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Baicells Announces its Fusion RAN Network Platform for Mobile Operators and Service Providers

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10 months ago

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Highly Flexible and Innovative RAN Solution offers ability to deliver 2G, 4G, and 5G services from single network platform.

DALLAS, Feb. 26, 2024 /PRNewswire/ — Baicells Technologies, a global provider of turnkey 4G LTE and 5G NR solutions for operators and the enterprise, has announced the launch of its Fusion RAN platform. The platform is a scalable and highly flexible RAN solution that allows service providers of all types offer multiple wireless services (2G, 4G, 5G) from a single networking platform. Fusion RAN delivers on the Baicells mission to connect more with less.

The economical, distributed, and open platform allows operators of all types to easily introduce and transition their network services from one generation to another without major disruption to the network, and without having to repeatedly make new investments for each upgrade. And Fusion RAN hardware elements that are deployed to deliver one type of service (e.g., 4G) can later be repurposed to deliver a new generation of service (5G) so that the initial investment does not go to waste. In short, the solution offers a very favorable RoI for the service provider.

The basic network elements of the Fusion RAN platform consist of a single high performance Base Band Unit (BBU) that can support up to 18 Remote Radio Units (RRU) via multi-gigabit fiber. Each RRU, which can be located at considerable distances from the BBU, is software provision-able to support a specific air interface type: 2G, 4G, 5G. These RRU types can be mixed to best meet the local service requirements of the community and businesses the operator is serving.

And as the various local network endpoints evolve and upgrade to support new service types (i.e., moving to 5G) over time, the RRU elements can then be repurposed to support these new services, making an easy and fast transition for the operator, meaning a faster time to service and a faster time to revenue.

The platform will support a variety of GSM, LTE, and NR bands so that it can be deployed in a variety of local markets. Initially the use case will be for outdoor deployments for mobility or fixed wireless, but indoor eNB and gNB can also be supported. This type of configuration allows for a centralized BBU located in a metro area that can offer a mix of wireless services across both outdoor and indoor environments for the carrier. Platform offers tremendous flexibility to build a solution highly tailored to the local environment and its specific connectivity needs.

Despite regular headlines on the latest in 5G deployments, many regional markets still rely heavily on earlier generation of wireless services as their critical lifeline. As a result, service providers continue to balance the need for network upgrades to the next “G” against the need to continue offering legacy wireless services that many of their subscribers still expect. Fusion RAN provides an attractive technical and economical solution to managing this transition and, on the carrier’s, own schedule.

“Being a global organization, Baicells must provide networking platforms that meet a variety of market requirements while still providing an attractive RoI. Our ability to offer a highly flexible and scalable solution with 2G, 4G, and even 5G, is very attractive for all kinds of service providers. Early interest in this platform has been extremely positive for us.” Lixin Sun, Chairman and CEO for Baicells.

Baicells has already secured first trial and contract commitments with operators in Africa.

General Availability is in planning for Q3 2024. Baicells will be exhibiting Fusion RAN, along with a portfolio of 5G radios and CPE products, in Hall 2, Stand 2C 44, at the annual Mobile World Congress in Barcelona from 26-29 February.

About Baicells Technologies
Baicells is a global technology company offering turnkey 4G and 5G Network Solutions, under new economics, for service providers and enterprises. With networks in over 60 countries, offices on five continents, and a portfolio of over 500 patents, Baicells has established itself as a leading innovator. Baicells has delivered more than 700 commercial deployments worldwide, including a growing presence across markets like North America, Asia, and Africa. Baicells innovations connect the unconnected. For more information, please visit www.baicells.com.

Media Contact for Baicells
Tony Eigen
VP Marketing, Baicells
tony.eigen@baicells.com

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SOURCE Baicells Technologies

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Stora Enso Oyj: Notification of Change in Holdings according to Chapter 9, Section 10 of the Finnish Securities Markets Act (25 December 2024)

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5 minutes ago

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December 27, 2024

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STORA ENSO OYJ STOCK EXCHANGE RELEASE 27 December 2024 at 09:00 EET

HELSINKI, Dec. 27, 2024 /PRNewswire/ — Stora Enso Oyj received a notification pursuant to chapter 9, section 5 of the Securities Market Act from BlackRock, Inc on 27 December 2024.

On 25 December 2024, BlackRock’s holding in Stora Enso’s shares decreased below the 5 percent threshold.

% of shares and voting rights (total of 7.A)

% of shares and voting rights through financial instruments (total of 7.B)

Total of both in % (7.A + 7.B)

Resulting situation on the date on which threshold was crossed or reached

4.76% shares

Below 5% voting rights

0.27% shares

Below 5% voting rights

5.04% shares

Below 5% voting rights

Position of previous notification (if applicable)

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

Below 5% shares

Below 5% voting rights

 

A: Shares and voting rights

Class/type of shares

ISIN code (if possible)

Number of shares and voting rights

% of shares and voting rights

Direct

(SMA 9:5)

Indirect

(SMA 9:6 and 9:7)

Direct

(SMA 9:5)

Indirect

(SMA 9:6 and 9:7)

FI0009005961

37,609,170  shares

Below 5% voting rights

4.76% shares Below 5% voting rights

SUBTOTAL A

37,609,170 shares

Below 5% voting rights

4.76% shares

Below 5% voting rights

B: Financial Instruments according to SMA 9:6a

Type of financial instrument

Expiration date

Exercise/Conversion Period

Physical or cash settlement

Number of shares and voting rights

% of shares and voting rights

American Depositary Receipt (US86210M1062)

N/A

N/A

Physical

596,930 shares

Below 5% voting rights

0.07% shares

Below 5% voting rights

Securites lent

N7A

N/A

Physical

1,036,720 shares

Below 5% voting rights

0.13% shares

Below 5% voting rights

CFD

N/A

N/A

Cash

563,510 shares

Below 5% voting rights

0.07% shares

Below 5% voting rights

SUBTOTAL B

2,197,160 shares

Below 5% voting rights

0.27% shares

Below 5% voting rights

 

Stora Enso has two series of shares. Each A share and every ten R shares carry one vote. Stora Enso has 175,664,079 A shares and 612,955,908 R shares in issue. The Company does not hold its own shares. The total number of Stora Enso shares is 788,619,987 and the total number votes at least 236,959,669.

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691 

Stora Enso

Part of the global bioeconomy, Stora Enso is a leading provider of renewable products in packaging, biomaterials and wooden construction, and one of the largest private forest owners in the world. We create value with our low-carbon and recyclable fiber-based products, through which we support our customers in meeting the demand for renewable sustainable products. Stora Enso has approximately 20,000 employees and our sales in 2023 were EUR 9.4 billion. Stora Enso shares are listed on Nasdaq Helsinki Oy (STEAV, STERV) and Nasdaq Stockholm AB (STE A, STE R). In addition, the shares are traded in OTC Markets (OTCQX) in the USA as ADRs and ordinary shares (SEOAY, SEOFF, SEOJF). storaenso.com/investors

STORA ENSO OYJ

Investor enquiries:
Anna-Lena Åström
SVP Investor Relations
tel. +46 70 210 7691 

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/stora-enso-oyj/r/stora-enso-oyj–notification-of-change-in-holdings-according-to-chapter-9–section-10-of-the-finnish,c4086606

The following files are available for download:

https://mb.cision.com/Main/13589/4086606/3189711.pdf

STORA ENSO Class R_2024-12-25_Issuer

 

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SOURCE Stora Enso Oyj

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Truecaller continues strong growth, surpasses 400 million Android users

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5 minutes ago

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December 27, 2024

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STOCKHOLM, Dec. 27, 2024 /PRNewswire/ — Truecaller, the leading global platform for verifying contacts and blocking unwanted communication, reached another important milestone on 24th of December, when the number of monthly active users (MAU) on the operating system Android surpassed 400 million. Truecaller continues to grow rapidly in many geographic markets and the total user base has grown with more than 57 million users during 2024 and has now surpassed 433 million users in total.

“Truecaller’s strong commitment to help businesses and individuals communicate better through both calls and messages, continues to grow. Our geographical footprint is growing each day, and the development in our targeted growth markets is strong. We’re thrilled at achieving this milestone and we look forward to serving the next 400 million Android users,” says Rishit Jhunjuhnwala, Chief Product Officer and incoming CEO of Truecaller.

The growth in India continues to be strong with a growth of approximately 37 million users in but the relative growth in other parts of the world is stronger with a growth of 20 million users during 2024.

Truecaller will continue to report the average number of monthly and daily users on a quarterly basis in connection with interim reports.

For more information, please contact:
Andreas Frid, Head of IR & Communication
+46 705 29 08 00
andreas.frid@truecaller.com

About Truecaller:

Truecaller (TRUE B) is the leading global platform for verifying contacts and blocking unwanted communication. We enable safe and relevant conversations between people and make it efficient for businesses to connect with consumers. Fraud and unwanted communication are endemic to digital economies. especially in emerging markets. We are on a mission to build trust in communication. Truecaller is an essential part of everyday communication for more than 433 million active users. Truecaller is listed on Nasdaq Stockholm since 8 October 2021. For more information. please visit corporate.truecaller.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/truecaller-ab/r/truecaller-continues-strong-growth–surpasses-400-million-android-users,c4086573

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SOURCE Truecaller AB

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Xinhua Silk Road: Conference on deepening financial openness and co-op in Northeast Asia held in NE. China’s Shenyang

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5 minutes ago

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December 27, 2024

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BEIJING, Dec. 27, 2024 /PRNewswire/ — The 2nd Northeast Asia Finance Conference and 2024 “Revitalizing Liaoning with Finance” Excellent Cases Release kicked off on Tuesday in Shenyang, capital of northeast China’s Liaoning Province, aiming to further deepen financial openness and cooperation in the Northeast Asian region and advance construction of a regional financial center.

The main forum held a series of activities, including an opening ceremony, two round-table dialogues on “finance + biomedical industry” and “finance + cultural industry”, a symposium for foreign financial institutions, a seminar on innovative development of financial clusters, a forum on development of technology and finance, a forum on industrial low-carbon transformation and financial innovation, as well as an enterprise project roadshow and industry-finance matchmaking event.

During the conference themed on “accelerating the construction of a regional financial center in Northeast Asia and creating a new highland for opening up”, excellent cases of revitalizing Liaoning through finance in 2024 were unveiled and the index for core areas of regional financial centers in northeast China was released.

The conference also held an unveiling ceremony for the upgrading of the Shenyang finance and trade development zone to a national-level development zone, and a launch ceremony of a platform for Shenyang industrial insights and decision analysis.

The conference was co-hosted by China Economic Information Service, Liaoning Branch of Xinhua News Agency, Shenhe District People’s Government, Shenyang local financial administration under guidance of Shenyang Municipal People’s Government and Liaoning local financial supervision and administration bureau.

Original link: https://en.imsilkroad.com/p/343777.html

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/xinhua-silk-road-conference-on-deepening-financial-openness-and-co-op-in-northeast-asia-held-in-ne-chinas-shenyang-302339540.html

SOURCE Xinhua Silk Road

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