TSXV:PAI.H - Post by User
Post by
HeavyLinkson Mar 29, 2020 10:25am
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Post# 30857294
Trump, 5G & IoT
Trump, 5G & IoT So, as the world is distracted with Covid-19, 5G/IoT has just jumped leaps and bounds, when on Monday March 23rd, 2020, President Donald Trump signed into law: S.893, the "Secure 5G and Beyond ACT of 2020. This requires the President to develope a strategy to:(1) ensure the security of next generation Mobil telecommunications system and infrastructure in the USA; and (2) assist allies and strategic partners in maximizing the security of next generation mobile telecommunications systems and infrastructure. As well as;
S.1822, the "Broadband Development Accuracy and Technological Availability ACT or the Broadband DATA ACT," which requires the Federal Communications Commission to issue rules relating to the collection of data with respect to the availability of broadband services.
Now, although this law does not directly effect ITT.V, it's a massive step for ITT.V indirectly. ITT.V is a company who acquires, or combines with emerging IoT/AI companies. So with this new law, and with the track work ITT.V has placed down, new IoT & AI startups will be taking it mainstream once the 5G / IoT broadband is initiated. I'm hoping we can start seeing some new acquisitions, or even mergers that can help with revenue in the coming years. Great news for IoT in general!!!! Not bad news for ITT.V as well.