Telenor and Cisco introduce "WorkingGroupTwo"
(Thomson Reuters ONE) -
(San Jose and Fornebu, October 5, 2017) - Telenor Group and Cisco today
announced their support to launch "WorkingGroupTwo" (WG2), a new business entity
that will offer mobile operators a cloud solutions platform designed to
radically increase product innovation and reduce time to market.
Many mobile operators have struggled to bring new innovative services to market
fast enough. The launch of the WG2 platform will help accelerate the pace of
product innovation in order to stay relevant for customers. Using the platform,
mobile operators will be able to quickly launch new services across IoT and
other industry verticals, and better position their business to sell to
enterprise customers.
"The "WorkingGroupTwo" platform is a Telenor innovation. I am proud that we as a
company are able to leverage new technologies to make a pioneering telco
platform with the potential of bringing the whole industry forward. We are
firmly committed to supporting "WorkingGroupTwo", and want to give the entity
the freedom to unleash wider industry eco-system dynamics. For this reason we
have also set up a strong global partnership with Cisco," said Sigve Brekke, CEO
of Telenor Group.
"Cisco's partnership with Telenor to launch "WorkingGroupTwo" demonstrates how
we are driving positive change for our customers," said Chuck Robbins, CEO of
Cisco. "Our joint efforts will help mobile operators automate the delivery of
mobile cloud services and deliver innovation at a faster pace."
Erlend Prestgard has been appointed CEO of "WorkingGroupTwo".
"Our aim for the new company is that it will bring the internet ecosystem
dynamics closer to the telco industry. We want it to be easy to become an
operator, and to make new products. Our mission is to expose the powerful
capabilities of operators to a wider community, and together with partners, we
hope to build products that consumers have never seen before," said Prestgard.
Press contacts:
Atle Lessum, VP, Telenor Group Communications
al(at)telenor.com / +47 415 05 645
Sara Cicero, Sr. PR Manager, Service Provider Business, Cisco
stutzes(at)cisco.com / +1 770 236 2181
Erlend Prestgard, CEO, "WorkingGroupTwo"
erlend(at)wgtwo.com / +47 454 29 555
About Telenor
Telenor Group is one of the world's major mobile operators. We keep our
customers connected in 13 markets across Scandinavia, Central Eastern Europe,
and Asia. More than 30,000 employees are committed to responsible business
conduct and being our customers' favourite partner in digital life. Connecting
the world has been Telenor's domain for more than 160 years, and we are driven
by a singular vision: to empower societies.
About Cisco
Cisco (NASDAQ: CSCO) is the worldwide technology leader that has been making the
Internet work since 1984. Our people, products, and partners help society
securely connect and seize tomorrow's digital opportunity today. Discover more
at newsroom.cisco.com and follow us on Twitter at (at)Cisco.
About "WorkingGroupTwo" (WG2)
"WorkingGroupTwo" is a company offering a mobile-core-network as-a-service and
as-a-platform. WG2 combines the use of modern technologies with the reach of
mobile operators to create new offerings. Our purpose is to radically enhance
the innovation capacity of the mobile industry by making mobile telecom services
even more relevant and useful to customers. Board and employees own about 5% of
the company, with Telenor and Digital Alpha LLC owning the remaining shares in
equal proportion.
Birger Magnus has been appointed Chairman of the Board of WG2.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Telenor via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 05.10.2017 - 08:00 Uhr
Sprache: Deutsch
News-ID 562550
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