24/7 Market News: Siyata Mobile Sets Foundation with T-Mobile T-Priority Partnership, Fortune 100 Telecom Deal, and Historic Carrier Stocking Achievements
Denver, Colorado--(Newsfile Corp. - May 7, 2025) - 247marketnews.com , a pioneer in digital media dedicated to the swift distribution of financial market news and information, reviews Siyata Mobile's (NASDAQ: SYTA) ('Siyata') recent transformative successes.
Since Siyata's $160 million Core Gaming merger remains the focus, it's important to understand the merger math details. However, the following milestones underscore another layer of Siyata's compelling business model.
Please click here for Merger Math Details, or insights from the ValueScope Report .
Historic Achievement: Smallest Manufacturer to Secure Major U.S. Carriers Stocking
Siyata, a global leader in Push-to-Talk over Cellular (PoC) devices and cellular signal booster systems, achieved a rare feat and is the smallest device manufacturer to secure stocked status with three of the top four major U.S. carriers, a milestone that required significant upfront investment, ranging from R&D to inventory. From 2020 to 2024, Siyata raised over $20 million through dilutive offerings, to fund these and other efforts amidst a challenging funding environment marked by rising interest rates and tightened capital markets. This investment enabled Siyata to certify its rugged SD7 handsets and VK7 vehicle devices for carrier networks, ensuring seamless integration and broad distribution.
[ This image cannot be displayed. Please visit the source: https://images.newsfilecorp.com/files/10481/251109_siyata_270.jpg ]
Siyata Mobile (NASDAQ: SYTA)
This stocked status unlocks unique expansion opportunities, allowing Siyata to leverage carrier marketing channels and enterprise relationships, as seen in its recent Fortune 100 telecom deal, positioning it to capture a larger share of the $7 billion PoC market transitioning from land mobile radios (LMR) to cellular solutions.
Fortune 100 Telecom Agreement: $1M Milestone Payments in 2025
Siyata's growth trajectory was further solidified by an April 28, 2025, development agreement with a Fortune 100 U.S.-based telecom company to design a unique MCPTT portable device, slated for commercial launch in Q1 2026. Under the terms, Siyata is eligible to receive up to $1,000,000 in milestone payments throughout 2025 for development and certification, providing non-dilutive capital to fuel expansion. This deal, leveraging Siyata's expertise in ruggedized PoC devices, targets first responders and public safety personnel, building on its carrier partnerships and recent marketing successes, such as integrations with JVCKenwood and IP Access International.
T-Mobile T-Priority Partnership: Empowering First Responders
On February 20, 2025, T-Mobile named Siyata as one of its 'key partners' and Siyata's SD7 Ultra series 5G MCPTT cellular radio handsets as a pivotal component of its T-Priority 5G First Responder initiative, announced alongside a landmark connectivity deal with New York City.
The SD7 Ultra, the first land mobile radio (LMR) replacement in the U.S. offering MCPTT on 5G, empowers public safety officials with reliable nationwide communications via T-Mobile's direct connect platform, the nation's largest 5G network. This partnership enhances response times and situational awareness for police, fire, and EMS, integrating advanced applications to save lives. Siyata's inclusion in T-Mobile's elite ecosystem validates its technological leadership and opens vast distribution channels, positioning it to capture a significant share of the $7 billion PoC market transitioning from LMR to cellular solutions.
Core Gaming Merger: A Blockbuster Value Catalyst
Siyata's $160 million merger with Core Gaming, announced February 26, 2025 and expected to close in Q2 2025, diversifies its portfolio into the $126 billion mobile gaming market. The merger's special stock dividend guarantees legacy shareholders at least 10% ownership.
[ This image cannot be displayed. Please visit the source: https://images.newsfilecorp.com/files/10481/251109_coregaming_300.jpg ]
Core Gaming
Please click here for Merger Math Details, or insights from the ValueScope Report .
Stay Tuned: Don't Miss Out
To ensure you don't miss future announcements, we encourage you to sign up for additional information
For Investor Relation inquiries or to sign up for updates, please click here .
Contact [email protected] for Analyst Report coverage and other investor/public relations services.
For additional 247marketnews.com Siyata disclosure https://247marketnews.com/syta-siyata/ .
About Siyata Mobile
Siyata Mobile Inc. is a leading global developer and provider of cellular communications solutions for enterprise customers, including first responders, transportation, logistics, and more. Their mission is to enable effective communication in critical moments through innovative technology.
About 24/7 Market News
24/7 MarketNews is a leading market news platform for public companies. As a pioneer in digital media, we are dedicated to the swift distribution of financial market news and information. We take great pride in creating innovative public relations campaigns that help our clients reach their target audience.
24/7 MARKET NEWS, INC Disclaimer
Please go to 24/7 Market News disclosure or https://www.247marketnews.com/disclaimer/ for disclaimer information. 24/7MN will receive $2500 from a third party for covering Siyata this week and providing other services.
CONTACT:
24/7 Market News
[email protected]
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company's ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words 'intends,' 'may,' 'will,' 'plans,' 'expects,' 'anticipates,' 'projects,' 'predicts,' 'estimates,' 'aims,' 'believes,' 'hopes,' 'potential' or similar words. Actual results could differ materially from those described in these forward-looking statements due to a number of factors, including without limitation, the Company's ability to continue as a going concern, the popularity and/or competitive success of the Company's acquired football and other sports teams, the Company's ability to attract players and staff for acquired clubs, unsuccessful acquisitions or other strategic transactions, the possibility of a decline in the popularity of football or other sports, the Company's ability to expand its fanbase, sponsors and commercial partners, general economic conditions, and other risk factors detailed in the Company's filings with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update such forward-looking statements except in accordance with applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/251109
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Fox News
32 minutes ago
- Fox News
'The Five' touts need for 'transparency' following Biden's doctor being subpoenaed
All times eastern Special Report with Bret Baier Maria Bartiromo's Wall Street FOX News Radio Live Channel Coverage MOMENTS AGO: Trump takes questions as Abrego-Garcia faces human trafficking charges
CNN
33 minutes ago
- CNN
DOGE just got a green light to access your Social Security data. Here's what that means
When people think of Social Security, they typically think of monthly benefits — for the roughly 69 million retirees, disabled workers, dependents and survivors who receive them today. But efforts by the Department of Government Efficiency this year to access the Social Security Administration's data systems should conjure up thoughts of data on hundreds of millions of people. Why? Because the SSA's multiple data systems contain an extensive trove of personal information on most people living in the United States today — as well as those who have died. While a lower federal court had blocked DOGE's efforts to access such data — which it argued it needs in order to curtail waste, fraud and abuse — the Supreme Court lifted that order on Friday, allowing DOGE to access the data for now. The three liberal justices — Sonia Sotomayor, Elena Kagan and Ketanji Brown Jackson — dissented. In her opinion, Jackson wrote, 'The government wants to give DOGE unfettered access to this personal, non-anonymized information right now — before the courts have time to assess whether DOGE's access is lawful,' she added. The personal data the Social Security Adminstration has on most Americans runs 'from cradle to grave,' said Kathleen Romig, who used to work at the SSA, first as a retirement policy analyst and more recently as a senior adviser in the Office of the Commissioner. DOGE was created unilaterally by President Donald Trump with the goal of 'modernizing Federal technology and software to maximize governmental efficiency and productivity,' according to his executive order. To date, the group has caused chaos and intimidation at a number of federal agencies where it has sought to take control and shut down various types of spending. It is also the subject of various lawsuits questioning its legal right to access wholesale the personal data of Americans on highly restricted government IT systems and to fire groups of federal workers in the manner it has. Here's just a partial list of the data the SSA systems likely have about you: your name, Social Security number, date and place of birth, gender, addresses, marital and parental status, your parents' names, lifetime earnings, bank account information, immigration and work authorization status, health conditions if you apply for disability benefits, and use of Medicare after a certain age, which the SSA may periodically check to ascertain whether you're still alive. Other types of personal information also may be obtained or matched through the SSA's data-sharing agreements with the IRS and the Department of Health and Human Services. Information on your assets and living arrangements also may be gathered if you apply for Supplemental Security Income (SSI), which is meant to help those with very limited income. As with the IRS data systems to which DOGE has also sought access, the SSA systems are old, complex, interconnected and run on programming language developed decades ago. If you make a change in one system, it could trip up another if you don't know what you're doing, said Romig, who now is director of Social Security and disability policy at the liberal Center on Budget and Policy Priorities. And, just as at the IRS, there are concerns that if DOGE team members get access to the SSA systems and seek to make changes directly or through an SSA employee, they could cause technical errors or base their decisions on incorrect understandings of the data. For example, multibillionaire CEO Elon Musk, a driving force at DOGE, had incorrectly claimed that SSA is making payments to millions of dead people. His claim appeared to be based on the so-called Numident list, which is a limited collection of personal data, Romig said. The list includes names, Social Security numbers, and a person's birth and death dates. But the Numident list does not reflect the death dates for 18.9 million people who were born in 1920 or earlier. That's a known problem, which the Social Security inspector general in a 2023 report already recommended the agency correct. That same report, however, also noted that 'almost none of the 18.9 million number holders currently receive SSA payments.' And making any decisions based on mistaken interpretations could create real-world problems for individuals. For example, Romig said, there are different types of Social Security numbers assigned — eg, for US citizens, for noncitizens with work authorization and for people on student visas who do not have work authorization. But a person's status can change over time. For example, someone on a student visa may eventually get work authorization. But it's up to the individual to update the SSA on their status. If they don't do so immediately or maybe not even for years, the lists on SSA systems may not be fully up to date. So it's easy to see how a new entity like DOGE, unfamiliar with the complexity of Social Security's processes, might make a quick decision affecting a particular group of people on a list that itself may not be current. Charles Blahous, a senior research strategist at the Mercatus Center at George Mason University, has been a leading proponent of addressing Social Security's long-term funding shortfall. And he is all for rooting out waste, fraud and abuse. But, Blahous noted, 'best estimates of improper payments in Social Security are less than 1% of the program's outlays. I've been concerned that this particular conversation is fueling profound misimpressions about Social Security and the policy challenges surrounding it.' SSA's data systems are housed in locked rooms, and permission to view — never mind alter — information on them has always been highly restricted, Romig said, noting that she was fingerprinted and had to pass a background check before being allowed to view data for her research while at the agency — and it could only be data that had no personally identifiable information. Given the variety of personal data available, there are also a number of federal privacy and other laws limiting the use and dissemination of such information. Such laws are intended to prevent not only improper use or leaks of the data by individuals, but abuse of power by government, according to the Center on Democracy and Technology. DOGE's arrival at the SSA resulted in a number of seasoned employees leaving the agency, including Michelle King, a long-time career service executive who briefly served as acting commissioner from January 20 until February 16. She resigned after DOGE staffers attempted to access sensitive government records. In her place, SSA employee Lee Dudek was named acting director. Dudek put out a statement on SSA's 'Commitment to Agency Transparency and Protecting Benefits and Information' when he came on. In it, he noted that DOGE personnel: a) 'cannot make changes to agency systems, benefit payments, or other information'; b) 'only have read access' to data; c) 'do not have access to data related to a court ordered temporary restraining order, current or future'; and d) 'must follow the law and if they violate the law they will be referred to the Department of Justice for possible prosecution.' CNN's Alayna Treene and John Fritze contributed to this report.
Fox News
33 minutes ago
- Fox News
Business Rundown: Why Those Recession Fears May Be Overblown
May's jobs report exceeded expectations, with the economy adding 139,000 jobs, many of which were in the healthcare, leisure, and hospitality industries. While the White House and Wall Street were pleased with these numbers, data from last month showed signs of slowing job growth, possibly indicating that employers are still navigating uncertainties related to tariffs, tax policy, and other factors. Nancy Tengler, the Chief Executive Officer and Chief Investment Officer of Laffer Tengler Investments, joins host Gerri Willis to dig deep into the numbers and explain why the report suggests a recession isn't happening any time soon. She does have some concerns about the direction of the economy. Learn more about your ad choices. Visit
