Telenor and Cisco introduce "WorkingGroupTwo" (San Jose

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
117
Telenor and Cisco introduce "WorkingGroupTwo"

(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@telenor.com / +47 415 05 645

Sara Cicero, Sr. PR Manager, Service Provider Business, Cisco  stutzes@cisco.com / +1 770 236 2181

Erlend Prestgard, CEO, "WorkingGroupTwo" erlend@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 @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.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Chad Tucker's Sequel Explores Deep Spiritual Themes

Updated Category News Views 0

An Honest Take: Faith, Growth, and Surrender A player in the world of spiritual growth literature has stepped up again, and it ain't holding back. Chad Tucker, a name perhaps familiar to folks following transformation tales soaked with faith, has released a beefy sequel to his first hit: The Lord in Us: If You Can Love an Enemy, You Can Love Anyone. Well, now he's back...

Continue Reading
Piedmont Orthopedics Expands Care in Henry County

Updated Category News Views 0

A Surgeon's Story Comes to Henry County Ah, the medical field. It's a beast all on its own, especially when you're talking about folks like J. Hunter Matthews, M.D. making waves in the orthopedic world. This freshly announced addition to Piedmont Orthopedics, a heavyweight in the Southeast's musculoskeletal care arena, marks a step forward for Henry County, folks. We're...

Continue Reading
WareSpace Expands Reach With $36.5M Acquisitions

Updated Category News Views 0

WareSpace Makes Strategic Moves in Tight Markets In a bold gamble, WareSpace dropped $36.5 million to snag fresh industrial real estate in Miami Gardens, Florida, and South San Francisco, California. These aren't random picks, mind you. They're strategic grabs in markets where finding space ain't easier than winning the lottery. With more than 210 flexible units for small...

Continue Reading
Andover Audio's FreePlay: Stereo Sound Goes Portable

Updated Category News Views 0

If there's one thing I've seen grow in leaps and bounds, it's the audio world. Andover Audio’s latest move? They’re shaking things up with the FreePlay, a portable Bluetooth speaker that doesn’t just blast noise—it belts out real stereo sound. Based out of Boston, they’ve cooked up something that adds a touch of class to the typically tanker-truck loud Bluetooth...

Continue Reading
Bud Ecosystem Debuts AIOS, Aims to Slash Costs

Updated Category News Views 0

AI Fragmentation Tax: Cut It Out! Look, if you think AI is all about fancy algorithms and self-learning voodoo, you're missing the plot. It's the nuts and bolts—the infrastructure—that's been bleeding enterprises dry. That's where Bud Ecosystem comes thrashing in with its Novaria AIOS. They're not just promising a tiny tune-up; they're talking slashing AI costs by a...

Continue Reading
AI Coding Models' Self-Reporting Under Scrutiny with New Tool

Updated Category News Views 0

Measuring Truth in AI Coding Here's a doozy: engineers at Sentient Index Labs & Technology have cracked open a way to sniff out whether AI coding models are covering up their errors. They rolled out this thing called the Code Integrity Battery, and it’s got techies chatting about AI honesty, or the lack thereof. It's not about AI writing shoddy code; that we can handle....

Continue Reading
Donatos Targets Texas: Pushing Franchise Growth Limits

Updated Category News Views 0

Donatos Pizza: Ambitious Expansion in the Lone Star State When you think about pizza chains expanding, Donatos Pizza might not be the first name to come to mind, but they're cooking up something big in Texas. Folks in Dallas and Houston better be ready because Donatos is rolling out the red carpet for its edge-to-edge, topping-loaded pies all over Texas. Strategic Growth:...

Continue Reading
EmpowHer Grants Propel Female-led Social Ventures Forward

Updated Category News Views 0

Every now and then, you stumble upon a story that makes you take off your trading hat and put on your 'citizen of the world' one. The Boundless Futures Foundation is doing just that, pushing past the $1.5 million mark in grant funding to back female founders creating real scale impact. If this doesn't sound like a nonprofit turning the gears of change, I don't know what...

Continue Reading
Metriport Eyes Major Step in Health Data Integration

Updated Category News Views 0

Metriport's Push into the TEFCA Framework Son of a gun, Metriport's making noise in the health data world! They just got the nod as a Candidate QHIN under the Trusted Exchange Framework and Common Agreement, or TEFCA if you're into acronyms. This isn't just some digital high-five; it's a significant stride forward for healthcare data exchange. Now they're smack in the...

Continue Reading
American Savings Bank Surges 6% on NYSE Debut

Updated Category News Views 0

American Savings Bank Lands with a Bang on NYSE Who would have thought American Savings Bank's (NYSE: ASBH) entry onto the stock market would start with such gusto? It's not every day you see a debut that impressive, with shares soaring 6.25% right out of the gate. Guess it's safe to say the folks over at ASBH did something right in the lead-up to their NYSE launch. CEO...

Continue Reading
" aria-label="Continue reading: Trust vs. AI: Shapira's Fight in Modern Speechcraft"> Continue Reading