Telco

Zumigo Recognized as Gold Winner for Best Mobile Authentication Solution in Juniper Research’s Telco Innovation 2024 Awards

Retrieved on: 
Wednesday, January 24, 2024

Zumigo, Inc., the leader in mobile identity authentication , today announced that Zumigo Assure Authentication has been named the Gold Winner for Best Mobile Authentication Solution in the Future Digital Awards for Telco Innovation 2024.

Key Points: 
  • Zumigo, Inc., the leader in mobile identity authentication , today announced that Zumigo Assure Authentication has been named the Gold Winner for Best Mobile Authentication Solution in the Future Digital Awards for Telco Innovation 2024.
  • Hosted by Juniper Research, the Telco Innovation awards recognize the very best vendors, products, platforms and services across telecommunications sectors, such as mobile roaming, messaging, and network security and anti-fraud.
  • Zumigo Assure Authentication provides day-zero sign-up and sign-in consumer authentication by leveraging deterministic – not historic or predictive – mobile user information provided by the telco partners.
  • “The telco industry continues to tackle the increasing impact of fraud, and solutions such as Zumigo Assure Authentication enable industry stakeholders to fight back against fraudsters, while also improving the consumer experience.”

Jazeera Airways and 1GLOBAL launch Jazeera eSIM service

Retrieved on: 
Monday, January 22, 2024

Kuwait-based low-cost airline Jazeera Airways has partnered with London headquartered Telco 1GLOBAL to become the first airline in the MENA region to launch its own travel eSIM offering.

Key Points: 
  • Kuwait-based low-cost airline Jazeera Airways has partnered with London headquartered Telco 1GLOBAL to become the first airline in the MENA region to launch its own travel eSIM offering.
  • (Source: 1GLOBAL)
    Through the partnership 1GLOBAL will integrate its consumer eSIM technology into Jazeera Airlines' service offering.
  • Andrew Ward, Vice President Marketing & Customer Experience at Jazeera Airways, says: "We are delighted to be able to offer the 1GLOBAL service to our passengers.
  • Yousef Al Qatami, Chief of Staff at 1GLOBAL, emphasises: "We are very proud to have supported the Jazeera Airways team in being the first airline in the MENA region to launch an eSIM offering.

Telco-to-techco Transition in APAC: Simplification, New Cost Structures, and Collaboration Partnerships to Ensure Future Growth Potential

Retrieved on: 
Wednesday, January 17, 2024

DUBLIN, Jan. 17, 2024 /PRNewswire/ -- The "Growth Opportunities in the Telco-to-techco Transition in APAC" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Jan. 17, 2024 /PRNewswire/ -- The "Growth Opportunities in the Telco-to-techco Transition in APAC" report has been added to ResearchAndMarkets.com's offering.
  • By 2027, 82.2% of major mobile operators in APAC will remain telcos with 25% of them likely to exit or become mobile virtual network operations (MVNOs).
  • The telecoms industry continues to face challenges driving growth from all angles: subscriber, revenue, or investment.
  • This study specifically dives into the growth opportunities arising from the telecom-to-technology-company transition, and covers transition details such as mobile operator strategies, challenges, and outcomes.

Telecom Industry Capex Forecast Report 3Q23: Telco Spending Slips - $320B of Telco Capex in 2023, Down Only Slightly from the $328B Recorded in 2022 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 10, 2024

The "Capex Forecast Check, 3Q23: Telco Spending Slips" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Capex Forecast Check, 3Q23: Telco Spending Slips" report has been added to ResearchAndMarkets.com's offering.
  • This comment provides an early review of 3Q23 market growth and spending metrics for the telecommunications operator (telco) market.
  • The latest forecast called for $320B of telco capex in 2023, down only slightly from the $328B recorded in 2022.
  • Early 3Q23 revenue reports from vendors selling into the telco market call this forecast into question.

Kinetica Unveils First SQL-GPT for Telecom, Transforming Natural Language into SQL Fine-Tuned for the Telco Industry

Retrieved on: 
Thursday, December 7, 2023

The Large Language Model (LLM) utilized is native to Kinetica, ensuring robust security measures that address concerns often associated with public LLMs, like OpenAI.

Key Points: 
  • The Large Language Model (LLM) utilized is native to Kinetica, ensuring robust security measures that address concerns often associated with public LLMs, like OpenAI.
  • “Kinetica's SQL-GPT for Telco has undergone rigorous fine-tuning to understand and respond to the unique data sets and industry-specific vernacular used in the telecommunications sector,” said Nima Negahban, Cofounder and CEO, Kinetica.
  • Kinetica was able to map all streets in the entire state of California in under an hour.
  • “Through the unrivaled computational power of NVIDIA GPUs, we are driving transformative advancements in real-time network analytics for the telecommunications industry,” said Chad Meley, Chief Marketing Officer, Kinetica.

Actelis Networks Reports Third Quarter 2023

Retrieved on: 
Tuesday, November 14, 2023

FREMONT, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment Hybrid-Fiber networking solutions for wide area IoT applications, today reported financial results for the fiscal third quarter and nine months ended September 30, 2023.

Key Points: 
  • FREMONT, Calif., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) (“Actelis” or the “Company”), a market leader in cyber-hardened, rapid deployment Hybrid-Fiber networking solutions for wide area IoT applications, today reported financial results for the fiscal third quarter and nine months ended September 30, 2023.
  • Third Quarter and nine months of 2023 Financial Highlights:
    Revenues were $0.85 million for the third quarter of 2023 compared to $1.35 million in the year ago period, as significant new orders expected to close in the third quarter were delayed to the fourth quarter of the year.
  • Operating expenses for the third quarter 2023 were $2.35 million, flat compared to $2.35 million sequentially helped by cost reductions implemented during the second quarter of 2023, offset by investments in sales and marketing.
  • Operating expenses for the third quarter 2023 decreased to $2.35 million compared to $2.54 million in the year ago period, due to cost reductions implemented during the second quarter of 2023.

ADDvantage Technologies Reports Financial Results for the Quarter Ended September 30, 2023

Retrieved on: 
Tuesday, November 14, 2023

CARROLLTON, Texas, Nov. 14, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today reported financial results for the three and nine months ended September 30, 2023, the third quarter of 2023.

Key Points: 
  • CARROLLTON, Texas, Nov. 14, 2023 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today reported financial results for the three and nine months ended September 30, 2023, the third quarter of 2023.
  • This expansion shows significant promise, representing a more durable revenue stream that is more resistant to economic pressures.
  • Cash and cash equivalents were $1.6 million as of September 30, 2023, compared to $2.6 million at December 31, 2022.
  • See further discussion in Note 2 to the Company’s financial statements included in the Company’s Quarterly Report on Form 10-Q for the three and nine months ended September 30, 2023.

Nanophase Reports Third Quarter Results, New Financing Package 

Retrieved on: 
Monday, November 13, 2023

ROMEOVILLE, Ill., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Nanophase Technologies Corporation (OTCQB: NANX), a leader in minerals-based and scientifically-driven health care solutions across beauty and life science categories — with innovations that protect skin from environmental aggressors and aid in medical diagnostics — today announced financial results for the third quarter ended September 30, 2023.  

Key Points: 
  • We were plagued by supply chain issues this past quarter, which set us back in terms of our ability to get Solésence product shipped.
  • Given our reliance on working capital financing, this had a cascading effect causing us to focus more on cash management than manufacturing improvement.
  • Kevin Cureton, Chief Operating Officer, commented: “During Q3 we continued to make planned improvements to our production capabilities.
  • This award recognizes companies that provide services related to the production, formulation, and filling of beauty and wellness products.

Comviva revealed as Market Leader for digital wallet platforms by Juniper Research

Retrieved on: 
Thursday, November 30, 2023

NEW DELHI, Nov. 30, 2023 /PRNewswire/ -- Comviva , the global leader in customer experience and data monetization solutions, announced today that its mobiquity® Pay solution has been positioned as market leader in the latest Juniper Research Competitor Leaderboard for Digital Wallets .

Key Points: 
  • NEW DELHI, Nov. 30, 2023 /PRNewswire/ -- Comviva , the global leader in customer experience and data monetization solutions, announced today that its mobiquity® Pay solution has been positioned as market leader in the latest Juniper Research Competitor Leaderboard for Digital Wallets .
  • Comviva has been ranked highest in terms of Capacity & Capability and among the top three established leaders across the globe.
  • The report assessed 15 digital wallet platform providers based on a range of criteria, encompassing product excellence, market positioning, capacity, and capabilities.
  • Nick Maynard, VP of Fintech Market Research at Juniper Research, said, "Comviva has been positioned as an established leader as it has both the breadth of capability to offer a comprehensive digital wallet platform, and the quality of solution to achieve customer objectives.

Comviva revealed as Market Leader for digital wallet platforms by Juniper Research

Retrieved on: 
Thursday, November 30, 2023

NEW DELHI, Nov. 30, 2023 /PRNewswire/ -- Comviva , the global leader in customer experience and data monetization solutions, announced today that its mobiquity® Pay solution has been positioned as market leader in the latest Juniper Research Competitor Leaderboard for Digital Wallets .

Key Points: 
  • NEW DELHI, Nov. 30, 2023 /PRNewswire/ -- Comviva , the global leader in customer experience and data monetization solutions, announced today that its mobiquity® Pay solution has been positioned as market leader in the latest Juniper Research Competitor Leaderboard for Digital Wallets .
  • Comviva has been ranked highest in terms of Capacity & Capability and among the top three established leaders across the globe.
  • The report assessed 15 digital wallet platform providers based on a range of criteria, encompassing product excellence, market positioning, capacity, and capabilities.
  • Nick Maynard, VP of Fintech Market Research at Juniper Research, said, "Comviva has been positioned as an established leader as it has both the breadth of capability to offer a comprehensive digital wallet platform, and the quality of solution to achieve customer objectives.