Technology

Grain Management Enters Exclusive Arrangement to Acquire 800 MHz Spectrum Portfolio from T-Mobile, with Plan to Support Critical Utility Communications

Published

2 weeks ago

March 20, 2025

Black & Veatch to serve as exclusive sales agent and industry partner

WASHINGTON, March 20, 2025 /PRNewswire/ — Grain Management, LLC (“Grain”), a leading private investment firm focused on digital infrastructure and solutions to the global broadband industry, today announced it has reached an agreement with T-Mobile and are in exclusive discussions to finalize a transaction for the acquisition of all of T-Mobile’s 800 MHz spectrum, a nationwide portfolio of low-band spectrum providing an average 13.6 MHz of depth across the U.S., for a combination of cash and Grain’s 600 MHz spectrum portfolio.

Grain and T-Mobile have filed for required regulatory approvals, the receipt of which will be conditions to the closing. Following the closing of the transaction, Grain initially intends to make the acquired spectrum portfolio available to U.S. utilities to support mission-critical communications, improve grid resilience, and enhance emergency response capabilities. Black & Veatch, which has experience working with more than 1,300 power utilities, will facilitate discussions with U.S. utilities to enable the implementation and operation of private wireless broadband networks for utilities across the country.

“As the energy sector undergoes rapid modernization, utilities require reliable and secure communication networks to support grid operations and disaster response,” said David Grain, Founder & CEO of Grain Management. “This spectrum investment reinforces our commitment to digital infrastructure that can enable critical industries to operate more efficiently and securely.”

The 800 MHz spectrum band is known for its superior propagation properties that enable extensive coverage, reliability, and in-building penetration, making it ideally suited for critical utility applications. Grain believes this spectrum offers utilities a dedicated option to enhance resilience and control over their existing communications infrastructure.

“This proposed transaction with Grain continues T-Mobile’s track record of optimizing our spectrum resources for the benefit of consumers, putting this 800 MHz portfolio in the hands of a nimble private equity investor that can maximize usage of the spectrum, thus contributing to U.S. 5G leadership that is critical to our economy,” said Dirk Mosa, Senior Vice President, Spectrum, Partnerships and Acquisitions for T-Mobile. “We have also already deployed most of Grain’s 600 MHz portfolio of spectrum that we gained access to through this deal, further enhancing T-Mobile’s customer experiences on the nation’s leading 5G network in a number of key markets.”

Black & Veatch will guide utilities with the end-to-end planning, implementation, and operations of their intended private LTE 5G networks. “Grain’s acquisition and intended mobilization of 800 MHz of spectrum presents an opportunity for utilities to secure and protect their networks and improve efficiency and operational resiliency,” said Jim Moos, president of Black & Veatch’s Technology, Commercial and Industrial sector. “Our collective goal is to help utilities build and maintain dedicated networks that ensure operational security and reliability.”

This acquisition underscores Grain Management’s continued focus on investing in essential digital infrastructure assets that support economic growth, technological advancement, and national security.

About Grain Management

Founded in 2007, Grain Management is a leading, global investment firm. We believe broadband and digital infrastructure are foundational to the tech-enabled transformation occurring across all industries and facets of society. Our global team of seasoned and diverse professionals share a collective passion for the power of connectivity to strengthen communities and unlock human potential for all.

We specialize in digital infrastructure and are a trusted solutions provider to the broadband and communications industry. Our unique combination of sector knowledge, experience as operators, and disciplined analytical approach guide our differentiated investment strategy across fiber networks, data centers, wireless spectrum, cell towers, as well as managed and infrastructure services.

Media Contact:

Grain Management

Grain Public Relations

PR@graingp.com

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SOURCE Grain Management, LLC

Technology

Belwood Investments Accepts Cash Offer on Iconic 24844 Malibu Road

Published

32 minutes ago

March 31, 2025

NEWPORT BEACH, Calif., March 31, 2025 /PRNewswire/ — Belwood Investments, the fractional luxury real estate investing app, today announced it accepted an offer on 24844 Malibu Road, one of the few private homes in the United States designed by renowned Japanese architect Tadao Ando, less than a week after the property was listed for sale.

“Nearly 500 people invested in this iconic Malibu property through Belwood Investments, and its sale marks a major milestone in our efforts to make luxury real estate investments accessible to everyone,” said Steven “Bo” Belmont, the founder and CEO of Belwood Investments. “In accepting this strong offer, we’re bringing our investors a payday 14 months earlier than expected.”

Purchased for over $57 million in 2021, 24844 Malibu Road was significantly altered and damaged by its previous owner. Belwood Investments raised over $6.4 million from investors, who contributed amounts ranging from $1,000 to $1 million, to buy the home for $21 million in September and begin restoring it to its former glory.

The property features Ando’s signature trademark design of “smooth-as-silk” concrete throughout. Constructed of around 1,200 tons of concrete, 200 tons of steel reinforcement, and 12 massive pylons driven more than 60 feet into the sand, the home is a resilient structure on southern California’s coastline.

After Belwood Investments secured the home’s original builder, Marmol Radziner, received approved plans and permits from the city, completed electrical work and began construction, the property received significant interest from potential buyers.

“Selling now means the buyer can put their own creative finishes on this architectural gem, while we return funds to our investors in less than six months, allowing them to invest in more properties,” said Belmont. “Our top priority is delivering strong returns to investors as quickly as possible, and this is a win for all.”

Belwood Investments offers fractional real estate investments through its mobile app, providing anyone the opportunity to invest in short-term luxury home flips starting with $1,000, even if they have no experience with real estate or renovations. There are six additional properties currently open to investment in Belwood Investments’ app, with additional offerings planned soon.

The non-contingent cash offer on 24844 Malibu Road was made by Andrew Mazella Ventures LLC, a developer based in Montana. Celebrity real estate consultant Dylan Eckardt and agents Amanda Lynn of Nest Seekers and Jason Oppenheim of Oppenheim Group negotiated the deal. Other agents involved included Mauricio Umansky, Jean-Baptiste Rugiero and Mehdi Maamri of The Agency.

The sale will close on May 1, 2025. Belwood Investments is in the process of calculating investor returns, which are projected to be around 20%, and will release details of the deal and final tally of construction expenses soon.

About Belwood Investments
Belwood Investments empowers anyone to build a luxury real estate portfolio through fractional investments. Belwood’s proven B52 Method, developed by founder Steven “Bo” Belmont, identifies lucrative luxury properties to flip and offers everyday investors the chance to collectively contribute up to 20% of the total project cost. Start investing with as little as $1,000 via the Belwood Investor App, available on the Apple App Store and Google Play. Visit www.belwoodinvestments.com for more information.

Media Contact
Anna Rice
617-872-0731
392622@email4pr.com

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SOURCE Belwood Investments

Technology

InventHelp Inventor Develops Improved Cell Phone Screen Protector (TLS-790)

Published

32 minutes ago

March 31, 2025

PITTSBURGH, March 31, 2025 /PRNewswire/ — “I thought there should be a way to offer a clearer view of your phone screen, especially for individuals who are farsighted and also diminish the need to constantly search for your reading glasses,” said an inventor, from Ruskin, Fla., “so I invented the READ – EZ. My modified screen protector design could eliminate the need for separate reading glasses when using a cell phone.”

The patent-pending invention provides an improved design for a cell phone screen protector. In doing so, it offers a convenient way to enhance or magnify the user’s view of the text/screen. As a result, it eliminates the need for reading glasses when viewing the phone. It also would help protect the screen against scratches and damage. The invention features a two-in-one design that is easy to apply and use so it is ideal for cell phone owners who are farsighted and those who use reading glasses. Additionally, it is producible in design variations.

The original design was submitted to the Tallahassee sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 23-TLS-790, InventHelp, 100 Beecham Drive, Suite 110, Pittsburgh, PA 15205-9801, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s Invention Submission Services at http://www.InventHelp.com.

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SOURCE InventHelp

Technology

IDenta Corp Reports Remarkable Results in 2024 Annual Report

Published

32 minutes ago

March 31, 2025

HOLLYWOOD, Fla., March 31, 2025 /PRNewswire/ — IDenta Corp. (OTCQB: IDTA) is a worldwide leader in the development of Field Detection and Home Diagnostic Testing Kits for Narcotics, Explosives and Unique Forensic Products in Homeland Security and Consumer Markets. IDenta Corp reports today remarkable results in 2024, marked by significant growth and increased profitability. The annual report published today shows impressive results, driven by strong customer satisfaction and operational efficiency improvements. This success is a testament to IDenta Corp’s dedication to providing high-quality products and expanding its market reach.

“The positive results outlined in our 2024 annual report demonstrate the continued success of IDenta Corp.,” said Amichai Glattstein, CEO. “Our commitment to customer satisfaction, coupled with our strategic expansion into new markets via new distributors, has fueled impressive revenue growth and a dramatic increase in net profit, setting a strong foundation for continued success in the coming year.”

The company’s proactive marketing efforts and the addition of new distributors in previously untapped territories directly contributed to a substantial revenue increase compared to the previous year. This expansion broadened IDenta Corp’s market presence and opened new opportunities for growth. Furthermore, the company’s commitment to operational efficiency resulted in a dramatic rise in net profit.

Key Highlights from the 2024 Annual Report include:

A substantial increase in revenues for 2024 which was $1,455,488 compared to revenues of $1,051,590 in 2023.Gross profit increased to $778,402 in 2024 compared to gross profit of $509,114 in 2023.Operating profit increased impressively to $305,805 in 2024 compared to ($1,499) in 2023.A dramatic rise in net profit in 2024 which was $258,343 compared to net profit of $14,644 in 2023.Cash and cash equivalents increased to $414,314 for 2024 compared to $264,294 for 2023.

IDenta Corp’s success in 2024 is a direct result of a strategic focus on customer satisfaction, operational excellence, and market expansion. The company’s commitment to these key areas positions it for continued success in the future.

About IDenta Corp.

IDenta Corp. is a global leader in the development and supply of Field Detection and Home Diagnostics Testing Kits for Drugs & Explosives and Unique Forensic Products in the Homeland Security and Consumer Markets. IDenta develops, manufactures and distributes revolutionary products for both the professional Law and Retail markets which consistently pass the highest qualifications and testing procedures of law enforcement and security agencies around the world. For more information, please visit at www.identa-corp.com and www.touch-know.com or follow us on social media.

Safe Harbor Statement

Certain of the statements contained herein may be, within the meaning of the federal securities laws, “forward-looking statements” that are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on management’s expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.

Company Contact Information:
Public Relations
Tel: (240) 545-6646
E: pr@identa-corp.com

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SOURCE IDenta Corp