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Stock impact report

Strategic Partnership of Five Tech Leaders for End-to-End Solutions Within 450MHz Ecosystems [Yahoo! Finance]

GCT Semiconductor Holding, Inc. (GCTS) 
Company Research Source: Yahoo! Finance
WARSAW, Poland, September 03, 2024 BUSINESS WIRE )--The five tech partners Airspan, Cocus, Cyrus Technology, Frequentis, and GCT Semiconductor Holding Inc. (NYSE: GCTS), proudly announce the strategic partnership aimed at advancing critical communication networks within the utilities sector. The collaboration will leverage the distinct strengths of each partner to deliver robust, end-to-end solutions within the 450MHz ecosystem, addressing the critical communication challenges faced by utility companies. The utilities sector faces substantial challenges in maintaining and upgrading their communication networks, which often consist of unconnected legacy proprietary systems. With operations spread across vast and often remote areas, utilities must contend with coverage blind spots, particularly in regions with underground facilities and difficult terrain. Additionally, utility workers frequently move between locations, requiring reliable connectivity solutions that support smartphone Show less Read more
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