NEW YORK, January 15, 2019 /PRNewswire/ --
Telecommunication services have expanded dramatically due to the growing demand among consumers as many businesses require
telecommunication services in order to help their business expand. Now, telecom operators are tasked with providing optimal
services for their customers. However, due to the competitive nature of the market, there is an increasing pressure being put on
telecom service providers. According to data compiled by Transparency Market Research, the global telecommunication services
market was valued at USD 800 Million and is expected to reach USD 1.4
Billion by 2025. Additionally, the market is projected to grow at a CAGR of 6.6% throughout the forecast period from 2016
to 2025. The market is also expected to continue its acceleration due to new service launches, as well as continuous mergers and
acquisition, which could further intensify the competition in the industry. Simlatus Corporation (OTC: SIML), Verizon
Communications Inc. (NYSE: VZ), T-Mobile US, Inc. (NASDAQ: TMUS), Comcast Corporation (NASDAQ: CMCSA), AT&T Inc. (NYSE:
T)
The telecommunication market is split primarily into two segments: commercial and residential. Of the two, the residential
segment controls up to 61.8% of the telecommunications market. However, the commercial segment could grow at a much faster CAGR
as opposed to the residential segment. Factors such as rising population, increasing penetration of the internet and rising
adoption of mobile devices are causing the two segments to grow rapidly. Many telecom firms are capitalizing on the growing
market by integrating emerging technologies such as artificial intelligence and Internet of Things into their services. "Telecoms
will have to adopt new business models based around data," said Dan Bieler, Principal Analyst for
Forrester Research. "The data they will have access to is enormous as more devices become connected. Telecoms are in a very good
position to leverage this data for the benefit of their customers."
Simlatus Corporation (OTC: SIML) is a supplier of DIRECTV™ and High Speed Internet to high rise buildings including:
Businesses, Apartments, Condominiums, and Residential Communities in the metropolitan San Francisco Bay
Area, and a manufacturer of proprietary commercial audio/video products to networks with Major Broadcast Studios. Earlier
today, the Company announced that, "Satel Group is accelerating its ongoing expansion into additional high rise residential
buildings in San Francisco.
Richard Hylen, the CEO, stated, "Since our merger, the company has allocated resources for
expanding its revenue base. We have recently contracted two more high-rise residential complexes and are finalizing the
negotiations with a third complex. Accumulatively, these buildings represent approximately 500 residential units which will
generate another $50,000 per year. Our growth potential for 2019 is to take our existing average
revenue of $1M per year and increase it to $2M per year. Our plans
for 2019-2021 are to expand our services into the Silicon Valley and Sacramento, with additional
services which allow a potential revenue target of $12M per year by the end of 2023."
Satel Group currently provides DIRECTV™ services to 170 Residential Buildings and 48 Commercial Buildings in the
San Francisco Bay Area consisting of over 19,000 residential units in one of the most vibrant
economic regions of the world where Satel Group is also becoming a fast growing service provider of High Speed Internet services.
The company plans to add additional over-the-top (OTT) services for its existing customer base, as well as new potential
customers and to manufacture proprietary equipment to enhance services. This equipment will also be sold to competitors to be
used for their customers."
Verizon Communications Inc. (NYSE: VZ) delivers the promise of the digital world by enhancing the ability of humans,
businesses and society to do more new and do more good. Recently, Verizon - in partnership with Motorola (NYSE: MSI), Samsung
Electronics America, Inc. and Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated (NASDAQ: QCOM) - completed the
world's first 5G data transmission on a smartphone on a commercial 3GPP 5G New Radio (NR) network. This successful test was
completed with a moto z3 paired with a 5G moto modtm, the world's first 5G-upgradeable smartphone, in Providence, RI. This is the same 5G-upgradeable smartphone device consumers will use on Verizon's 5G mobile
network when commercial service begins in 2019. This is the latest in a series of 5G milestones Verizon and its technology
partners have achieved in recent months. The companies performed several tests over the 5G connection, including browsing the
internet and placing a video call. The transmissions were completed over Verizon's 28 GHz spectrum and Samsung 5G New Radio (NR)
solutions. The moto z3 with 5G moto mod is powered by the Qualcomm® Snapdragon™ X50 5G modem, along with the groundbreaking
QTM052 mmWave antenna modules. "In the past two years, we have consistently led the world in 5G, including launching the world's
first commercial 5G service last month. This successful test, using an actual smartphone, widens our lead," said Bill Stone, Vice President, Technology Development and Planning for Verizon. "We will be the first to offer a
5G upgradeable smartphone on our network in 2019."
T-Mobile US, Inc. (NASDAQ: TMUS), as America's Un-carrier, is redefining the way consumers and businesses buy wireless
services through leading product and service innovation. In yet another first, T-Mobile recently launched its Narrowband Internet
of Things (NB-IoT) service nationwide. T-Mobile is the first to launch NB-IoT in the U.S. and first in the world to launch NB-IoT
in the guard bands for optimal efficiency. The Un-carrier also announced its new partner program, T-Mobile CONNECT, to help IoT
solution providers collaborate and bring their products and services to market on T-Mobile's network -- and into the hands of
customers -- more quickly. Built on the 3GPP standard, NB-IoT is a low power, wide area network (LPWAN) LTE-Advanced technology
that provides a pathway to 5G IoT and offers many comparable benefits like low power usage, long battery life and low device
cost. T-Mobile was also first to trial NB-IoT in the U.S. last year. "We're always innovating to bring customers the latest
technology, and NB-IoT is the globally-preferred standard to power the rapidly expanding world of IoT applications," said
Neville Ray, Chief Technology Officer at T-Mobile. "So of course, T-Mobile is the first to bring
NB-IoT to the U.S., lighting up new capabilities to connect massive numbers of devices at low cost."
Comcast Corporation (NASDAQ: CMCSA) creates incredible technology and entertainment that connects millions of people to
the moments and experiences that matter most. Comcast recently announced the national launch of Xfinity xFi Advanced Security, a
new artificial-intelligence-powered service that monitors, blocks and informs customers of online threats to connected devices,
and provides seamless digital protection for those devices when connected to their home network. xFi Advanced Security was
developed to protect devices in this new hyper-connected reality. It uses AI and machine learning technology to monitor and
analyze WiFi traffic in the home, and will automatically block identified suspicious activity in real time. Using a simple,
intuitive user interface, the technology informs customers of blocked threats, and when necessary, provides instructions on how
to further secure affected devices. "As the digital world gets more complex, we wanted to make it simple and easy for our
customers to protect their home networks. That's why we developed xFi Advanced Security," said Fraser
Stirling, Senior Vice President of Digital Home, Devices and AI, Comcast Cable. "We want to give customers digital peace
of mind for the devices they already own and the confidence to expand and evolve their connected homes knowing that every new
camera, voice-assisted speaker or smart thermostat they add will be protected."
AT&T Inc. (NYSE: T) recently launched ultra-fast internet in parts of 12 new metro areas. The Company's 100% fiber
network powered by AT&T Fiber? is now in parts of these new metros such as Amarillo, Texas;
Beaumont, Texas; Bowling Green, Ky.; Florence, S.C.; Gainesville, Fla. An ultra-fast internet connection powered
by AT&T Fiber lets users quickly access and stream the latest online movies, music and games. Customers can easily
telecommute, video-conference, upload and download photos and videos, and connect faster to the cloud. AT&T has millions of
miles of fiber and this expansion furthers the Company's lead as the largest provider of fiber across the 21 states where it
offers home internet service. The success of mobile 5G relies on a quality fiber connection to the wireless towers or small
cells, which then translate the fiber connection into an ultra-fast wireless signal for customers. By putting fiber at the core
of AT&T's wired and wireless networks, it has been laying the foundation for its 5G wireless connectivity.
Subscribe Now! Watch us report LIVE https://www.youtube.com/FinancialBuzzMedia
Follow us on Twitter for real time Financial News Updates: https://twitter.com/financialbuzz
Follow and talk to us on Instagram: https://www.instagram.com/financialbuzz
Facebook Like Us to receive live feeds: https://www.facebook.com/Financialbuzz/
About FinancialBuzz.com
FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News,
Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company
Interviews. A pioneer in the financially driven digital space, video production and integration of social media,
FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR dissemination,
branding, marketing and advertising for third parties for corporate news and original content through our unique media platform
that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial
Publications.
Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not
undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the 'Site') is either original financial news or paid advertisements provided
[exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into
media buys or service agreements with the companies which are the subject to the articles posted on the Site or other editorials
for advertising such companies. We are not an independent news media provider and therefore do not represent or warrant that the
information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting
high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com
does not offer any personal opinions, recommendations or bias commentary as we purely incorporate public market information along
with financial and corporate news. FinancialBuzz.com only aggregates or regurgitates financial or corporate news through our
unique financial newswire and media platform. Simlatus Corporation, financial and corporate news dissemination, FinancialBuzz.com
has been compensated four thousand dollars by meridian ventures. Our fees may be either a flat cash
sum or negotiated number of securities of the companies featured on this editorial or site, or a combination thereof. The
securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the
conclusion of the engagement. FinancialBuzz.com will always disclose any compensation in securities or cash payments for
financial news PR advertising. FinancialBuzz.com does not undertake to update any of the information on the editorial or Site or
continue to post information about any companies the information contained herein is not intended to be used as the basis for
investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is
not an offer or solicitation to buy, hold or sell any security. FinancialBuzz.com, members and affiliates are not responsible for
any gains or losses that result from the opinions expressed on this editorial or Site, company profiles, quotations or in other
materials or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of
their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance,
and financial condition. FinancialBuzz.com. By accessing this editorial and website and any pages thereof, you agree to be bound
by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com
constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment
strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is
solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives,
other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and
legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless
of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be
reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure and Terms of Use, please
visit: http://www.financialbuzz.com.
Media Contact:
info@financialbuzz.com
+1-877-601-1879
Url: http://www.FinancialBuzz.com
SOURCE FinancialBuzz.com