VNPT and Casa Systems sign MoU for next generation 5G technologies in Vietnam
May 17 2022 - 9:15AM
Vietnam Posts and Telecommunications Group (VNPT), a leading
provider of digital and telecommunications services in Vietnam, and
Casa Systems (NASDAQ: CASA), a leading provider of physical and
cloud-native infrastructure technology solutions for mobile, cable
and fixed networks, signed a Memorandum of Understanding (MoU) this
week to explore 5G capabilities and pave the way for
next-generation network services in Vietnam.
The partnership will focus on cementing VNPT’s
leadership position at the forefront of Vietnam’s digitalization
efforts and driving 5G monetization opportunities. VNPT Group is in
the process of implementing its 5G network development strategy and
developing a portfolio of digital services to meet the needs of
corporate, government and consumer customers. As part of the
agreement, both companies will explore the potential of 4G and 5G
technologies across various use cases including Public and Private
Networks, In-Building Solutions and Home Networking.
With an extensive end-to-end portfolio for all
access types, Casa Systems offers a variety of products including
cloud-native 4G / 5G core and radio access network solutions, fixed
wireless access, fiber extension, Industrial IoT, cable and
broadband aggregation solutions.
Mr. Huynh Quang Liem, General Director of VNPT
Group said: “The cooperation with Casa Systems helps VNPT rapidly
develop digital services, learn new technologies as well as take
advantage of the resources of experts and experiences from Casa
Systems in joint researching and building solutions and services
suitable to the needs of the Vietnamese market, as well as
improving the capacity of VNPT Group. This Memorandum of
Understanding is the basis for a more detailed exploration of Casa
Systems' solutions both technically and commercially, conducting
technical trials to get ready for deployment when 5G services are
officially commercialized.”
Jerry Guo, Chief Executive Officer at Casa Systems,
said: “We look forward to working with VNPT and support Vietnam’s
digital transformation journey. We will leverage our global
expertise in cloud-native and access network technologies to help
VNPT discover new business models and create new and innovative
offerings, ensuring that fast and reliable connectivity is
accessible across the country.”
About VNPTVNPT Group is a leading
telecommunications and IT service provider in Vietnam,
headquartered in Hanoi with nearly 40,000 employees. VNPT's main
business lines and sectors include fixed and mobile
telecommunications, broadband Internet access, satellite
communication services, and digital services and solutions for the
government, enterprises, and citizens, and manufactures
telecommunications and IT equipment.
With the strategy of becoming a technology group,
in recent years, VNPT has been a pioneer in implementing national
digital transformation, is investing heavily in infrastructure,
technology and is a provider of digital platforms and solutions. of
the Government of Vietnam. VNPT Group is also a digital service
provider with a large position in the country with many groups of
products and services, serving the development orientation of the
digital economy and digital society in Vietnam.
With the right steps and strategies, VNPT is
currently the 2nd most valuable brand in Vietnam awarded by Brand
Finance and Forbes and in the world’s top 150 network operators for
brand value.
About Casa Systems, Inc.Casa
Systems, Inc. (Nasdaq: CASA) delivers the core-to-customer building
blocks to speed 5G transformation with future-proof solutions
and cutting-edge bandwidth for all access types. In today’s
increasingly personalized world, Casa Systems
creates disruptive architectures built specifically to meet
the needs of service provider networks. Our suite of open,
cloud-native network solutions unlocks new ways for service
providers to build networks without boundaries and maximizes
revenue-generating capabilities. Commercially deployed in more than
70 countries, Casa Systems serves over 475 Tier 1 and regional
service providers worldwide. For more information, visit
http://www.casa-systems.com.
PR CONTACT INFORMATION:Alicia
ThomasCasa Systems, Inc.100 Old River RoadAndover, Mass.
01810+1.817.909.8921alicia.thomas@casa-systems.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/aa216dbc-fb34-4ef6-a398-2f26d51759f0
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