Quortus strengthens Executive Board with new CEO
Camberley, UK, 25th September 2018 – Quortus today announced Mark Bole has joined its Executive Board as CEO to strengthen the management team as the company focuses on the commercial opportunities in the expanding private and software based mobile network business.
“As a consequence of our continued growth and success over the past 9 years, Quortus is expanding and we need both a strong commercial and technical focus. Bringing in Mark Bole as CEO, who has over 30 years’ experience in leading and driving growth in technology-based companies, will ensure we can continue to deliver exceptional products and services to our customers,” said Andy Odgers, CTO & Founder of Quortus. “I will now be able to focus on our technology vision and roadmap as the company scales the business to meet the demands from the industry and our customers.”
Mark Bole has over 30 years’ experience in the mobile, media and communications technology industries and has previously been CEO of several successful venture capital and private equity backed technology companies. He has been accountable for $500M+ P&L leadership and has been on both the buy-side and the sell-side of multiple M&A deals.
“Quortus is one of the most exciting businesses I have come across and is ideally positioned to address the opportunities and challenges the mobile industry is facing as software becomes a key component in the mobile core network,” said Mark Bole, incoming CEO at Quortus. “Technically, the company stands out in the market place and our strategy is to continue to develop the Quortus technology roadmap and commercial offering and grow the company into an industry leading supplier of software base core networks and services.”
Quortus develops and delivers the industry’s leading virtualized mobile core solutions. Its highly flexible cloud native core network products are used by the mobile industry’s leading operators – from established Tier 1s to new entrants leveraging new 5G-aligned technologies.
The company’s strong focus on edge intelligence, 4G LTE and the evolution to 5G enables differentiated service offerings for MVNO/MVNEs, private LTE, government and IoT for industry and enterprises. Its solutions – developed by its strong and experienced engineering team at its headquarters in Camberley, UK – cost-effectively scale from single-figure user counts to millions of connections, enabling ground-breaking “pay-as-you-grow” business models.