Cisco, Rakuten boost partnership to push telecom cloud market
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Cisco Systems (CSCO
-0.2%) and Rakuten (RKUNY
+0.6%) have agreed on a strategic cooperation deal to build out solutions for 4G and 5G mobile networks based on Open Radio Access Network [RAN] technology.

Cisco and Rakuten Symphony, a subsidiary of Rakuten Mobile, have set up a joint go-to-market model with a common customer offering, as they've signed a memorandum of understanding on speeding cloud-native, virtualized mobile networks based on Open RAN.
The solutions will combine Cisco's mobile, routing, switching and automation portfolios with Rakuten Symphony's Open RAN, orchestration and Symworld applications.
The two companies had established a basic partnership four years ago to encourage Open RAN and build a cloud-native network for Rakuten Mobile.