Saudi Telecom Company

AST SpaceMobile ASIC Chip Enters Tape-Out Phase in Collaboration with TSMC

Retrieved on: 
Wednesday, March 27, 2024

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones designed for both commercial and government use, proudly announces the commencement of the tape-out phase for its Application-Specific Integrated Circuit (ASIC), in collaboration with TSMC, the world's leading foundry.

Key Points: 
  • AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones designed for both commercial and government use, proudly announces the commencement of the tape-out phase for its Application-Specific Integrated Circuit (ASIC), in collaboration with TSMC, the world's leading foundry.
  • "The commencement of the tape-out process for our ASIC, in collaboration with TSMC and other leaders in the semiconductor industry, is a testament to the unwavering commitment of our talented team," said Abel Avellan, Chairman and CEO of AST SpaceMobile.
  • AST SpaceMobile has more than 3,100 patent and patent-pending claims for its technology and operates state-of-the-art, vertically integrated manufacturing and testing facilities in Midland, Texas, which collectively span 185,000 square feet.
  • Rakuten, American Tower and Bell Canada are also existing investors in AST SpaceMobile.

AST SpaceMobile Updates Licensing Administration of its Satellite Constellation

Retrieved on: 
Tuesday, March 12, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240312576138/en/
    "Our planned satellite network will provide services globally, but this initiative represents a closer strategic alignment of our network buildout and future network operations with the United States," said Scott Wisniewski, Chief Strategy Officer of AST SpaceMobile.
  • “AST SpaceMobile is a U.S. based company, traded publicly on the NASDAQ, and has its primary satellite development and manufacturing capabilities in the United States.
  • AST SpaceMobile recently secured strategic investment from AT&T, Google and Vodafone, as well as a new contract award with the United States Government through a prime contractor.
  • Rakuten, American Tower and Bell Canada are also existing investors in AST SpaceMobile.

Saudi Arabia Data Center Market Investment Analysis Report 2024-2029: Growth Opportunities in IT, Electrical, Mechanical Infrastructure, General Construction, and Tier Standards

Retrieved on: 
Wednesday, March 13, 2024

DUBLIN, March 13, 2024 /PRNewswire/ -- The "Saudi Arabia Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, March 13, 2024 /PRNewswire/ -- The "Saudi Arabia Data Center Market - Investment Analysis & Growth Opportunities 2024-2029" report has been added to ResearchAndMarkets.com's offering.
  • The Saudi Arabia data center market is expected to reach a value of $2.08 billion by 2028 from $1.31 billion in 2022, growing at a CAGR of 7.98% from 2022-2028
    This report analyses the Saudi Arabia data center market share.
  • Riyadh is the primary location for investment in the Saudi Arabia data center market, followed by Jeddah, Dammam, and other cities.
  • Which all cities are included in Saudi Arabia data center market report?

QUICKPLAY PARTNERS WITH SAUDI TELECOM COMPANY TO LAUNCH "BITS"

Retrieved on: 
Tuesday, March 12, 2024

A new era of short-form, AI-powered video content designed to redefine the Saudi market

Key Points: 
  • A new era of short-form, AI-powered video content designed to redefine the Saudi market
    TORONTO, March 12, 2024 /PRNewswire/ - Quickplay, a global leading OTT video platform for true personalization and user engagement, announced today its partnership with Saudi Telecom Company (STC) to launch "Bits," a short-form video content platform tailored to the rapidly-developing Saudi market.
  • Designed to address Saudi Arabia's widespread use of short-form video apps like TikTok, the Bits platform will cater to a tech-savvy audience eager for fresh and engaging content.
  • "The launch of Bits is a transformative moment for digital content delivery in the Middle East," said Wim Ponnet , President, EMEA of Quickplay.
  • "The collaboration between Quickplay and Saudi Telecom Company represents a new chapter in digital content delivery in the Middle East," said Bader Almadi, General Manager, Saudi Arabia, Google Cloud.

QUICKPLAY PARTNERS WITH SAUDI TELECOM COMPANY TO LAUNCH "BITS"

Retrieved on: 
Tuesday, March 12, 2024

TORONTO, March 12, 2024 /PRNewswire/ -- Quickplay, a global leading OTT video platform for true personalization and user engagement, announced today its partnership with Saudi Telecom Company (STC) to launch "Bits," a short-form video content platform tailored to the rapidly-developing Saudi market. The agreement marks Quickplay's expansion into EMEA, continuing the company's growth across the global digital streaming landscape and building on Quickplay's existing collaboration with Google Cloud.

Key Points: 
  • A new era of short-form, AI-powered video content designed to redefine the Saudi market
    TORONTO, March 12, 2024 /PRNewswire/ -- Quickplay, a global leading OTT video platform for true personalization and user engagement, announced today its partnership with Saudi Telecom Company (STC) to launch "Bits," a short-form video content platform tailored to the rapidly-developing Saudi market.
  • Designed to address Saudi Arabia's widespread use of short-form video apps like TikTok, the Bits platform will cater to a tech-savvy audience eager for fresh and engaging content.
  • "The launch of Bits is a transformative moment for digital content delivery in the Middle East," said Wim Ponnet , President, EMEA of Quickplay.
  • "The collaboration between Quickplay and Saudi Telecom Company represents a new chapter in digital content delivery in the Middle East," said Bader Almadi, General Manager, Saudi Arabia, Google Cloud.

UiPath Announces Investments in Saudi Arabia, Including First Saudi School of Automation and New Office Location in Riyadh

Retrieved on: 
Monday, March 4, 2024

At its exhibition booth, UiPath will demonstrate its AI-powered automation solutions, including Document Understanding , available in English and Arabic; the award-winning Clipboard AI ; and UiPath Autopilot™ .

Key Points: 
  • At its exhibition booth, UiPath will demonstrate its AI-powered automation solutions, including Document Understanding , available in English and Arabic; the award-winning Clipboard AI ; and UiPath Autopilot™ .
  • Many Saudi government organizations, including the Saudi Ministry of Communications and Information Technology, Saudi Ministry of Tourism, Saudi Telecom Company, Saudi Electricity Company, and Riyadh Air, are using UiPath to accelerate business outcomes with AI and automation.
  • The office location in King Abdullah Financial District in Riyadh is part of a strategic investment in Saudi Arabia, which also includes investments in technology and personnel.
  • As part of its investment, UiPath is committing that 90% of hires at the office will be Saudi Arabian nationals.

AST SpaceMobile's Abel Avellan Appointed Commissioner to the ITU/UNESCO Broadband Commission

Retrieved on: 
Wednesday, February 21, 2024

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced the appointment of its Founder, Chairman, and CEO, Abel Avellan, as a Commissioner to the ITU/UNESCO Broadband Commission for Sustainable Development.

Key Points: 
  • AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced the appointment of its Founder, Chairman, and CEO, Abel Avellan, as a Commissioner to the ITU/UNESCO Broadband Commission for Sustainable Development.
  • Under Avellan’s leadership, AST SpaceMobile has been at the forefront of technological innovation in developing the groundbreaking space-based cellular broadband network that is intended to offer direct broadband access to everyday smartphones.
  • “Being appointed to the ITU/UNESCO Broadband Commission is a privilege and an honor.
  • The ITU/UNESCO Broadband Commission for Sustainable Development's mission for 2030 is centered on leveraging broadband technology to catalyze global progress towards the Sustainable Development Goals.

AST SpaceMobile Secures Strategic Investment From AT&T, Google and Vodafone

Retrieved on: 
Thursday, January 18, 2024

AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced strategic investment from AT&T, Google and Vodafone and aggregate new financing of up to $206.5 million in gross proceeds.

Key Points: 
  • AST SpaceMobile, Inc. (“AST SpaceMobile”) (NASDAQ: ASTS), the company building the first and only space-based cellular broadband network accessible directly by everyday smartphones, today announced strategic investment from AT&T, Google and Vodafone and aggregate new financing of up to $206.5 million in gross proceeds.
  • AST SpaceMobile currently operates the largest-ever commercial communications array in low Earth orbit, the BlueWalker 3 satellite.
  • Abel Avellan, Chairman and CEO of AST SpaceMobile, said, “Our vision at AST SpaceMobile has always been to chart a course of collaborative innovation and integration with the world's leading wireless companies, which is why we are so thrilled to be welcoming this new strategic investment from AT&T, Google and Vodafone.
  • In addition to the strategic investment, the new investors expanded their strategic and commercial ties to support the buildout of the SpaceMobile network, including:
    Vodafone and AT&T have placed purchase orders for network equipment from AST SpaceMobile to support planned commercial service, for an undisclosed amount
    Google and AST SpaceMobile agreed to collaborate on product development, testing and implementation plans for SpaceMobile network connectivity on Android and related devices
    UBS Investment Bank, Barclays and Quilty Space acted as financial advisers to AST SpaceMobile on the strategic investment, with Sullivan & Cromwell LLP serving as legal counsel.

5G Services Market Global Forecast to 2028 - 5G Services Market to Soar at a CAGR of 52.4% with Industry 4.0, Smart Healthcare Driving Growth

Retrieved on: 
Friday, December 15, 2023

The 5G Services market is estimated at USD 121.8 billion in 2023 to USD 1002.3 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 52.4%.

Key Points: 
  • The 5G Services market is estimated at USD 121.8 billion in 2023 to USD 1002.3 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 52.4%.
  • The healthcare & life sciences segment is expected to register the fastest growth rate during the forecast period.
  • Market Development: Comprehensive information about lucrative markets - the report analyses the 5G Services market across various regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the 5G Services market.

iMocha, alongside other partners, wins the 'Best Catalyst - Culture and Talent' Award at TM Forum's Digital Transformation World (DTW) 2023

Retrieved on: 
Tuesday, September 26, 2023

The DTMM addresses challenges spanning people, and culture with the goal of facilitating the transition from a Telco to a TechCo.

Key Points: 
  • The DTMM addresses challenges spanning people, and culture with the goal of facilitating the transition from a Telco to a TechCo.
  • The transition from Telco to TechCo, empowers them to expand beyond the traditional connectivity services, to offer new services with diversified digital business models.
  • Amit D Mishra, Founder and CEO, iMocha, remarked, "All of us at iMocha are delighted about the catalyst award win.
  • TM Forum's Digital Talent Maturity Model focuses on evaluating an organization's maturity across People and Culture, using three essential pillars: Organization, People, and Culture.