Telecom Italia and Nokia Networks Sign MoU To Scout Startups

Telecom-Italia-And-Nokia-Networks-Sign-MoU-To-Scout-StartupsTelecom Italia has signed an MoU (memorandum of understanding) to scout innovative startups in areas such as NFV, SDN, RAN Evolution and next generation SON.

With the proliferation of technologies and the increasing complexity of products and services, startups can help companies implement externally developed solutions and create new business and market opportunities. Under the two-year agreement, Nokia Networks and Telecom Italia will seek and evaluate the innovations, implementing new solutions in their respective portfolios.

Key terms of the agreement include: Joint technical scouting of innovative startups in the areas of Network Function Virtualization (NFV), Software-defined Networking (SDN), Radio Access Network (RAN) and next-generation Self Organizing Networks (SON); Proof-of-Concept deployments of systems, solutions and services; and Partnership for innovative offerings and investment in technologies

Sandro Dionisi, executive vice president and director, Global Advisory Services, Telecom Italia said, “Collaborating with Nokia Networks on this scouting program will open up the opportunity to introduce new network technologies in strategic areas, faster than before, guaranteeing the support of a leading OEM like Nokia Networks. The initiative will give us access to innovators, mainly but not only in Silicon Valley, speed up and improve technical development, leading to newer and better services for our consumers.”

Hossein Moiin, executive vice president and CTO, Nokia Networks said, “Startups are a rich source of innovation that can provide building blocks for various telecom and digital services. In particular, we see immense potential in areas such as NFV, SDN, RAN Evolution and SON. Together with Telecom Italia, we will further engage with the wider ecosystem of technology companies, identifying disruptive innovators and developing new solutions in these domains.”

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