Norway’s Telenor said Thursday it has partnered with Amazon Web Services (AWS) to accelerate the modernization of its telecommunications systems, boosting the use of cloud technology to deliver 5G and low-latency data services. to professional customers.
Together with the US tech giant, Telenor will develop product offerings for selected industries including manufacturing, logistics and automotive, the Norwegian company’s chief executive told Reuters.
“We are preparing for the next wave of growth,” Sigve Brekke said in a phone interview, calling the transformation a “major game changer” for Telenor.
A key selling point for customers ranging from manufacturing to hospitals is the low latency that “edge” technology, enabled by cloud computing, brings to 5G services, Brekke said.
The Oslo-based group, which serves 172 million customers with around half of its revenue generated in Asia and the other half in the Nordic region, last year announced a separate partnership with Alphabet’s Google Cloud.
“In this phase, no one is big enough on their own and no one has everything,” Brekke said, adding that Amazon was strong on network components, while Google Cloud collaboration was more product-focused. and analysis.
Telenor and AWS have already jointly provided customers with solutions such as a prototype private 5G network for the Norwegian Defense Force Materiel Agency and private networks for enterprises.
They are also planning complementary services in the 4G area, Brekke said.
Telenor’s Swedish mobile virtual network operator Vimla, which uses many AWS services, is an example of how to “disrupt the current business model with a new kind of technology,” Brekke said.
“In the future, we will focus more on professional customers than we currently do,” Brekke said, adding that while the company’s position in the professional segment was strong in Norway, it is not the case for the Nordic countries or Asia.
© Thomson Reuters 2022