Today’s telecom news include spectrum shortage in the United States, GoNetspeed, Connectivity Wireless, Purple, and WISeSat.
Telecom Industry Could Lose $1.4 Trillion Due to Spectrum Shortage
A report by Accenture, for CTIA, says the U.S. could lose $1.4 trillion in economic growth over the next 10 years because there isn’t enough spectrum. Without enough spectrum, wireless networks won’t keep up with rising demand for mobile data. By 2027, a quarter of data traffic will be unmet, and by 2035, it could be three-quarters. This shortage could also slow progress in technologies like artificial intelligence. The U.S. has less mid-band spectrum than other countries, which could hurt 5G development. To avoid problems like slower speeds and dropped calls, the U.S. needs more 5G spectrum. Experts say investing in it is necessary to keep up with demand and stay ahead in technology.
GoNetspeed Expands Fiber-Optic Internet
GoNetspeed is expanding its fiber-optic internet network in the Northeast. Chris Brooks, Senior Director of Operations at GoNetspeed, spoke at the Philadelphia Regional Fiber Connect about how fiber internet helps communities grow. He highlighted that when people have a choice of fiber internet providers, it helps businesses and residents. GoNetspeed’s fiber internet offers speeds from 500 Mbps to 2 Gbps and is available in several states. The company is committed to providing internet without taxpayer funding.
Connectivity Wireless Secures $200mn for Growth
Connectivity Wireless has secured $200 million to expand its in-building wireless solutions. The company received $110 million in a senior debt facility and $60 million in investment to support its growth. These funds will help the company improve wireless services in industries like sports, entertainment, healthcare, and real estate. Connectivity Wireless aims to expand its venue networks and meet the demand for better wireless connectivity.
Purple Launches New Wi-Fi and Mapping Solutions for Businesses
Purple has launched Purple Packs, a new set of Wi-Fi and mapping solutions for businesses. The packs include options like secure guest Wi-Fi, tools to gather customer data, and features to increase sales. Purple also introduced the “Explore” Maps Pack to enhance guest experiences. The new packs are designed to help businesses provide easy and affordable digital solutions to meet customer needs.
WISeSat to Launch New Satellite in June 2025
WISeKey will launch its second-generation satellite in June 2025, following the launch of its first satellite in January 2025. WISeSat.Space, a part of WISeKey, is building a network of satellites to provide secure communication for IoT, 5G, and cybersecurity. These satellites will help improve global IoT connectivity and climate monitoring.
Nokia DAC Marketplace
Nokia has announced the DAC Marketplace, where customers and partners can find ready-to-deploy industrial enterprise solutions, including Nokia and third-party devices, applications, and services. Nokia also announced that solutions from seven new merchants, including Accton Technology Corporation, Aprecomm, EPS Global, Etra Telecom, Exloc, InfiniG, and RugGear, are available in the marketplace.
Nokia expands industrial application ecosystem
Nokia has announced the expansion of its industrial application ecosystem with the launch of six new Industry 4.0 applications deployed on MX Industrial Edge (MXIE). The expansion enhances industry automation, efficiency, safety, security, and sustainability by integrating applications from leading technology partners, including Bosch Rexroth, Ipsotek, Nozomi Networks, Prosys OPC, SmartCone, and SwitchON.
TelecomLead.com News Desk
