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Telefónica Germany Picks Blue Planet to Drive Cloudification and Autonomous Network Transformation

1. Telefónica Germany is adopting Ciena's software for 5G network automation. 2. This initiative could significantly enhance CIEN's market position in Europe.

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FAQ

Why Bullish?

Ciena's involvement in 5G initiatives could drive growth, similar to past contracts boosting revenues.

How important is it?

Telefónica's choice of Ciena's technology in a major 5G roll-out signifies strong demand, likely boosting investor confidence.

Why Long Term?

The establishment of a cloud platform indicates a sustained commitment to Ciena's solutions.

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BERLIN--(BUSINESS WIRE)--Telefónica Germany is building one of Europe's first public cloud-based platforms for network automation and 5G monetization, leveraging intelligent automation software from Blue Planet, a division of Ciena (NYSE:CIEN). Blue Planet's Inventory, Orchestration, and 5G Network Slicing applications are supporting Telefónica Germany's innovative network and IT transformation, driving end-to-end resource management as well as network and service visibility and automation. Tel.

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