Technology

Kajeet Unveils Private 5G Neutral Host Network Platform

Published

12 months ago

November 28, 2023

Award-winning solution raises the bar on in-building cellular coverage using private 5G

MCLEAN, Va., Nov. 28, 2023 /PRNewswire/ — Kajeet®, an industry leader in wireless connectivity solutions, today announced its groundbreaking Smart Private 5G Neutral Host Network Platform set to transform the landscape of in-building cellular coverage. This innovative solution is designed to bridge cellular coverage and capacity gaps, delivering exceptional connectivity for property owners, mobile network operators (MNOs), and mobile users.

“The Kajeet Smart Private 5G Neutral Host Network platform is a game-changer.”

Kajeet’s Smart Private 5G Neutral Host Solution offers unmatched service quality, reliability, and customer satisfaction. This revolutionary technology is set to eliminate indoor and outdoor dead spots, providing impeccable in-building cellular service across various settings, including college campuses, office buildings, retail areas, event venues, and hospitals.

Derrick Frost, SVP of operations and general manager of Private Wireless at Kajeet emphasized the significance of this innovative platform, stating, “The Kajeet Smart Private 5G Neutral Host Network Platform is a game-changer. It empowers businesses and organizations to offer seamless connectivity, ensuring a competitive edge in today’s digital landscape.”

Kajeet’s Neutral Host Network offers an elevated connectivity experience by transforming buildings into hubs of uninterrupted communication. The solution’s key strength lies in its ability to provide customized private networks tailored to meet unique requirements. Customers can deploy their private 5G network within their premises, ensuring a seamless and personalized connectivity experience. Leveraging the Citizens Broadband Radio Service (CBRS) spectrum, Kajeet ensures unparalleled coverage and capacity, optimizing performance for multiple users connecting concurrently without compromising quality. This dynamic spectrum utilization is a cornerstone for the solution’s enhanced operational efficiency, facilitating the seamless integration of devices and systems, from IoT applications to smart building technologies.

The platform further distinguishes itself with its seamless integration capabilities, effortlessly blending with existing infrastructure. This ensures a hassle-free deployment process that is tailored to each customer’s unique needs. Kajeet’s solution is designed to be future proof, accommodating upcoming technologies and standards, safeguarding the customer’s investment for years to come. Despite its advanced capabilities, the solution remains cost-effective, providing expanded coverage without the financial burden associated with traditional Distributed Antenna Systems (DAS) and Neutral Host solutions. In essence, Kajeet’s Neutral Host Network not only enhances connectivity but also prioritizes efficiency, adaptability, and cost-effectiveness in meeting the diverse needs of its users.

The Kajeet Smart Private 5G Neutral Host Network Platform comprises four key components:

SIM & Subscriber Management: An end-to-end solution for SIM and subscriber management, including activation, provisioning, and management of subscribers and devices on the network.4G and 5G Core Network: The underlying technology infrastructure for the private network, offering high-performance and low-latency connectivity.4G and 5G Multivendor RAN & Radios: A comprehensive solution for deploying and managing the Radio Access Network (RAN) and radios, supporting multiple vendors and technologies.MNO Network Connectivity: Kajeet has established carrier-class network connectivity with major MNOs, including T-Mobile and AT&T.

This groundbreaking platform is poised to set a new standard for in-building cellular coverage and private 5G networks, revolutionizing the connectivity landscape for businesses, organizations, and individuals. The solution has already won two innovation awards from IoT Evolution and U.S. Broadband Summit.

Frost added, “Kajeet’s Smart Private 5G Platform goes beyond its core features by offering a range of value-added services and support, including professional services, technical support, training and education, and a robust partner ecosystem.”

For more information about Kajeet’s Smart Private 5G Neutral Host Network Platform and to explore partnership opportunities, please visit https://www.kajeet.com/private-wireless-networks

About Kajeet:

Kajeet offers optimized IoT connectivity, software, and hardware solutions that provide secure, dependable, and controlled internet connectivity to nearly 3,000 businesses, schools, districts, state, and local governments. Kajeet simplifies private wireless networks, allowing customers to design, install, and manage their networks seamlessly. Kajeet’s award-winning management platform, Sentinel®, offers real-time data usage visibility, policy control management, custom content filters for added security, and versatile multi-network options. Since 2003, Kajeet has connected over a million devices worldwide for thousands of organizations. For further information, please visit kajeet.com.

Kajeet Media Contact:
Linda Jennings, Director of Corporate Communications Phone: 248-521-3606
Email: ljennngs@kajeet.com

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SOURCE Kajeet

Technology

Max Stock Limited Announces Change in Shares Held by an Interested Party

Published

3 hours ago

November 24, 2024

CAESAREA, Israel, Nov. 24, 2024 /PRNewswire/ — Max Stock Limited (TASE: MAXO(; )the “Company”, “Max Stock“) today announced that on November 20th, 2024, Phoenix Financial Ltd. and Phoenix Investment House Ltd. (“Phoenix reporting group”), including their respective nostro account, provident funds and provident fund management companies, as well as mutual fund management companies and market maker sub entities, informed the Company that they had sold shares of the Company thereby lowering their joint holdings to 4.8% of the Company’s issued capital (4.15% and 0.65% respectively). As a result, Phoenix reporting group will no longer be an interested party in the Company.

This is an English translation of segments of a Hebrew immediate report that was published on November 24, 2024 (Ref. No: 2024-01-618032) (hereinafter: the “Hebrew Version”). This English version is only for convenience purposes. This is not an official translation and has no binding force. In the event of any discrepancy between the Hebrew Version and this translation, the Hebrew Version shall prevail.

About Max Stock

Max Stock is Israel’s leading extreme value retailer, currently present in 64 locations throughout Israel and 2 locations in Portugal. We offer a broad assortment of quality products for customers’ everyday needs at affordable prices, helping customers “Dream Big, Pay Small”. For more information, please visit https://ir.maxstock.co.il

Company Contacts:

Talia Sessler,
Chief Corporate Development and IR Officer
talia@maxstock.co.il

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SOURCE Max Stock Limited

Technology

Qatar Development Bank announces strategic investment in global Islamic FinTech, Wahed

Published

7 hours ago

November 24, 2024

DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Qatar Development Bank (QDB) announces a strategic investment in Wahed, a global Shariah-compliant fintech.

Wahed currently manages over $1 billion in assets and has attracted over 400,000 clients worldwide. The company is built on the principles of democratizing access to financial services and offers clients access to Shariah-compliant investments in its mobile app. Wahed removes the barriers to sophisticated investment management services that have been traditionally reserved for high-net-worth investors.

Khalid Al Jassim, Executive Chairman of Wahed MENA said: ‘We are delighted to welcome our new shareholders, QDB. We believe Qatar is fully aligned with our mission in creating a technology-first Islamic finance leader that unlocks a financial ecosystem free from Riba. We look forward to supporting the Qatar National Vision 2030 of becoming a leading knowledge-based economy.

Ali Rahimtula, Partner at Cue Ball Capital said: “Qatar Development Bank’s strategic investment is a clear signal of the faith the industry has in Wahed and its ability to create the future of Islamic Finance.”

About Wahed

Founded in 2015, Wahed is a financial technology company that is advancing financial inclusion through accessible, affordable, and values-based investing. The company has made significant inroads in the world Shariah compliant investing by creating an easy-to-use digital platform that provides a suite of Shariah compliant investing products including managed portfolios and venture and real estate investments. Wahed caters to over 400,000 customers globally and manages over $ 1 billion in assets.

For more information, visit: www.wahed.com

About Qatar Development Bank

Qatar Development Bank’s mission is to advance the economic and innovation development cycle of Qatar, supporting and contributing to the nation’s economic diversification. As well as a focus on the development of Qatar’s private sector, QDB is a powerful catalyst for socio-economic development in the country, empowering the local economy and bettering living standards.

For more information, visit: https://www.qdb.qa/

SOURCE Wahed

Technology

Wahed appoints Khalid Al Jassim as Executive Chairman of Wahed MENA to help guide the strategic growth of Wahed in the region

Published

7 hours ago

November 24, 2024

DOHA, Qatar, Nov. 24, 2024 /PRNewswire/ — Wahed, a global Shariah-compliant fintech, has appointed Khalid Al Jassim as Chairman of Wahed MENA.

On this appointment, Khalid commented, ”I am excited to guide Wahed’s growth in the region. Wahed’s mission of furthering Islamic Finance is one I resonate with deeply and I look forward to supporting its growth ambitions.”

Khalid has over twenty five years of investment banking and corporate advisory experience gained with some of the most innovative and groundbreaking institutions in the world.

His career spans leading firms including SABIC, Arthur Anderson and Arcapita Bank in Bahrain, where he was instrumental in making it into one of the PE powerhouses in the region. His responsibilities started in the earlier years with establishing the Investment Placement Team and transforming it into one of the most robust teams in the industry. At the time that Khalid left Arcapita to build his personal business, he was an Executive Director. Today he is Chairman of Afkar Vision, a private advisory house specialized in mergers and acquisitions with offices in Manama, Dubai and Riyadh.

As well as being one of the earliest investors in Wahed, he is currently Chairman of the Audit Committee and Board Member at Bahrain Islamic Bank, the 4th oldest Islamic Bank in the World and Board Member at SICO Bank and SICO Capital in Saudi, an $8bn asset manager in the region.

Mohsin Siddiqui, Wahed CEO said, “We are delighted to announce Khalid’s appointment. His unique understanding of the financial landscape in the MENA region is unparalleled and we are excited to bring this expertise in continuing to grow our presence in the region.”

About Wahed

For more information, visit: www.wahed.com

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