Mavenir and Spry Fox Networks (SFN) Announce Strategic Partnership to Accelerate API Monetization in
Communication Service Providers (CSPs) can now rapidly deploy a comprehensive GSMA Open Gateway based platform by leveraging a pre-integrated solution that combines Mavenir's Digital Enablement (MDE) Portfolio and Spry Fox Networks' QP Cloud MONET. This powerful combination provides CSPs with end-to-end API monetization capabilities, enabling them to quickly capitalize on new revenue streams.
RICHARDSON, Texas, Dec. 18, 2024 (GLOBE NEWSWIRE) -- Mavenir, the cloud-native network infrastructure provider building the future of networks, and Spry Fox Networks (SFN), a pioneer in API monetization and network exposure, today announced a strategic partnership aimed at transforming the way Communication Service Providers (CSPs) can monetize their networks and offer innovative API-driven services to aggregators, hyperscalers, and application service providers.
Through this partnership, Mavenir’s robust, next-generation telecom offerings – including Core, and Mavenir Digital Enablement (MDE) 1 Business Support System (BSS), Product Catalog, Converged Charging solutions, Partner Management, and Digital Marketplace – will be integrated with SFN’s advanced API monetization platform, enabling CSPs to unlock new revenue streams by exposing and monetizing their network services. This joint solution allows CSPs to manage the entire lifecycle of network-based API services – from onboarding and exposure to monetization, analytics, and monitoring, while maintaining full control over access and usage.
Key Highlights of the Partnership:
“We’re excited to partner with Spry Fox Networks to offer our customers an integrated solution that simplifies the exposure and monetization of network services,” said Sandeep Singh, SVP, GM, Digital Business Enablement at Mavenir. “This collaboration will enable CSPs to unlock new revenue potential, drive business agility, and meet the growing demand for innovative, API-driven services in the telecommunications industry.”
Jignesh Sorathia, Head 5G, Spry Fox Networks, added, “Together with Mavenir and its industry-leading MDE portfolio, we’re providing a powerful platform for CSPs to open up their networks in a controlled, secure, and profitable way. Our combined expertise will help CSPs move towards a more flexible, API-first model, supporting a wide range of verticals, including 5G, IoT, and beyond.”
The partnership aims to accelerate digital transformation for CSPs, enabling them to evolve in a rapidly changing telecommunications landscape and seize opportunities in the growing API economy.
About Spry Fox Networks (SFN):
Spry Fox Networks (SFN) excels in delivering comprehensive wireless network solutions, with a particular emphasis on Network APIs that leverage the GSMA Open Gateway framework to empower Mobile Network Operators (MNOs) and Mobile Virtual Network Operators (MVNOs) to effectively monetize their networks.
SFN's innovative and agile Telco API solution solves challenges across multiple business verticals such as fintech, ad-tech, media & broadcasting and automotive.
About Mavenir:
Mavenir is building the future of networks today with cloud-native, AI-enabled solutions which are green by design, empowering operators to realize the benefits of 5G and achieve intelligent, automated, programmable networks. As the pioneer of Open RAN and a proven industry disruptor, Mavenir’s award-winning solutions are delivering automation and monetization across mobile networks globally, accelerating software network transformation for 300+ Communications Service Providers in over 120 countries, which serve more than 50% of the world’s subscribers. For more information, please visit www.mavenir.com
Mavenir PR Contact:
Emmanuela Spiteri
PR@mavenir.com
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1 MDE is also the monetization engine behind Mavenir's inhouse OpenGW solution for Mavenir customers who use larger Mavenir ecosystem solutions.