Network interfaces
13 international players in the telecommunications industry have joined forces and founded a new company to drive innovation.
The list of companies that have joined forces to create a new innovation company reads like a who’s who. Among them are the Deutsche TelekomVodafone, Telefónica, AT&T, Orange, Ericsson and Verizon.
Modern mobile networks have intelligent functions. Such network functions were previously inaccessible to developers. In addition, developers had to integrate various interfaces and functions from hundreds of individual telecommunications providers into their applications. The newly founded company aims to bring together and market network APIs worldwide so that new applications work anywhere and on any network.
This will make it easier and faster for developers to innovate and create new use cases in many areas. Examples include verifying financial transactions to combat fraud, checking a device status so that streaming providers can dynamically adjust video quality, or location verification for applications that must comply with different regulations in different regions.
The as yet unnamed company will provide network APIs for a broad ecosystem of developer platforms, including large cloud providers or so-called hyperscalers, communication platform providers (CPaaS), system integrators and independent software vendors. The network APIs are based on the existing industry-wide CAMARA APIs. CAMARA is the open source project run by the GSMA and the Linux Foundation.
Vonage and Google Cloud will work with the new company, providing access to their ecosystems of millions of developers and their partners. The new company’s shareholders will bring financial resources and assets, as well as platform and network expertise and relationships with operators, manufacturers and developers.
Other telecommunications providers can and should join the new company, such as the telecommunications provider Three Sweden (Hi3G Access), with whom discussions are already underway. This will further strengthen the expertise of the industry and the developers. At the same time, it offers the parties involved the opportunity to develop a new source of income.
The transaction is expected to close in the first half of 2025, subject to regulatory approvals. Upon completion of the transaction, Ericsson will own 50% of the company, while the telecom operators will own 50% in total.
Source: www.connect.de
