67 WALL STREET, New York - July 21, 2014 - The Wall Street Transcript has just published its Wireless Communications & Telecom Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
Topics covered: Increased Competition in Wireless Space - Mobile Trends in Emerging Markets - China LTE Market - Hypercompetitiveness in Handset Market - Emerging Market Volumes
Companies include: Mavenir Systems (MVNR) and many more.
In the following excerpt from the Wireless Communications & Telecom Report, the President and CEO of Mavenir Systems (MVNR) discusses company strategy and the outlook for this vital industry:
TWST: You mentioned 4G a little bit. How has the move to 4G impacted your operations?
Mr. Kohli: We have been a leader in the space. MetroPCS was our first customer who launched these services in 2011. Since then, we have over 15 customers that we have won which are moving from 2G/3G to 4G LTE. Think of it this way: Everything, all the systems which have been deployed today and used by billions of users, will all get transitioned when people launch 4G LTE. So as more and more customers of ours or operators launch 4G LTE, they need to build their core networks for these services, and we are a major player in that market.
TWST: Where does the technology for your products come from? Is it an in-house development or do you acquire them externally?
Mr. Kohli: It's all in-house. The company started in 2005, and we are close to 1,000 people so we have invested a lot in building the platform and creating a requisite solution, which has the ability to handle not only the small operators but also very big operators with tens of millions of users.
TWST: What are some of the other important drivers beyond the move to 4G for your business right now?
Mr. Kohli: We also have over 120 customers, which currently use our platform for doing short message and MMS from their 2G/3G technology as well. As I noted, we have been in business since 2005, and there was no 4G LTE at that time, so we have built products which actually work in the existing technology as well, and we have multiple customers for those. And as those customers evolve to 4G LTE, obviously we'll be able to help them transition. But currently, as I said, over 120 customers use our products for doing messaging using Wi-Fi in their existing network as well.
Obviously, when people transition from 2G/3G to 4G, they are not trying to do it the same way they have been doing things in the past where they have proprietary systems. I'm sure you have heard a lot about NFV and virtualization, and software-defined networking; so all these are drivers for doing things in a different way. Our customers are looking for solutions that they can deploy in a virtual environment, in a data center, so they are looking for somebody who provides software running on a general-purpose hardware. That is what we are about. We don't build proprietary hardware; all our solutions are generated in a data center environment on a virtualized layer on a general-purpose hardware. That is how we are different from our competitors.
TWST: You recently opened an operation center in France. Why did you decide to open it there, and what is the result of having that operation center?
For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
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