18 June 2018

LONDON — 5G World Summit — With a hefty portion of the communications sector’s messaging system market already under its belt, Mavenir is seeking to build its business with the world’s mobile operators by providing a broad range of software-based core and access technologies that, it hopes, will double the size of its business.

Briefing industry analysts and the press in London last week,¬†Mavenir Systems Inc.¬†executives provided an update on the company’s portfolio and strategy and outlined how it hopes to build from the profitable $500 million turnover company it is today to become a $1 billion revenues vendor by 2022.

For many that might seem like wishful thinking, partly because Mavenir, after years of sometimes head-spinning M&A activity and name changes, is something of an unknown quantity. The most common question about the company is “What does Mavenir do exactly?”