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Telecom Companies Stepping Up Big With Expanding Wireless Connectivity


News provided by

FinancialNewsMedia.com

Oct 25, 2018, 08:45 ET

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PALM BEACH, Florida, October 25, 2018 /PRNewswire/ --

Financialnewsmedia.com News Commentary 

The already hyper-competitive wireless telecom industry is experiencing new levels of competition as a new era of connectivity ushers itself into existence. Telecommunications is one of the few industries to have seen rapid technological improvement even during the recession as the sector continues to be a critical force for growth, innovation, and disruption across multiple industries. Top Telecom players in the industry continue to invest in the expansion of their operations in order to capitalize on this increasingly apparent opportunity for bolstered revenue streams. Already valued north of $270 billion in 2017 according to IBIS World, the recurring theme for the wireless telecom space is that of growth behind technological innovation. With networks advancing and the increasing interconnectivity of devices, the wireless telecom industry is prepared to continue serving as the backbone for overarching technology world. Active tech companies in the markets this week include Surge Holdings, Inc. (OTC: SURG), Viasat Inc. (NASDAQ: VSAT), QUALCOMM Incorporated (NASDAQ: QCOM), Juniper Networks Inc. (NYSE: JNPR), Verizon Communications Inc. (NYSE: VZ).

Surge Holdings, Inc. (OTCQB: SURG) BREAKING NEWS: SURG, the Las Vegas-based Telecom and Fintech software company, announced its latest market expansion to the over 20 million active U.S. military, veterans, and immediate family members.

Those eligible for SurgePhone's Heroes Promotion incentives can request a complimentary Android smartphone, along with steeply discounted unlimited talk, text, and LTE data for only $25 a month.

"We will be rolling out more Heroes incentives, savings and loyalty rewards on other Surge products in the near future," said Brian Cox, Surge Holdings CEO, "with the major sacrifices that servicemen and women, and especially their families, make, this is how we can do our part to say thanks for their commitment."

The Surge Heroes Program is solely funded and supported by Surge Holdings Inc with no federal financial support or subsidy. Cox added, "We have built Surge to scale quickly while being agile enough to create value-driven offers and programs like the Heroes Promotion." Read this and more news for SURG at: http://www.financialnewsmedia.com/news-surg/

Other recent developments in the tech industry include:

Viasat Inc. (NASDAQ: VSAT) a global communications company, this month announced it has made new security capabilities available for U.S. and international Five Eyes (FVEY) naval forces. Viasat introduced its integrated Mobile Dynamic Defense (MDD) cybersecurity software for use at sea to securely capture and distribute sensitive data to onshore counterparts, and defend against rapidly evolving cyber threats during a maritime mission. MDD is highly valuable for maritime platforms because of its ability to provide the necessary policy enforcement and in-mission configuration flexibility without a connection to a remote management system by using the information assurance "Defense in Depth" model, which weaves together multiple layers of security controls and countermeasures.

QUALCOMM Incorporated (NASDAQ: QCOM) recently announced the industry's first qualified end-to-end Bluetooth Smart Headset reference design featuring push-button activation support for Alexa for users of Android phones with the Alexa app. Based on Qualcomm Technologies International's most advanced family of Bluetooth audio chips (QCC5100-series), the reference design includes virtually all the key hardware and software required for manufacturers to help them develop advanced Bluetooth headsets more efficiently and cost-effectively. In addition to support for Alexa, the solution also supports ultra-low power consumption for extended playback time and battery life, as well as Qualcomm® cVc™ noise reduction technology designed for superior audio and voice service capabilities. Manufacturers can also add support for active noise cancellation and Qualcomm® aptX™ HD high-resolution wireless audio.

Juniper Networks Inc. (NYSE: JNPR) and Nutanix (NASDAQ: NTNX) recently announced new initiatives under their existing partnership designed to simplify enterprises' journey to multicloud architectures, making network and security act as seamless partners with compute and storage. As enterprises transition to multicloud environments, they need simplified and automated network management, as well as integrated and agile security. To enable this, Juniper Networks and Nutanix are deepening their collaboration in an effort to provide seamless integration between virtual and physical networks that is vital to a multicloud future. The goal is for Juniper's Contrail Enterprise Multicloud to integrate with Nutanix APIs to provide enhanced network visibility for virtualized workloads, ultimately facilitating automated fabric management. Additionally, Juniper's Unified Cybersecurity Platform together with Nutanix's software-defined networking offering, Flow, and AHV hypervisor, intends to secure applications with microsegmentation in enterprise cloud, as well as provide a hardened security posture that prevents lateral propagation of threats. Enterprises will be able to deploy the vSRX integrated virtual firewall in their Nutanix environment, extending the same capability across multicloud architectures with a single point of control using vSRX on-premises and in AWS, Microsoft Azure and Google Cloud Platform.

Verizon Communications Inc.'s (NYSE:VZ) network is operational across the Panhandle, and efforts are underway to further stabilize and strengthen our wireless network in Panama City, throughout Bay and Gulf Counties, and across the Panhandle. Verizon's technology leader Kyle Malady said, "As the community rebuilds, Verizon will be your strong partner. That's why we're committing $25 million to build the most technologically advanced wireless network in the area. We will include 5G technology as part of that infrastructure." Panama City becomes one of five announced Verizon 5G cities, joining Los Angeles, Houston, Indianapolis and Sacramento. Malady said Verizon's $25 million network technology upgrade would be largely spent in 2019. "Verizon has been a long term partner in this community and this investment is just another example of that commitment. We look forward to working with the area's public officials, businesses and economic development organizations, educational institutions, first responders and the companies and customers who will benefit."


DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated twenty six hundred dollars for news coverage of the current press releases issued by Surge Holdings, Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Media Contact:
[email protected]
+1(561)325-8757

SOURCE FinancialNewsMedia.com

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