Technology

Expanding high-speed Internet access in eastern Ontario

Published

2 months ago

November 15, 2024

Federal investment of more than $1.8 million will connect over 940 homes to high-speed Internet

L’ORIGNAL, ON, Nov. 15, 2024 /CNW/ – Fairness for every generation means making sure everyone in Canada has access to reliable and affordable high-speed Internet, no matter where they live. That is why the Government of Canada is bringing high-speed Internet access to underserved communities in eastern Ontario.

Today, Francis Drouin, Parliamentary Secretary to the Minister of Agriculture and Agri-Food, on behalf of the Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency, announced over $1.8 million in federal funding for Cogeco Connexion Inc. to bring high-speed Internet access to 949 households in four rural communities in the Township of Champlain in Ontario, namely Cassburn, Henrys Corner, McAlpine and L’Orignal.

This funding is provided through the Universal Broadband Fund, a program designed to ensure that Canadians in rural, remote and Indigenous communities have access to reliable high-speed Internet.

The government has committed to ensuring 98% of Canadian households have access to high-speed Internet by 2026, and 100% by 2030. Canada is on track to meet its connectivity targets. These projects will build toward that goal, and the government will continue to invest in infrastructure that creates new opportunities in communities and makes sure they can benefit from all of Canada’s potential.

Quotes

“Easier access to high-speed Internet is a game changer for education, health care and small businesses. Thanks to today’s investment, more than 940 homes in the Township of Champlain will be connected. Our federal government has a plan to connect 98% of Canadian homes by 2026 and 100% by 2030, and projects like this are helping us meet our target.”
– The Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for the Atlantic Canada Opportunities Agency

“It is important that we continue to support the expansion of broadband in our rural communities. Fast, high-quality, reliable Internet has become essential, and I’m happy to see communities in Champlain getting access.”
– Francis Drouin, Parliamentary Secretary to the Minister of Agriculture and Agri-Food

“At Cogeco, we’re thrilled to bring high-speed Internet to 949 more homes in the communities of L’Orignal, McAlpine, Henrys Corner and Cassburn. This expansion reflects our ongoing commitment to offering families and businesses access to reliable high-speed services. With speeds of up to 1 Gbps, this is a big step forward in our mission to ensure everyone has the connectivity they deserve.”
– Nicolle Plenderleith, Vice President of Sales, Cogeco

Quick facts

Canada’s Connectivity Strategy aims to provide all Canadians with access to Internet speeds of at least 50 megabits per second (Mbps) download / 10 Mbps upload.The Universal Broadband Fund is a $3.225 billion investment by the Government of Canada designed to help provide high-speed Internet access to 98% of Canadians by 2026 and achieve the national target of 100% access by 2030.Today, 94.8% of Canadian households have access to high-speed Internet, compared to just 79% in 2014.In Ontario, 94.5% of households currently have access to high-speed Internet.Since 2015, the Government of Canada has invested more than $860 million in connectivity projects in Ontario.Over 4,000 Indigenous households in Ontario have gained access to high-speed Internet thanks to projects funded by the Universal Broadband Fund.

Associated links

Rural economic development High-Speed Internet Access Dashboard Universal Broadband Fund Backgrounder: Universal Broadband Fund and Telesat low Earth orbit capacity agreement Canada’s Connectivity Strategy National Broadband Internet Service Availability Map

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SOURCE Innovation, Science and Economic Development Canada

Technology

RADCOM to Report Fourth Quarter and Full Year 2024 Results on February 12, 2025

Published

13 minutes ago

January 15, 2025

Management to hold a conference call on the same day at 8:00 AM ET

TEL AVIV, Israel, Jan. 15, 2025 /PRNewswire/ — RADCOM Ltd. (Nasdaq: RDCM) announced today that it will report its financial results for the fourth quarter and full year 2024, which ended December 31, 2024, on Wednesday, 12, February 2025, before the opening of trade on the Nasdaq Stock Market.

RADCOM’s management will hold an interactive conference call on the same day at 8:00 AM Eastern Time (3:00 PM Israel Standard Time) to discuss the results and answer participants’ questions.

A live webcast of the presentation will be available at https://Veidan.activetrail.biz/radcomq4-2024. The webcast will be archived for 90 days following the live presentation.

To join the interactive call, please call one of the following numbers approximately five minutes before the call is scheduled to begin:

From the US (toll-free): +1-866-652-8972
From other locations: +972-3-9180644

A conference call replay will be available the same day on the Company’s investor relations website, www.radcom.com/investor-relations.

For all investor inquiries, please contact:

Investor Relations:
Miri Segal
MS-IR LLC
msegal@ms-ir.com

Company Contact:
Hadar Rahav
CFO
+972-77-7745062
hadar.rahav@radcom.com

About RADCOM

RADCOM (Nasdaq: RDCM) is the leading expert in 5G ready cloud-native, network intelligence solutions for telecom operators transitioning to 5G. RADCOM Network Intelligence consists of RADCOM Network Visibility, RADCOM Service Assurance, and RADCOM Network Insights. The RADCOM Network Intelligence suite offers intelligent, container-based, on-demand solutions to deliver network analysis from the RAN to the core for 5G assurance. Utilizing automated and dynamic solutions with smart minimal data collection and on-demand troubleshooting and cutting-edge techniques based on machine learning, these solutions work in harmony to provide operators with an understanding of the entire customer experience and allow them to troubleshoot network performance from a high to granular level while reducing storage costs and cloud resource utilization. For more information on how to RADCOMize your network today, please visit www.radcom.com, the content of which does not form a part of this press release.

View original content:https://www.prnewswire.com/news-releases/radcom-to-report-fourth-quarter-and-full-year-2024-results-on-february-12-2025-302351552.html

SOURCE Radcom

Technology

NJFX Welcomes Multinational Bank to Ecosystem Advancing Cloud and AI Connectivity

Published

13 minutes ago

January 15, 2025

WALL TOWNSHIP, N.J., Jan. 15, 2025 /PRNewswire/ — NJFX, the Tier 3 carrier-neutral cable landing station and colocation campus is thrilled to welcome another major multinational bank into its robust ecosystem. This new partnership underscores NJFX’s pivotal role in facilitating secure, efficient, and resilient network strategies for financial organizations.

The latest addition to the NJFX ecosystem represents a leading European financial institution with over 160 years of heritage and a presence spanning 65 countries. The bank’s expertise in Private Banking, Insurance, Global Banking and Investor Solutions, and International Retail, Mobility, and Leasing Services positions it as a critical player in the global economy. Leveraging NJFX’s unique infrastructure, the bank aims to enhance its private and public cloud connectivity and explore advanced AI applications, setting a benchmark for innovation and resilience.

NJFX’s Wall, New Jersey campus is the hub where leading global cloud operators interconnect with transatlantic subsea cables linking Europe, South America, and the Caribbean. By joining NJFX’s, the bank secures unprecedented access to diverse, carrier-neutral pathways, ensuring a “never down” approach to its global operations. NJFX’s ecosystem offers an unique connectivity model guaranteeing transparency and true diversity, aligning with the stringent requirements of the financial market.

“Our ecosystem has always been a cornerstone for industries requiring unparalleled network reliability and global reach,” said Gil Santaliz, Founder and CEO of NJFX. “Welcoming this esteemed financial institution further validates our vision to provide transformative infrastructure that supports not just today’s needs but also tomorrow’s advancements in AI and cloud technologies.”

The collaboration exemplifies NJFX’s commitment to serving the financial sector with cutting-edge connectivity solutions. As NJFX continues to expand its global footprint, this partnership highlights its role in bridging continents and fostering innovation.

About NJFX
NJFX owns and operates a Tier 3 Connectivity Hub offering data center, colocation, and CLS services in Wall, New Jersey. Hosting over 35 global and US operators providing direct transatlantic connectivity to Europe, South America, and the Caribbean. NJFX offers high and low-density colocation solutions with 24/7 support. NJFX provides a carrier-neutral marketplace to operators, content providers, enterprise, financial, and government entities who need network reliability, security, and scalability. The NJFX facility enables diverse connectivity options and ensures cost efficiency by offering direct interconnection without recurring cross-connect fees.

For media inquiries, please contact:
Emily Newman – Director of Marketing
emily@njfx.net

View original content to download multimedia:https://www.prnewswire.com/news-releases/njfx-welcomes-multinational-bank-to-ecosystem-advancing-cloud-and-ai-connectivity-302351133.html

SOURCE NJFX

Technology

GSV Announces the 2025 GSV Cup 50

Published

13 minutes ago

January 15, 2025

CHICAGO and NEW YORK and SAN FRANCISCO, Jan. 15, 2025 /PRNewswire/ — The GSV Cup, presented by Amazon Web Services (AWS) and GSV Ventures, is proud to unveil the 50 most innovative digital learning and workforce skills startups that are poised to revolutionize “PreK to Gray” learning in 2025 and beyond.

The world’s most innovative digital learning and workforce skills startups.

With the most nominations in GSV Cup history, 1,900+ nominations were evaluated using GSV’s “Five P’s” framework—People, Product, Potential, Predictability, and Purpose—to select the top 50 pre-seed and seed-stage startups advancing innovation across early childhood, K-12, higher education, workforce learning, and adult consumer learning.

“Startups are the lifeblood of the ASU+GSV community,” said Deborah Quazzo, Managing Partner of GSV Ventures and Co-founder of the ASU+GSV Summit. “The GSV Cup 50 are the brightest stars of tomorrow, enabling Learning at the Speed of Light for educators, workforce leaders, and learners everywhere. We’re proud to recognize these early-stage innovators as they revolutionize learning in the age of AI.”

The 2025 GSV Cup 50 are Amigo, Atypical AI, Avoca, Axio AI, Bloom App, Boddle, BrightBee, Brisk Teaching, Careerflow.ai, Cerebry, Class Companion, Coconote, Doowii, Ed Machina, Eddi, Ednition, Emversity, Fizz, Flint, Gizmo, Glasp, GrowthSchool, Heeyo, Hoogly, Kollegio, Lightscreen Ai, Ludenso, Lyssn, Masters’ Union, Mentava, Mesa School, mytalents.ai, OutSmart College, Paloma, Praxis AI, Puzzicle, Quizard AI, SchoolAI, Schoolytics, SigIQ, Sizzle AI, Skillfully, Snorkl, Solvely.ai, Stimuler, TAP, Toko, Unriddle, Upsmith, and Woolf.

Of the 50, 78% are US-based, with additional representation from India, Singapore, Norway, Austria, and Australia. The GSV Cup 50 will showcase their innovations at the 16th Annual ASU+GSV Summit, April 6-9, in San Diego, CA.

Learn more here.

ABOUT ASU+GSV
Founded in 2011, GSV is a global platform driving education and workforce skills innovation. We believe ALL people deserve equal access to the future and that scaled innovations in “PreK to Gray” learning and skills are crucial to achieving this goal. The GSV platform includes the ASU+GSV Summit, hosted annually in San Diego with 7,000+ attendees; the third annual India-based ASU+GSV & Emeritus Summit; and The AI Show @ ASU+GSV, an immersive exploration of the AI Revolution in education, which welcomed 10,000+ attendees in 2024. GSV Ventures, founded in 2015, is a multi-stage venture fund investing in the most transformational companies across the global “PreK to Gray” landscape.

View original content:https://www.prnewswire.com/news-releases/gsv-announces-the-2025-gsv-cup-50-302351418.html

SOURCE ASU+GSV Summit