Open and virtualized RAN, Open vRAN refers to a disaggregated approach of deploying virtualized mobile networks by using open and interoperable protocols and interfaces, implemented over a common propose hardware in a multi-vendor software environment, allowing increased flexibility over traditional RAN architectures, aiming to provide OPEX and CAPEX savings while fostering innovation.
Traditional RAN Vs. Open RAN(Source: Deloitte)
Source: https://moniem-tech.com/2021/04/16/what-is-the-difference-between-traditional-ran-and-open-ran/