica and Altiostar were early members of the O-RAN Alliance, an industry consortium formed in 2018 to foster open architecture and standardized interfaces that are critical for building and deploying next-generation wireless infrastructure. T
Telefónica began an extensive evaluation of technologies that can run on commoditized hardware through open and standardized interfaces in June 2018. The results were shared with the industry later that year at the Telecom Infrastructure Project (TIP) Forum where Altiostar was selected as one of the leading vendors, in terms of compliant end-to-end platforms, for deployments in Latin America.
Telefónica selected Altiostar as its open RAN partner of choice. With this investment, Telefónica is executing on this vision and paving the way for both established and new telecom operators to adopt open, cloud technologies and deploy web-scale networks in the future.
Ashraf Dahod, CEO and Chairman of Altiostar
To be successful, operators must embrace new innovative solutions that possess the openness, programmability and automation delivered through a software-defined, cloud-native platform and an open supply chain.
Enrique Blanco, Global CTIO, Telefonica
For us, 5G means a unified network where all types of accesses, platforms and cores will converge into a single virtualized, modular and programmable computing platform.
