Under the terms of the partnership the two will work together to provide 5G network functions (NFs) in the packet core software solutions.
“As a pioneer in the years long development of leading-edge 5G solutions, Samsung will work with Openet as the partner, a key innovator in the industry,” said Jaeho Jeon, executive vice president and head of R&D, networks business at Samsung Electronics. “We are committed to transforming everyday lives by powering the network for establishing essential infrastructure of the connected world.”
The joint offering will comprise of Openet’s 5G platform, which includes real-time policy and charging controls, as well as Samsung’s packet core software products.
“We’ve invested heavily in redeveloping our solutions to be 5G ready,” said Niall Norton, CEO, Openet. “This included developing our software to be cloud native and to support service based architecture and service based interfaces. This was a significant investment to ensure that Openet’s Digital BSS software fully supports 5G. The BSS market has changed, the old business models are gone and world-leading companies like Samsung want to work with independent, innovative and agile vendors who will make a difference. We are very proud to work with Samsung to provide Openet software as part of Samsung’s global 5G ecosystems solutions.”
Last year, Openet appointed Jan Frykhammar the former CEO and CFO of Ericsson, to its board of directors. In his new positon Frykhammar will work with Openet board’s members and management team to lead the company towards its goal and ensure it maintains its momentum.
