The software described in this documentation is either in Extended Support or Sustaining Support. See https://www.oracle.com/us/support/library/enterprise-linux-support-policies-069172.pdf for more information.
Oracle recommends that you upgrade the software described by this documentation as soon as possible.

11.2.4 About the /etc/sysconfig/network File

The /etc/sysconfig/network file specifies additional information that is valid to all network interfaces on the system. The following entries from /etc/sysconfig/network define that IPv4 networking is enabled, IPv6 networking is not enabled, the host name of the system, and the IP address of the default network gateway:

NETWORKING=yes
NETWORKING_IPV6=no
HOSTNAME=host20.mydomain.com
GATEWAY=192.168.1.1

For more information, see /usr/share/doc/initscripts*/sysconfig.txt.