Verizon has facilitated new 5G revenue opportunities by expanding the scope of its homegrown network APIs with a deal with Ericsson-owned Vonage that benefits developers.
Verizon said in a statement that the two companies signed a memorandum of understanding to use the carrier’s 5G network APIs on Vonage’s CPaaS platform and agreed to co-develop new APIs. .
Access to APIs through Vonage’s platform will enable the developer community to create new use cases for the enterprise space, which Verizon and Vonage say will improve the overall experience and brand loyalty. .
The deal will allow Verizon to gradually monetize its network assets.
The company says its API acts as “an organization that connects data with developers, enterprises, applications, and a rich set of network services.”
Srini Kalapala, Verizon’s SVR for technology and product development, said global partnerships to make network capabilities more widely available provide value to businesses and consumers.
Verizon has developed its own API, but a representative said: mobile world Live It works directly with multiple industry organizations, including the Linux Foundation’s Camara, GSMA Open Gateway, 5GFF, and TM Forum, to ensure compliance with global standards.
Verizon and Vonage have not said when carrier APIs will be available.
Vonage offers a unique set of communications APIs including voice, video, messaging, and verification, as well as a portfolio of AI-enabled low-code/no-code programmable components.
Seckin Arikan, EVP and Head of CPaaS and Global Network Platform Sales at Ericsson, said the API partnership with Verizon will enable the company to offer network APIs in the U.S. market, creating a global network platform for businesses. I said it was based on strategy.
Providing broad access to network APIs is a hot topic in 2023, and the GSMA launched its Open Gateway Initiative at MWC23 Barcelona, garnering support from major carriers.
