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I believe that Dell and Ethernity are working together to build out the DU solution within the Dell Dish private network
In February 21 Ethernity said this.
The DU testing requests, initiated on recommendation of major European and North American service providers, are in line with telco operators' plans to move to OpenRAN and the increasing demand for Distribution Units, as detailed in the following link: https://ethernitynet.com/market-for-dus-in-openran/.

David said this
"We are seeing great strides toward the implementation of OpenRAN, along with the continued anticipated demand for FPGA-based virtualized routing and other telecom applications. We are excited by the progress we've achieved and the inroads we've made toward meeting the Company's growth ambitions.
We believe that with our available technology and by integrating additional functionality on our existing DU implementation that will result in additional savings for the operators, we will maintain our edge over the other solution providers in this market."

I believe that whilst the Ethernity NIC in this DU solution can support up to 9 RU given variations in load and geographical constraints probably 5 average is realistic. This is potentially a huge amount of sales.
When Brian K said we'll see private networks build out first I don't think any of us visualised it being 70% US coverage.
Dish are well backed and cashed up to deliver this network. They are connected to Ethernity through several routes so will have had knowledge of the DU development. I think that it is highly likely that Dish are our North American service provider and Dell are one of three server vendors Ethernity delivered the early version to.
I initially had a problem because I couldn't understand how Ethernity could work with 3 vendors without any conflict of interest. Now we know these deals are specific to an alliance/contract so there's no competition element.
I suspect that Dell and Dish will sell their ecosystem to other service providers globally and at that point they will take Ethernity with them.

Sales will flow through OEMs and integrators.....

This is interesting. Clearly Dish and Dell are not going to be inventing a DU platform with router on the NIC in the next 10 years let alone the next few months. In fact this while ecosystem as it should be is bought in from leading vendors and assembled.
Also in the same article there is talk of a deal for access to 20000 towers then a list 6 other tower owners they have deals with. So 50000+++ towers so at least 10000 DU units.
https://www.rcrwireless.com/20210618/5g/dish-selects-dell-5g-network-infrastructure

Through the agreement, Dell and Dish said they are creating private 5G wireless network solutions, software-defined wide area networks and multi-access edge cloud platforms.

The companies will also co-develop technology for Open RAN, SmartNICs, emerging micro-edge colocation, operational automation and other areas of R&D. Joint teams will create multi-access edge computing (MEC) solutions for enterprise and small business opportunities, the companies said.

All on 47. Waiting for news Monday or Tuesday

Skid I agree with all of that.
We are seeing server vendors respond to the clients needs, largely because the vendors don't know what they are. Ethernity are managing that part I have no doubt. If this is Dell and Ethernity building a DU server for Dish which it may be then this is a product to Dish requirements in a open ecosystem. Ethernity has the expertise to identify the features and how to engineer them. Dell has the client.
Dish has bought together solutions providers to complete an end to end solution.
It is important to understand that this is done using 3 or 4 key players not all the contributors as there may be many. Ethernity identified this very early and accepted that this is not their role. Ethernity are down stream but filtering solutions in upstream.
I keep going back to it but sales will flow through OEMs and integrators.

I think that it would be the catalyst we are looking for the restart the trend. To £1 at least as that was where it was going.

Obviously if it turns out to be this server vendor and this deployment starting this year then we have to conclude that the joint product is near completion and of commercial interest.
If this is the case then the Dish Dell information is out there so nothing stopping notification. It cannot be commercially sensitive at this stage. I assume if this is correct the terms of any deal would have been discussed very early on.
Interesting dynamics on such a tiny cap.

Just to tie things up the co founder and chairman of Dish Charles Ergen is chairman and major shareholder of Echostar. Echostar are a major backer of Tarana and Tarana as we know have a long term development partnership with Ethernity. It is a small world with many other crossovers. So Dish tell Dell to check out a new product from Ethernity that will save them millions.
Ethernity tell us that they have delivered a early version of the unique DU solution to a server vendor at the request of a US service provider.
Don't know about you but as myth busters would say this myth is plausible.

Level 2 firming about to shift up. Maybe one more buy does it.

To answer a question that I received by PM. I don't expect ever to see a headline like DT partner with Ethernity networks. It would be like Ford mentioning Hella for the bulbs or gates for the belts. Ethernity reach market through others so when we see say Dish partnering with Dell. Ethernity could very well be working with Dell on part of their offering. This is OpenRAN.
Ethernity make solutions but I don't think that anyone will take end to end as it is not OpenRAN and what's the chances of Ethernity leading on the end to end product at every stage.
So how will we know. Some detective work and then waiting for the announcement. Exactly like Tarana.

What is interesting is these major players aren't just building their own network but looking to develop an ecosystem for others. They see 5G well beyond the mobile device.
ASICs days are numbered. Ethernity are Telco focused and Telco is about to enter a super cycle of growth.

Out of the choices available I go with Telefonica as the European provider who instructed a major server manufacturer to approach Ethernity for a DU server with a router within the NIC.
Just speculating and cross-referencing cloud RAN users committed to those with a mention from Ethernity. Actually there are not many. Late last year Ethernity said that they are leaders in the DU solution market and offer a unique opportunity for features. They said that 2021 will see commitment. This week we have seen Vodafone, MTN and Dish make new announcements.
We know that in February Ethernity delivered the prototype starting point solution to 3 server vendors for 3 clients engaged.
As I have said I don't know anything more than exactly what is in the public domain. Clues are there for sure.

David said that sales will flow through OEMs and integrators. I don't expect any direct sales. Open networks built from the ground up are rare still but will become more common. Many integrators have established their business and are actively looking to engage clients. To move 5G beyond being a faster 4G it will take many participants.
Ethernity has a unique product which will be very useful.

Nice for them then. Hopefully Ethernity are supplying the DU solution with router. We wait and see as it will be huge for this tiny company.

I don't know. I can convince myself easy enough. The circumstances and the facts appear extremely encouraging. A major server manufacturer, an American ISP, timing is right given this would not have happened overnight. Substantial volume of units hence the viability of a bespoke solution. Outside of Dell scope of business.
Looks like a good fit.

https://corporate.delltechnologies.com/en-us/newsroom/announcements/detailpage.press-releases~usa~2021~06~20210617-dish-and-dell-technologies-will-build-the-nations-first-open-ran-5g-edge-infrastructure.htm

Another link. It would be great to have Ethernity in that server. With the information out there we'll find out soon I suspect.

I seem to remember somewhere Ethernity telling us that SmartNIC were typically between $1-4000 depending on the functionality and complexity. I don't know what they will expect of a router on the NIC and the NIC with multiple ports. I suspect the hardware is the smallest part.
Certainly $1000 is just a figure from the air. 70% US national coverage will need a huge number of towers.

I suspect a $1-2m payment plus royalty per unit sold. Then a period of maintenance and zeroing in. After that fees for reconfiguration or upgrades.

Just guessing. Yes as they are designed together using Ethernity protected elements I would expect the server vendor to be the manufacturers.

Show me the piece of string and I will measure it. Elastic is more challenging.
Yes enough for a industry major to build a solution to sell CoTS servers which will not be huge margin as the market is extremely competitive with purchasing in the 1000's units at a time. How much the Ethernity bit, maybe $1000 a unit times 20000+ units. Who knows really.

Agreed. I have put £22k here short term with a 60p target.

2 on 44 and 4 on 47 on the ask. A few buys and level 2 backs and we finish blue. It could happen...