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Stock impact report

Communications Systems, Inc., Launches “Software-as-a-Service” Private LTE Offering

Communications Systems, Inc. (JCS) 
Last communications systems, inc. earnings: 7/31 08:00 am Check Earnings Report
Company Research Source: Business Wire
New business model is focused on making higher margin, recurring and highly predictable services an increasing proportion of future revenue MINNEAPOLIS--(BUSINESS WIRE)--Communications Systems, Inc. (NASDAQ: JCS) ("CSI" or the "Company"), an intelligent edge products and services company, today announced the release of a Private LTE as a service offering through a collaboration of its subsidiary Ecessa® with its strategic partner Quortus. Private LTE/5G offers new opportunities for enterprises and governments to build wireless communication solutions for their needs. Spectrum for Private LTE/5G applications is now available in multiple countries, including the 3.5 GHz band (formerly Citizens Broadband Radio Service (CBRS)) in the US. Private LTE offers better coverage, more throughput and improved security compared with traditional wireless solutions. It is currently being deployed on college campuses, and is perfect for corporate campuses, manufacturing plants, hospitals and any o Show less Read more
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