Jio’s Acquisition of Mimosa is Another Sign of Indian Telecom Transformation

Ed Gubbins, Principal Analyst

Summary Bullets:

• Radisys, a RAN software provider owned by India’s Reliance Industries, is acquiring Mimosa Networks, which supplies fixed-wireless gear to Reliance’s mobile operator Jio.

• Both private and public investment dedicated to securing India’s telecom independence is surging in India as the country rolls out 5G.

Roughly four years after it acquired the company in late-2018, radio access networking (RAN) vendor Airspan recently announced it has agreed to sell Mimosa Networks, its fixed-wireless unit, to Radisys, a RAN software provider owned by Indian conglomerate Reliance Industries, for $60 million. In 2022, Mimosa reported about $25 million in revenue.

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