Verizon (VZ) and Vonage, part of Ericsson (Eric) has signed a memorandum of understanding outlining its intent to bring the Verizon network application programming interface to the Vonage platform, giving the developer community access to network services and features. The two companies will also collaborate on the development of new APIs. This is an important step in building an ecosystem of network APIs that developers can leverage to build secure, reliable, and innovative applications. Plans to integrate Verizon network services into Vonage’s platform will enable companies to create deeper engagement with consumers across the customer journey, driving improved overall experience and brand loyalty. This collaboration will build on existing APIs to innovate the next generation of advanced APIs, advancing the global industry toward easy and ubiquitous access to cutting-edge network capabilities. This is essential to unlocking the full potential of 5G networks, accelerating digital transformation within enterprises, and creating incremental monetization of network assets.
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