StockNews.AI
BABA
StockNews.AI
167 days

China Mobile, Alibaba Cloud and ZTE win the GSMA GLOMO "Open Gateway Challenge" award for capability exposure solution

1. Alibaba Cloud collaborated with China Mobile and ZTE to win a GSMA award. 2. The Open Gateway initiative promotes standardized access to network capabilities. 3. Alipay enhances payment performance through integration with Alibaba Cloud's API. 4. The partnership aims to improve mobile payment efficiency and user experience. 5. Recognition may bolster BABA's reputation in the fintech and telecom sectors.

6m saved
Insight
Article

FAQ

Why Bullish?

The collaboration enhances Alibaba's tech capabilities and reputation, akin to past tech partnerships that boosted stock prices.

How important is it?

The successful collaboration directly enhances Alibaba's market position in fintech and telecom, likely to attract investors.

Why Long Term?

As 5G adoption grows, Alibaba's strengthened position in fintech could yield sustained growth and market confidence.

Related Companies

, /PRNewswire/ -- ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of integrated information and communication technology solutions, announced that the AaaS Open Gateway solution, jointly developed by China Mobile, Alibaba Cloud and ZTE, was honored with the GSMA GLOMO "Open Gateway Challenge" award. This prestigious recognition signifies the large-scale commercial adoption of Open Gateway in key industry scenarios and underscores the global industry's high regard for China Mobile's collaborative efforts with its partners in advancing the GSMA Open Gateway initiative. China Mobile, Alibaba Cloud and ZTE win the GSMA GLOMO "Open Gateway Challenge" award for capability exposure solution China Mobile is one of the pioneering operators to join the GSMA Open Gateway global initiative. In recent years, it has actively championed the Open Gateway development philosophy, establishing the world's largest Open Gateway platform. This platform not only empowers its own services but also continuously expands application scenarios, enriching the Open Gateway ecosystem. In collaboration with ZTE, China Mobile has developed the QoD (Quality on Demand) API based on CAMARA API standards, became the first to successfully pass 63 technical tests under the Open Gateway working group and achieve commercial deployment. The capability exposure solution jointly developed by China Mobile, Alibaba Cloud and ZTE integrates the strengths of all parties across telecommunications and fintech. Leveraging China Mobile's Department of Networks-operated CT middleware platform and its 'QoS Acceleration Capability', the solution ensures superior network quality for mobile payments. This collaboration is dedicated to delivering a more seamless, efficient, and innovative 5G service experience, redefining user engagement in the next-generation digital ecosystem. Alipay, one of the world's largest online payment platforms, integrates with China Mobile's AaaS Open Gateway platform via Alibaba Cloud. When users access payment services in areas with weak network coverage, Alibaba Cloud leverages the API to dynamically enhance wireless network performance. This optimization reduces payment transaction time and decreases transaction failure rates, significantly enhancing the user payment experience.Looking ahead, China Mobile will continue to collaborate with industry partners to contribute more advanced capability APIs and pioneering application scenarios. By driving the commercialization of 5G and accelerating the global adoption of the Open Gateway ecosystem, China Mobile remains committed to fostering innovation and shaping the future of intelligent connectivity on a global scale.The Open Gateway initiative is a pivotal effort led by GSMA to drive the globalization of network capability exposure. As a universal open network API framework, it enables seamless and standardized access to carrier network capabilities for enterprises and developers worldwide. These functionalities are deployed through globally standardized APIs under the CAMARA framework—an open-source project jointly spearheaded by the Linux Foundation and GSMA, fostering innovation and interoperability across the global digital ecosystem.The annual GLOMO Awards represents the industry's most prestigious accolade. With a panel of judges comprising over 260 global analysts, media professionals, and industry experts this year, the GLOMO Awards 2025 celebrates individuals and companies that drive innovation and showcase excellence in the rapidly growing mobile industry.MEDIA INQUIRIES:Email: [email protected]SOURCE ZTE Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News