Jio associates with Optiva to offer end-to-end 5G solution for global markets
Jio Platforms Limited (JPL) Monday said it has signed a strategic go-to-market partnership with Optiva, a Canadian provider of business support systems (BSS) services, to offer an end-to-end 5G solution for global markets.
“Optiva’s advanced converged real-time charging and billing capabilities will enable JPL to offer an end-to-end 5G solution for global markets. As per the collaboration, JPL will offer its cloud-native 5G core to telcos globally along with Optiva’s future-ready converged charging engine to accelerate the monetization of a wide range of 5G services and use cases,” a statement said on Monday.
JPL, established in October 2019 as a wholly-owned unit of Reliance, houses the Mukesh Ambani-owned group’s telecom business Reliance Jio Infocomm, the largest in the country, and other digital properties and investments.
Telecom market leader Reliance Jio has acquired spectrum in the 700MHz, 800MHz, 1800MHz, 3300MHz and 26GHz bands for 20 years at a cost of Rs 88,078 crore in India’s first 5G spectrum auction. The telco in a statement said it is geared for a 5G rollout in the shortest period of time.
Optiva and JPL further aim to help telecom operators tap into 5G consumer, enterprise and private business opportunities.
“JPL's cloud-native 5G core supports capabilities that enable CSPs and enterprises to launch new services and 5G use cases quickly — while maintaining sight of services monetisation, which is baked into the architecture through this collaboration,” said Aayush Bhatnagar, Senior Vice President of Jio Platforms.
"Optiva’s partnership with Jio offers a converged digital experience, enabling operators to optimally accelerate their 5G use case viability, future innovation, immersive experience offerings and new monetisation opportunities,” added Matt Halligan, CTO of Optiva.
Optiva Charging Engine is a real-time cloud-native converged charging solution that drives true converged charging across mobile, fixed IPTV, and broadband domains and services beyond connectivity, opening the opportunity for partner ecosystem monetization with new commercial models.
The solution is available as a SaaS-based platform and supports 5G dynamic slicing optimization with real-time action, policy fulfillment, and orchestration to ensure the quality of service.