The company had previously expected revenues from Open RAN hardware, baseband and software elements to hit about $200 million this year, but now expects that figure to be about $300 million, notes Stefan Pongratz, VP and head of Dell’Oro’s Mobile RAN market and Telecom Capex research programs in this blog.

Open RAN technology sales in 2020 look like they will be about 50% higher than previously expected, according to analyst company Dell’Oro.

The small cell share of the total RAN market has grown from less than 5 percent in 2014 to 10-15 percent in 2019, according to research by Dell’Oro Group, and it is expected to fall between 15 percent to 20 percent in 2024.

Pekka Lundmark has a lot resting on his shoulders. As chief executive officer of Nokia Oyj, he’s tasked with turning around the stuttering telecoms giant’s fortunes before it misses out on the 5G revolution. Also riding on his success, however, is the ability of the world’s industrialized economies to compete with China.

“Mavenir’s solutions appear to be resonating with service providers at just the right time as service providers look for ways to monetize their networks, to upgrade their networks, and look for alternatives to traditional vendors,” wrote Dell’Oro analyst Dave Bolan in response to questions from Light Reading.