- Landmark agreement to enhance digital innovation across mobile networks
- Newly formed company to unlock advanced capabilities for developers worldwide
- Telecom operators and Ericsson collaborate to create global API ecosystem
Thu Sep 12 14:42:51 – 2024 UTC–In a groundbreaking move, some of the world’s largest telecom operators, including América Móvil, AT&T, Bharti Airtel, Deutsche Telekom, Orange, Reliance Jio, Singtel, Telefonica, Telstra, T-Mobile, Verizon, and Vodafone, have partnered with Ericsson to launch a new venture aimed at transforming the telecommunications landscape. This new company will focus on combining and selling network Application Programming Interfaces (APIs) on a global scale to accelerate innovation in digital services.
Network APIs provide a seamless way to access, use, and pay for network capabilities.
Historically, the advanced features of modern mobile networks have remained out of reach for developers, particularly due to the challenges of integrating different capabilities from numerous telecom operators. The newly formed company seeks to address this issue by standardizing and globalizing access to these network APIs, enabling new applications to function seamlessly across various networks.
Simplify the Process for Developers
This venture is set to significantly simplify the process for developers to harness advanced network capabilities, such as anti-fraud verification for financial transactions and dynamic video quality adjustment for streaming services. By making these capabilities easily accessible, the company aims to spur the next wave of app development across multiple sectors.
With the combined efforts of these leading telecom operators and Ericsson, this initiative is poised to create new monetization opportunities while empowering developers to innovate at an unprecedented scale.
- Global telecom leaders, including major operators like AT&T, Verizon, and Vodafone, are teaming up with Ericsson to create a new company focused on selling network APIs globally.
- This venture aims to simplify access to advanced network capabilities for developers, enabling new innovative applications across various sectors.
- Additional telecom operators are encouraged to join, and the transaction is expected to close in early 2025 pending regulatory approvals. The new company will provide network APIs to a wide range of developer platforms, fostering growth and innovation in the industry.
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