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stc group Empowers Saudi Arabia's Key Sectors with Launch of the Business-Critical Network
stc group Empowers Saudi Arabia's Key Sectors with Launch of the Business-Critical Network

Al Bawaba

time08-07-2025

  • Business
  • Al Bawaba

stc group Empowers Saudi Arabia's Key Sectors with Launch of the Business-Critical Network

stc group has unveiled its latest wireless communications network, the Business-Critical Network, designed to revolutionize connectivity for Saudi Arabia's most critical sectors, including government, healthcare, and oil and gas. As one of the first networks of its kind in the kingdom, it delivers high-speed, high-availability, and encrypted communication capabilities, empowering industries to operate with unparalleled efficiency and resilience. The network is engineered with future-readiness at its core, offering seamless adaptability and compatibility with emerging and evolving technologies such as artificial intelligence, edge computing, and the Internet of Things (IoT). Compliant with global Mission Critical and 3GPP standards, the network is built on a dedicated LTE network that spans the entire Kingdom and is engineered to meet the highest benchmarks for security, reliability and agility. It is specifically tailored to address the unique demands of business-critical operations, where high-stakes environments require split-second decision-making and flawless communication. Its scalable architecture paves the way for next-generation innovations, including autonomous operations, real-time situational awareness, and advanced crowd management solutions, empowering industries to stay ahead in an increasingly dynamic and data-driven world. 'The launch of the Business-Critical Network marks a new era of critical communications for Saudi Arabia,' said Riyadh Muawad, Chief Business Officer at stc group. 'This purpose-built network sets a new benchmark for mission-critical communications, empowering key industries with the speed, security, and intelligence needed to operate in high-pressure environments. It reflects our commitment to enabling national sectors with future-ready capabilities and cementing stc group's position as a trusted partner in advancing the Kingdom's digital future.' The Business-Critical Network delivers a robust, all-in-one solution for essential digital communications, offering advanced features such as encrypted push-to-talk, shock-resistant devices, emergency alerts, and secure group messaging. Purpose built for high-demand environments, the network integrates artificial intelligence to enable smarter decision-making, predictive maintenance, and heightened situational awareness across complex operations. 'As the sales arm behind this groundbreaking launch, we are proud to deliver a service that meets the unique communication needs of critical industries,' said Eng. Khaled Al-Dharrab, CEO of specialized by stc. 'The Business Critical Network empowers organizations to strengthen operational control, improve responsiveness, and elevate safety —ensuring seamless performance even in the most demanding and high-pressure environments. The launch of the Business Critical Network responds to the growing need for reliable, resilient communications across Saudi Arabia's vital sectors. With cutting-edge speed and a steadfast emphasis on security, the system is poised to become a cornerstone for industries ranging from critical infrastructure to public safety and emergency response. This milestone reinforces stc group's commitment to driving national connectivity and technological advancement in support of the Saudi Vision 2030.

Apple owes $110 million in wireless tech patent case, US jury says
Apple owes $110 million in wireless tech patent case, US jury says

Reuters

time01-07-2025

  • Business
  • Reuters

Apple owes $110 million in wireless tech patent case, US jury says

July 1 (Reuters) - Apple (AAPL.O), opens new tab must pay a Spanish patent owner more than $110.7 million in damages for infringing a patent related to wireless communications technology, a Delaware federal jury said in a verdict made public on Tuesday. The jury agreed with TOT Power Control, opens new tab that wireless chips in Apple's iPhones, iPads and Apple Watches violated TOT's patent rights in technology used in the 3G wireless standard. An Apple spokesperson said that the company was disappointed with the verdict and plans to appeal. TOT CEO Alvaro Lopez-Medrano said in a statement that the company was "thrilled that its fundamental cellular power saving technology has been validated by a jury in Delaware." Lopez-Medrano, a Spanish engineer, formed TOT to license technology he invented for managing "how power is used to respond to decreases and increases in the ratio of radio signal to interference," according to TOT's 2021 complaint. TOT's lawsuit said that Apple's mobile devices include transceivers that use its patented technology without a license. Apple denied the allegations and argued that the patents were invalid. The jury found that Apple infringed one of the two TOT patents at issue in the case. TOT has filed similar lawsuits against mobile-device makers LG and Samsung in Delaware that are still ongoing. The case is TOT Power Control SL v. Apple Inc, U.S. District Court for the District of Delaware, No. 1:21-cv-01302. For TOT: Denise De Mory, Elizabeth Day, Corey Johanningmeier and Tara Zurawski of Bunsow De Mory For Apple: Jeff Castellano of DLA Piper

Anterix: Fiscal Q4 Earnings Snapshot
Anterix: Fiscal Q4 Earnings Snapshot

Washington Post

time24-06-2025

  • Business
  • Washington Post

Anterix: Fiscal Q4 Earnings Snapshot

WOODLAND PARK, N.J. — WOODLAND PARK, N.J. — Anterix Inc. (ATEX) on Tuesday reported fiscal fourth-quarter net income of $9.2 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Woodland Park, New Jersey-based company said it had profit of 49 cents. Losses, adjusted for non-recurring gains, were 36 cents per share. The wireless communications company posted revenue of $1.4 million in the period. For the year, the company reported that its loss widened to $11.4 million, or 61 cents per share. Revenue was reported as $6 million. Anterix shares have fallen 6% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $28.78, a fall of 4% in the last 12 months. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on ATEX at

SBA Communications Stock: Is SBAC Outperforming the Real Estate Sector?
SBA Communications Stock: Is SBAC Outperforming the Real Estate Sector?

Yahoo

time18-06-2025

  • Business
  • Yahoo

SBA Communications Stock: Is SBAC Outperforming the Real Estate Sector?

With a market cap of $24.7 billion, Boca Raton, Florida-based SBA Communications Corporation (SBAC) is a leading independent owner and operator of wireless communications infrastructure, including towers, buildings, rooftops, distributed antenna systems (DAS), and small cells. Companies worth $10 billion or more are generally described as "large-cap stocks." SBAC falls squarely into this category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the specialty REIT industry. SBAC benefits from owning a portfolio of more than 39,000 communications sites throughout the Americas and in Africa, and being one of the biggest REITs as well. Dear Tesla Stock Fans, Mark Your Calendars for June 22 Trump Is Giving Tesla's Robotaxis a Leg Up Ahead of June 22. Should You Buy TSLA Stock Now? Nvidia Says Quantum Computing Is Nearing an 'Inflection Point.' Here Are the 3 Best Stocks to Buy Now to Profit. Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Shares of SBAC touched their 52-week high of $252.64 on Oct. 16, 2024, and have fallen 9.6% from that peak. They have grown 3.5% over the past three months, outperforming the Real Estate Select Sector SPDR Fund's (XLRE) 1% fall over the same time frame. Shares of the company have surged 19.5% over the past 52 weeks, compared to XLRE's 9% surge over the same time frame. Moreover, SBAC stock is up 12.1% on a YTD basis, outperforming XLRE's 2.7% rise. SBAC shares have been trading above their 200-day moving average since mid-April and below their 50-day moving average since early June. On Apr. 28, SBAC announced its Q1 earnings, and its shares grew marginally following the announcement. The company reported steady performance with revenue rising 1% year-over-year to $664.2 million, slightly beating the Street's estimates. Its AFFO per share was $3.18, down from $3.29 last year, but successfully beating the Street's expectations by 7.1%. Its peer, Weyerhaeuser Company (WY), has declined 8.1% in 2025 and 11.3% over the past year, underperforming the stock. Among the 19 analysts covering the SBAC stock, the consensus rating is a 'Moderate Buy.' Its mean price target of $252.06 suggests a 10.3% upside potential from current price levels. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Verizon, T-Mobile, AT&T are cooling off on the idea of 5G small cells and instead, they're focused on this
Verizon, T-Mobile, AT&T are cooling off on the idea of 5G small cells and instead, they're focused on this

Phone Arena

time23-05-2025

  • Phone Arena

Verizon, T-Mobile, AT&T are cooling off on the idea of 5G small cells and instead, they're focused on this

The times are changing and with it, the needs of wireless communications users are shifting. Small cells are no longer the obsession that once were believed to be, and are now giving way to something cells are low-powered cellular antennas that help bring faster and more reliable 5G service to areas where traditional cell towers can't reach effectively. They're about the size of a backpack and are usually installed on light poles, buildings, or street signs. Unlike large towers that cover miles, small cells handle shorter distances but deliver stronger signals in crowded or hard-to-reach cells are especially important for 5G because the high-frequency signals it uses can't travel far or pass through walls easily. By filling in coverage gaps, small cells help ensure a smoother and faster 5G experience, which we all enjoy. Over ten years ago, AT&T announced plans to deploy up to 40,000 small cells by 2015, but the initiative fell short. Then, interest in small cells resurfaced (around 2018), as AT&T and Verizon prepared to launch 5G networks using millimeter wave (mmWave) spectrum, which requires dense infrastructure due to its limited range. Initially, both carriers pursued smart city partnerships to install small cells on municipal infrastructure, but that strategy lost momentum after the FCC introduced rules to streamline nationwide deployments by limiting local regulatory hurdles. Image by Kabiur Rahman Riyad, Unsplash Some years ago, there was a forecast from S&P Global Market Intelligence projecting that the US would host 800,000 small cells by 2026. Yeah, well, it turns out that in 2025, the number of small cells is actually declining and it's nowhere near the 800,000 projection mark.A new report from the Wireless Infrastructure Association (WIA) points to a shift in priorities among major US wireless carriers. While enthusiasm for small cells has cooled, interest in colocation – where multiple providers share the same cell tower – is gaining momentum. This trend reflects a broader industry move toward more efficient use of existing to the report, the demand for small cells dropped as remote work during the pandemic shifted mobile usage from urban cores to suburban areas. As a result, carriers focused more on upgrading traditional cell towers in the suburbs rather than expanding small cell networks downtown. By the end of 2024, there were 197,850 outdoor small cells in use across the US, a decline from 202,100 the year before. Crown Castle's recent sale of its small cell division for $4.25 billion – significantly less than earlier projections – further illustrates this cooling interest. Despite the slowdown, the WIA believes small cells will regain relevance as 5G networks grow and densify. However, for now, the spotlight is on colocations. Sharing towers has become a key strategy, enabling carriers to save costs and reduce the environmental impact of building new structures. The number of traditional cell towers in the US rose slightly to 154,800 by the end of 2024, and many of them now support equipment from more than one provider.

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