MVNO

Treasure Global’s ZCITY to Launch its own Mobile Virtual Network with AI-Powered Crypto Mining Capability, Riding the Wave of a US$135 Billion Market Opportunity by 2030

Retrieved on: 
måndag, maj 20, 2024

This partnership aims to introduce a groundbreaking artificial intelligence (“AI”)-powered crypto mining service integrated with ZCITY’s new Mobile Virtual Network Operator (“MVNO”) offerings, creating a powerful new revenue stream for Treasure Global.

Key Points: 
  • This partnership aims to introduce a groundbreaking artificial intelligence (“AI”)-powered crypto mining service integrated with ZCITY’s new Mobile Virtual Network Operator (“MVNO”) offerings, creating a powerful new revenue stream for Treasure Global.
  • This unique white-label solution will be branded under ZCITY, ensuring a significant market presence and competitive edge.
  • This partnership opens a lucrative new revenue stream for Treasure Global, capitalizing on the synergies between telecommunications and blockchain technology.
  • Utilizing cutting-edge AI algorithms, the integrated service optimizes crypto mining processes, providing an efficient and profitable operation for users.

Samsung Ties Apple Atop Cell Phone Market and Now Leads 5G Phones, ACSI Data Show

Retrieved on: 
tisdag, maj 14, 2024

The smaller cell phone manufacturers finish last despite improving 1% to an ACSI score of 72.

Key Points: 
  • The smaller cell phone manufacturers finish last despite improving 1% to an ACSI score of 72.
  • Industrywide ACSI improvement reflects the increasing popularity of 5G phones, which outpace legacy technology for customer satisfaction by nearly 10 points (82 to 73).
  • Among 5G customers, Samsung pulls ahead of Apple by a score of 83 to 82.
  • The ACSI Wireless Phone Service and Cell Phone Study 2023-2024 is based on interviews with 12,414 customers, chosen at random and contacted via email between April 2023 and March 2024.

Quebecor announces redemption of 4.0% convertible debentures due 2024

Retrieved on: 
måndag, maj 13, 2024

MONTRÉAL, May 13, 2024 /CNW/ - Quebecor Inc. ("Quebecor") (TSX: QBR.A),(TSX : QBR.B) today announced that it has issued a redemption notice to holders of its currently outstanding 4.0% convertible unsecured subordinated debentures due June 26, 2024 (the "Debentures").

Key Points: 
  • MONTRÉAL, May 13, 2024 /CNW/ - Quebecor Inc. ("Quebecor") (TSX: QBR.A),(TSX : QBR.B) today announced that it has issued a redemption notice to holders of its currently outstanding 4.0% convertible unsecured subordinated debentures due June 26, 2024 (the "Debentures").
  • As set out in the redemption notice, Quebecor intends to redeem all of the issued and outstanding Debentures on June 25, 2024 (the "Redemption Date").
  • Pursuant to the terms of the Debentures, Quebecor has elected to exercise its Share Redemption Payment Right with respect to the entire outstanding principal amount of the Debentures.
  • Consequently, Quebecor will issue and deliver to the holders, on the Redemption Date, Class B Subordinate Voting Shares ("Class B shares") in accordance with the conversion terms of the Debentures.

UScellular Adds Cradlepoint to its Private Cellular Network Portfolio

Retrieved on: 
torsdag, maj 9, 2024

CHICAGO, May 9, 2024 /PRNewswire/ -- UScellular has added NetCloud Private Networks from Cradlepoint, part of Ericsson, to expand its portfolio of private cellular solutions. The company already offers Ericsson Private 5G and Ericsson's Mission Critical Networks to its customers. By building on these capabilities, UScellular is able to support even more customers across varying areas of business.

Key Points: 
  • Addition of NetCloud Private Networks expands portfolio of private cellular solutions to support business, industry, and mission-critical applications
    CHICAGO, May 9, 2024 /PRNewswire/ -- UScellular has added NetCloud Private Networks from Cradlepoint, part of Ericsson, to expand its portfolio of private cellular solutions.
  • NetCloud Private Networks is an end-to-end private cellular network solution that removes these complexities to simplify building and operating private networks.
  • "UScellular is a leader in this space by showing how a public carrier enhances the value of private network solutions," said Manish Tiwari, head of private cellular networks, Cradlepoint and Ericsson Enterprise Wireless Networks.
  • "By adding NetCloud Private Networks to their portfolio of Ericsson private networks solutions, UScellular unlocks new opportunities for organizations to have local network coverage and address their reliability and security challenges.

Videotron receives investment-grade rating from S&P Global Ratings

Retrieved on: 
måndag, maj 6, 2024

"This enviable credit rating is a significant achievement that speaks volumes about Videotron's superior operating performance, strict financial discipline and strong balance sheet.

Key Points: 
  • "This enviable credit rating is a significant achievement that speaks volumes about Videotron's superior operating performance, strict financial discipline and strong balance sheet.
  • Receiving this BBB- rating from S&P can only improve Videotron's access to capital markets and reduce its cost of borrowing," Mr. Péladeau added.
  • Videotron is currently rated BBB- with a stable outlook by S&P and Ba1 with a positive outlook by Moody's.
  • A rating is not a recommendation to buy, sell or hold investments and is subject to revision or withdrawal at any time by the relevant rating agency.

Tecnotree Achieves Strong Q1 2024 Results with Sustained Revenue Growth and Enhanced Profitability

Retrieved on: 
fredag, april 26, 2024

Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, today announced its financial results for the first quarter of 2024, demonstrating solid growth with a 4.7% increase in revenue.

Key Points: 
  • Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, today announced its financial results for the first quarter of 2024, demonstrating solid growth with a 4.7% increase in revenue.
  • The growth was primarily driven by new wins in the LATAM region, while EMEA and APAC regions remain growing markets for the digital platform.
  • Key Q1 Highlights of the financial results:
    Net sales increased 4.7% to EUR 16.3 (15.5) million.
  • Padma Ravichander, CEO of Tecnotree Corporation, said, “With the revenue growth to EUR 16.3 million, the first quarter proved to be a great start to 2024.

CRTC decision on TELUS wireless network access rates - Quebecor calls for measures better suited to the current situation

Retrieved on: 
tisdag, april 23, 2024

MONTRÉAL, April 22, 2024 /CNW/ - Quebecor is disappointed by today's CRTC arbitration decision on the rates it must pay for access to TELUS' wireless network under the MVNO* regime.

Key Points: 
  • MONTRÉAL, April 22, 2024 /CNW/ - Quebecor is disappointed by today's CRTC arbitration decision on the rates it must pay for access to TELUS' wireless network under the MVNO* regime.
  • The MVNO rates set by the CRTC today and the regulated domestic roaming rates, which are among the highest in the world, are far from reflecting current industry realities.
  • The Government of Canada's desire, as stated in its policy, is to enable Canadians to enjoy better prices for their wireless services.
  • Average mobile data traffic in Canada increased by nearly 251% between 2019 and 2023, according to the latest CRTC report .

IQST - iQSTEL Announces GSMA Membership Enhancing Growth Beyond $250 Million in Annualized Revenue

Retrieved on: 
torsdag, april 18, 2024

iQSTEL recently announced a strategic acquisition bringing the company's forward looking annualized revenue to over $250 million .

Key Points: 
  • iQSTEL recently announced a strategic acquisition bringing the company's forward looking annualized revenue to over $250 million .
  • Management anticipates the GSMA membership to further enhance the company's ongoing growth potential.
  • Joining GSMA ensures that the company stays aligned with these standards, enhancing interoperability and quality of service.
  • Enhanced Credibility and Reputation: Membership in GSMA carries a level of prestige and credibility within the telecommunications industry.

Members Mobile Launches Regulation Crowdfunding Campaign on Netcapital

Retrieved on: 
fredag, mars 22, 2024

Members Mobile is excited to announce the launch of its Regulation Crowdfunding (Reg-CF) campaign on Netcapital.

Key Points: 
  • Members Mobile is excited to announce the launch of its Regulation Crowdfunding (Reg-CF) campaign on Netcapital.
  • As the first Mobile Virtual Network Operator (MVNO) of its kind, Members Mobile offers a comprehensive solution transcending traditional mobile phone service offerings.
  • Members Mobile is poised to capitalize on the mobile phone service industry by targeting 131 million credit union members nationwide.
  • In partnership with Lone Star Credit Union, One Nevada Credit Union, Great Lakes Credit Union, Msufcu, and Skyline Financial Federal Credit Union.

SurgePays Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
tisdag, mars 12, 2024

BARTLETT, Tenn., March 12, 2024 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecom company focused on the underbanked and underserved, today announced its financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • BARTLETT, Tenn., March 12, 2024 (GLOBE NEWSWIRE) -- SurgePays, Inc. (Nasdaq: SURG) (“SurgePays” or the “Company”), a technology and telecom company focused on the underbanked and underserved, today announced its financial results for the fourth quarter and full year ended December 31, 2023.
  • Revenue of $137.1 million for the full year 2023 and $32.3 million for the fourth quarter, changes of 13% and -11% over the prior year periods, respectively.
  • Net income of $20.6 million for the full year 2023 and $3.0 million for the fourth quarter.
  • Chairman and CEO Brian Cox commented on the year’s results, “2023 was an excellent year for SurgePays.