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Stock impact report

Omnispace and MTN Announce a Collaboration to Develop and Deploy Satellite IoT and 5G NTN Services [Yahoo! Finance]

MTN GROUP LTD S/ADR (MTNOY) 
NASDAQ:AMEX Investor Relations: investors.vailresorts.com/investor-relations
Company Research Source: Yahoo! Finance
century, today announced a collaboration with MTN, the largest mobile network operator in Africa . MTN provides voice, data, fintech, digital, enterprise, wholesale and API services to over 290 million customers in 19 countries. This partnership will explore the use of S-band for satellite services to expand MTN's portfolio of wireless service in their markets. This initiative underscores Omnispace and MTN's joint commitment to developing cost-effective global connectivity solutions beyond existing cellular, land-based networks. The companies will explore the integration of MTN's terrestrial mobile networks with the Omnispace non-terrestrial (NTN) network, leveraging 3GPP standards, to serve consumer mobile and enterprise IoT services. Furthermore, the companies will also explore how they may collaborate on the development and growth of an ecosystem of devices and software. "This collaborative effort would offer access to secure, cost-effective, ubiquitous 5G mobile connectivity b Show less Read more
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