CommScope enters the Wi-Fi 7 retail market with new product launch

Key Signals in Telecommunications

Product Launch
CommScope enters Wi-Fi 7 Retail Market with a new launch
The company launched SURFboard G54 DOCSIS 3.1 quad-band Wi-Fi 7 cable modem. It provides key performance enhancements, including the latest Wi-Fi 7 technology and multi-gigabit plans. Read More>>
ZTE launches R16 5G wireless router MC888 PRO
The product’s Qualcomm Snapdragon SDX62 processor and multi-band 5G/4G high-speed access meet the requirements of families, enterprises, and other users for high-quality wireless network solutions. Read More>>
Merger and Acquisition
Viasat completes sale of Link 16 Tactical Data Links Business to L3Harris
The company completed the sale for approximately USD 1.9 Bn in cash. The net proceeds to Viasat are expected to be about USD 1.8 Bn after estimated taxes, fees, and other expenses. Viasat intends to use the proceeds to reduce net leverage and increase liquidity. Read More>>
Phoenix Contact acquires Ontario-based iS5 communications
The expertise of iS5 Communications Inc enables Phoenix Contact to take a leading position in the market for critical infrastructure networks and to expand the business together. Read More>>
SOCAR Trkiye partners with Turkcell for 5G-Ready Private Wireless Network
The future-proof 5G-ready network will be provided for SOCAR Trkiye to accelerate its digital transformation and implementation of Industry 4.0 use cases. Read More>>
Keysight partners with Qualcomm to boost Rural Broadband
The company has collaborated with Qualcomm to develop an end-to-end 5G non-terrestrial network connection using satellite-to-ground communication facilities. The collaboration will promote affordable broadband connectivity in rural areas. Read More>>
T-Mobile and Delta Air Lines join forces to deliver free In-flight Wi-Fi
Delta SkyMiles Members get free Wi-Fi all flight long on Delta beginning Feb. 1. The expanded partnership with Delta delivers more flights with free Wi-Fi for T-Mobile customers and personalized in-flight experiences to come this spring. Read More>>
Executive Movements
NTT DATA appoints Carlos Toro as the new Senior Manager of Digital Architecture
Carlos will focus on promoting and leading the Digital Twin practice by contributing his expertise to creating value. Before joining NTT DATA, he worked in applied R&D in the Digital Twin, simulation, and IoT areas. Read More>>
Indus Towers appoints Prachur Sah as MD & CEO to succeed Bimal Dayal
This position has been vacant since the departure of Bimal Dayal in July. Prior to his appointment as MD and CEO of Indus Towers, Sah led the Oil & Gas vertical of Vedanta, Cairn. Read More>>
Financial and Market Activity
Viettel profits touch highest in 5 years
The company earned pre-tax profits of USD 1.8 Bn in 2022, the highest growth recorded since 2017, a rise of 3% from 2021. The group’s consolidated revenues climbed by 6.1% to USD 6.9 Bn. Read More>>

Latest Industry Insights from Draup Braindesk

The Following are the Key components of the study of Verizon:
  • Verizon expands its 5G network to provide clients with high-capacity connections and new capabilities to automate corporate operations.
Information Technology Solutions:
  • Verizon is developing a fleet management software platform and an AR smartphone app for students and instructors nationwide to speed up product development and improve customer service.
Media & Entertainment Solutions:
  • Verizon launches the PlayerX platform, which upends fantasy competition by permitting high customization and providing high-quality, low-latency Wi-Fi to fan-centric experiences. 
Business Solutions:
  • Verizon leverages Microsoft Teams, and the Advanced Security Operations Center’s daily threat information feeds via Blue Jeans Gateway to improve hybrid workforce consistency.
Healthcare Solutions:
  • Verizon leverages its 5G Ultra-Wideband and 5G Edge networks and a platform to link healthcare workers in APAC and EMEA to data, collaboration, and resources.
Location and Outsourcing:
  • Greater New York City Area, United States, serves as the critical location for Verizon, with a focus on IT Consulting, Software Testing, DevOps, and Application Development & Maintenance-related engagements. 
  • Product Engineering Services, the highly outsourced segment, holds approximately 78% of the total outsourcing headcount. Cognizant is the critical strategic outsourcing partner for Verizon.

Startup Spotlight

Total Funding – USD 21.69 Mn
About: OQ TECHNOLOGY aims to disrupt the satellite industry with the world’s first universal plug & play ”Internet-of-Things” solution that can provide connectivity anywhere. The company’s wireless technology is compatible with existing technologies as the modules directly connect you to the centralized data cloud. Read More>>

Latest Reports Published in Draup

Vodafone Group Plc Account Intelligence Report
Vodafone focuses on digital services and next-gen connectivity to shape industries with hybrid working, connected devices, cloud technology, and green transformation of the public and private sectors. Read More>>
Keysight Technologies Account Intelligence Report
Keysight Technologies aims to establish chip connection using the 3GPP 5G Release 17 (Rel-17) and the 5G reduced capability (RedCap) specifications to develop mmWave Radio Units for Private 5G Networks. Read More>>
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