Category: Asean

Mavenir Chosen as Strategic Small Cell Partner Following Successful Trial

RICHARDSON, Texas, May 11, 2026 (GLOBE NEWSWIRE) — Mavenir, the cloud-native software company building AI-by-design mobile networks, today announces that it has been selected as the strategic small cell technology partner by MagtiCom, the largest telecommunications provider in Georgia, for a nationwide small cell deployment project. Mavenir will be supplying its full range of 4G and 5G small cell technology, spanning hardware, software, management, and orchestration solutions.

MagtiCom confirmed Mavenir as its preferred small cell technology partner following a successful trial earlier this year. The countrywide deployment is expected to commence during Q2 2026, starting with beta testing for priority residential, small office and enterprise customers ahead of full roll-out later this year.

MagtiCom offers a comprehensive range of services including mobile telephony, fiber-optic internet, IPTV, and VoIP to more than 3 million customers, consistently maintaining a leading position in the market. The company delivers high-performance connectivity, ranking 6th globally for 5G mobile internet speeds in Ookla’s connectivity tests.¹

Vasil Melikidze, Chief Technology Officer for MagtiCom commented: “As the country’s largest telecom operator, MagtiCom is synonymous with world-class connectivity. Reliable and high-quality mobile internet is now integral to daily life, so we are committed to delivering the best possible experience wherever our subscribers live, work and travel. Partnering with Mavenir as the trusted technology provider for our small cell roll-out significantly strengthens that mission – enabling us to expertly extend capacity, boost indoor coverage, and support the growing demand for high-speed mobile data. This strategic collaboration will enhance the digital experience for our customers and reinforces MagtiCom’s role in driving Georgia’s next chapter of mobile innovation.”

Sachin Karkala, Executive Vice President & General Manager IMS & RAN for Mavenir said: “This national small cell roll-out for MagtiCom really underscores Mavenir’s ability to transform the mobile user experience at scale. From residential to enterprise and rural applications, our small cell solutions deliver the capacity, coverage, and energy efficiency operators need in a uniquely accessible form factor– easy to deploy, fully automated, highly scalable, and adaptable. We are proud to partner with MagtiCom to support its innovation agenda, and to help expand high performance mobile connectivity and a superior digital experience for customers across Georgia.”

Mavenir’s small cell portfolio comprises fully cloud-native solutions that delivers 4G and 5G coverage across indoor, outdoor, enterprise, rural and private network environments. Mavenir’s range of software-upgradable small cells is designed to boost capacity and coverage while supporting advanced use cases in sectors including Industry 4.0, healthcare, retail, aviation, maritime and first responder communications.

^{1. According to data from the first two quarters of 2025, Magti’s mobile network was ranked 6th in the world for internet speed –  1 Year with Magti 5G: New Opportunities, Digital Experience, and International Recognition.} 

About Mavenir
Mavenir is enabling intelligent, automated, programmable networks through the development of telco-first, cloud-native, AI-by-design software solutions for mobile operators. The company’s deep telco domain expertise has been proven through deployments with 300+ operators globally in over 120 countries, which together serve more than 50% of the world’s subscribers. Mavenir combines its deep telco experience with the cloud and IT expertise and data science skillsets essential to solving real customer challenges. Its proven software solutions are AI by design, delivering the AI-native future and operators’ evolution to TechCos. ​For more information, please visit www.mavenir.com

Media Contacts

Mavenir PR Contacts:
Emmanuela Spiteri
[email protected]

GlobeNewswire Distribution ID 9717333

CGTN published an article examining why the world is closely watching the upcoming China-US summit. Against a backdrop of prolonged geopolitical tensions and fragile global recovery, the article highlights how head-of-state diplomacy serves as the “anchor” of China-US relations. It also explores how the summit could inject greater certainty into an increasingly volatile world.

BEIJING, May 11, 2026 (GLOBE NEWSWIRE) — At the invitation of Chinese President Xi Jinping, US President Donald Trump will pay a state visit to China from May 13 to 15, the Chinese Foreign Ministry announced on Monday.

At a time of prolonged geopolitical tensions and fragile global recovery, the world is closely watching whether the two leaders can further stabilize China-US relations and inject much-needed certainty into the international landscape.

Keeping China-US relations on the right course

For many observers, the summit reflects one core hope: stability in bilateral ties.

Interviews conducted by CGTN show a common view among experts that head-of-state diplomacy has long served as the “anchor” of that stability.

As Wu Xinbo, dean of the Institute of International Studies at Fudan University, put it, such head-of-state diplomacy “sets the tone and defines the direction” of bilateral ties.

Christopher Newport University’s Associate Professor Sun Taiyi similarly noted that direct leader-to-leader communication helps reduce uncertainty, prevent miscalculation and signal that stability remains the overriding priority.

Over the past year, the two leaders have maintained communication through phone calls and a face-to-face meeting in Busan, the Republic of Korea (ROK), helping prevent major miscalculations and keeping the overall relationship stable.

As Xi told Trump in Busan, “In the face of winds, waves and challenges, we should stay the right course, navigate through the complex landscape, and ensure the steady sailing forward of the giant ship of China-US relations.”

That metaphor of “steering the ship” has been reflected in concrete progress.

Since 2025, under the strategic consensus reached by the two heads of state, economic teams from both sides have held multiple rounds of talks, while large-scale tariff escalation has been paused. A new round of consultations is set to take place in the ROK from May 12 to 13, just ahead of the Beijing summit.

People-to-people exchanges have also regained momentum. In April, Beijing hosted events marking the 55th anniversary of China-US “Ping-Pong Diplomacy,” with hundreds of young Chinese and Americans taking part in sports and cultural exchanges. More US youth groups have also traveled to China for exchange and study programs.

Bringing certainty to a changing world

As the world’s two largest economies, and with China-US relations standing as one of the most important bilateral ties globally, outcomes of head-of-state diplomacy between the two countries not only help stabilize bilateral relations, but also have a broader impact on global development and governance.

As Peterson Institute Senior Fellow Chad Bown noted, “virtually everyone has a stake in the outcome.” Cornell University economist Eswar Prasad went further, suggesting the meeting could carry implications for global trade, geopolitics and even the “rules-based order.”

CGTN interviews with experts highlight the similar points.

Zhang Tengjun, associate research fellow at the China Institute of International Studies, said deeper cooperation could inject momentum into global recovery and stabilize industrial and supply chains, stressing that the trajectory of bilateral ties is closely tied to the world’s future.

On this point, scholar Sun said that stable relations reduce risks of supply chain disruption, financial volatility and geopolitical fragmentation.

Dean Wu noted that as the world’s two major technological powers, China and the United States have the capacity to generate “win-win outcomes” through practical cooperation, supporting broader global growth and scientific progress.

Likewise, Cui Fan, vice dean of the University of International Business and Economics, emphasized that both countries share responsibility for the stability of global governance.

Xi underlined this responsibility in Busan as well: “The world today is confronted with many tough problems. China and the United States can jointly shoulder our responsibility as major countries, and work together to accomplish more great and concrete things for the good of our two countries and the whole world.”

This year provides a window for that responsibility to be tested, with China hosting APEC and the United States hosting the G20 Leaders’ Summit – two platforms that could open space for coordination on global recovery, food and energy security, debt risks, and governance reform.

In a February phone call with Trump, Xi set out a pragmatic path forward: “If the two sides work in the same direction in the spirit of equality, respect and mutual benefit, we can surely find ways to address each other’s concerns.”

The world will watch the upcoming summit to see how Beijing and Washington can translate into action Xi’s call to “make progress step by step to build mutual trust, find the right way to get along, and make 2026 a year where the two major countries advance toward mutual respect, peaceful coexistence and win-win cooperation.”

https://news.cgtn.com/news/2026-05-11/Why-is-the-world-watching-the-upcoming-China-US-summit–1N3u9OWFqdq/p.html

Contact:
CGTN Digital
[email protected]

GlobeNewswire Distribution ID 9717302

LONDON, May 11, 2026 (GLOBE NEWSWIRE) — Emerging Markets Global Advisory LLP (EMGA), announces that it has completed their first transaction for EVF General Finance Joint Stock Company (EVF) in Vietnam by securing US$ 25M from the OPEC Fund for International Development (OFID).

Commenting on the transaction, EVF’s Head of Capital Markets, Dinh Ngoc Bao said: “We are pleased to have partnered with EMGA to secure this facility from the OPEC Fund. This transaction represents a significant milestone in EVF’s strategy to expand access to financing for Vietnam’s SME sector, a key driver of the country’s economic growth and innovation.

“We share a strong alignment with the OPEC Fund in supporting entrepreneurship and promoting sustainable private sector development. We believe this partnership establishes a solid platform for broader future collaboration, enabling us to further strengthen support for businesses, accelerate economic development, and create long-term opportunities in the international capital market.”

EMGA’s Head of Investment Banking and Managing Director Sajeev Chakkalakal said, “We are pleased to close this first transaction and ensure EVF’s continued vision to supporting the SME sector, as well as climate action in Vietnam. It was also a very positive experience working with our long-term partner OFID as they looked to expand their exposure in the Vietnamese financial sector.”

EMGA’s Head of Operations and Managing Director Jeremy Dobson added, “This funding line adds to our existing track record in Vietnam and is the first time that we have worked with a non-banking financial institution (NBFI) in the country. We believe that this debt financing will help diversify EVF’s funding base and look forward to further cooperation soon.”

EVF General Finance Joint Stock Company (EVF) is one of Vietnam’s leading non-bank financial institutions, established in 2008 and headquartered in Hanoi. The company provides a broad range of financial services, including corporate financing, treasury, capital mobilization, and lending solutions for institutional and retail clients. Listed on the Ho Chi Minh Stock Exchange under the ticker “EVF,” the company has developed strong partnerships with domestic and international financial institutions while supporting the growth of Vietnam’s private sector and SME economy.

Emerging Markets Global Advisory LLP (EMGA), with offices in London and New York, helps financial institutions and corporates seeking new debt or equity capital. EMGA’s multi-national team combines the decades of experience necessary to complete transactions on behalf of their clients within the world’s emerging markets and frontier economies, including Vietnam which remains a key market. With a proven track record in capital formation and strategic advisory throughout diverse economic cycles, EMGA continues expanding its geographic reach and service offering, solidifying its place in the market as one of the industry’s pre-eminent emerging markets focused niche investment banks.

Contact [email protected]

GlobeNewswire Distribution ID 1001181036

BEIJING, May 10, 2026 (GLOBE NEWSWIRE) — Today marks Mother’s Day. CGTN published a feature spotlighting the inspiring stories of Chinese mothers who devoted themselves selflessly to their children and the nation, highlighting the profound influence mothers have in shaping future generations. In particular, the article explores the deep bond between Chinese President Xi Jinping and his mother, Qi Xin, showing how her patriotism, resilience, and frugal lifestyle, conveyed through both her words and personal example, helped shape Xi’s values, approach to governance, and people-centered philosophy.

“In this vast world, I may be like a small feather. But even so, I want this feather to carry a wish for peace,” He Zhihong, a Chinese peacekeeper who was killed in the line of duty at the age of 35, wrote in her diary. She died in an earthquake while serving on a UN peacekeeping mission in Haiti, leaving behind a 4-year-old son, husband and elderly parents.

During her deployment, she led a female peacekeeper squad and provided translation for visiting Chinese delegations. She also took the initiative to organize cultural exchange and open camp events to strengthen cooperation with other peacekeeping units, and taught local students Chinese, building a bridge for cultural understanding.

As a heroic mother figure, her sacrifice made a strong impression on attendees as Chinese President Xi Jinping shared her story in a speech at the General Debate of the 70th Session of the UN General Assembly in New York in September 2015.

Her story is one of many moving accounts of Chinese mothers that Xi has highlighted over the years. Others include Zhao Yiman (1905–1936), a revered national martyr who was executed at the age of 31 by Japanese forces after enduring brutal torture, and Deng Yufen (1891–1970), a mother who sent her husband and all five of her children to the frontlines to fight Japanese militarists.

These women not only exemplify dedication and sacrifice for their country but also demonstrate the profound influence a mother can have on the character and spirit of her children.

Xi and his mother

Xi’s own mother, Qi Xin, also left a lasting impression on her children. She joined the Communist Party of China (CPC) in 1939, endured the hardships of the fight against Japanese invaders and worked for many years at the grassroots level in rural revolutionary bases.

Qi’s dedication to a sovereign and peaceful China, along with her close bond with ordinary working people, deeply inspired Xi.

From a young age, Xi’s mother instilled in him lessons of patriotism and resilience. She once carried him to a store to buy a book about Yue Fei, a 12th-century military commander celebrated for his loyalty. Qi told Xi how Yue Fei’s mother tattooed the characters meaning “serve the country with the utmost loyalty” on her son’s back to encourage him to resist foreign invaders. When Xi asked how painful it was, Qi explained that although it hurt, Yue Fei took the words to heart. From that moment, Xi took those same words as a guiding principle in his life.

In 1969, during Xi’s adolescence, Qi gave him a simple sewing kit. She stitched the words “niang de xin” (mother’s heart) in red thread on it, a gift meant to give him courage as he prepared to leave Beijing for Liangjiahe Village in northwest China’s Shaanxi Province to experience rural life firsthand. After living and working alongside villagers – eating, sleeping, herding sheep, cutting grass, carrying manure and hauling coal – Xi reflected that one of the greatest lessons he learned was the importance of seeking truth from facts and truly understanding the people.

The simple and frugal lifestyle of his mother also had a lasting influence on Xi. When Xi worked in Zhengding, north China’s Hebei Province, in the early 1980s, he used a patched quilt made from over a hundred pieces of old cloth that his mother had sewn more than a decade earlier. When an official offered to buy a new one for him, he refused, saying, “The quilt is fine.”

During the 2001 Spring Festival, Qi called Xi, who was then deputy secretary of the CPC Fujian Provincial Committee and governor of Fujian. She told him that it was understandable he could not return to Beijing for the family reunion, emphasizing that excelling in his work was the greatest act of filial piety.

Raised in such a household, Xi has always put the people first. For decades, he has adhered to the principle that “bringing benefits to the people is the greatest achievement,” treating the public with the care he would show to his own parents and working tirelessly to improve the lives of all Chinese families.

For more information, please click:
https://news.cgtn.com/news/2026-05-10/Mother-s-Day-How-heroic-mothers-inspire-Xi-Jinping-1N1ERJsy5fW/p.html
Youtube: https://youtu.be/DoDxYgrAX2w

Contact: CGTN Digital [email protected]

GlobeNewswire Distribution ID 9717055