Mavenir is confident that its strong portfolio will drive revenue growth in the coming years

07 January 2025 | Research

Joseph Attwood | James Kirby

Article | PDF (2 pages) | Wireless Technologies


"Mavenir has invested heavily in its core and RAN portfolios and hopes to rely on the evolving maturity of Open RAN and NTNs to drive rapid mid-term revenue growth."

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Analysys Mason attended Mavenir’s analyst event on 11 and 12 December 2024 in Dallas, Texas, USA. Senior executives from Mavenir were forthcoming about the company’s strategy at the event, and shared insights into its portfolio of core, RAN and non-terrestrial network (NTN) solutions. They also provided customer testimonials, which highlighted that Mavenir’s strengths are its cloud-native portfolio, adherence to Open RAN principles and agility.

The build-up to this event was clouded by discussions of Mavenir’s financial difficulties. Mavenir’s President and CEO, Pardeep Kohli, acknowledged the company’s heavy debt burden at a time of high interest rates. However, he downplayed pundits’ concerns, and claimed that Mavenir has a long history of securing investor funding and is one of the few vendors experiencing solid revenue growth in the stagnant telecoms sector. To secure future prosperity, Mavenir must accelerate the adoption of its packet core solutions and use its increasingly mature RAN portfolio to capitalise on operators’ growing spending on Open RAN, while reassuring potential customers of its ability to continue to do business in the long term.

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Authors

Joseph Attwood

Analyst

James Kirby

Senior Analyst