AVEALTO SIGNS MOU WITH MAJOR TELECOM OPERATOR IN ASIA
EDOTCO subsidiary of AXIATA to explore breakthrough technology developed by AVEALTO to help close the Digital Divide In Malaysia and other parts of Southeast Asia
Barcelona, Catalonia, Spain, March 5, 2025 -- AVEALTO Limited, a UK-based company, was formed to design, build and operate a fleet of high-altitude Wireless Infrastructure Platform vehicles ('WIPS'), also often called High Altitude Platforms ('HAPS'), in order to help close the global Digital Divide.
Today, March 5th, 2025, the EDOTCO Group, a subsidiary of Axiata Group Berhad, and AVEALTO Limited have exchanged MOU documents at a ceremony held at the Malaysian Pavillion during the annual MWC conference in Barcelona.
EDOTCO Group is the leading digital connectivity infrastructure services company in Asia, providing end-to-end integrated solutions in the tower services sector. Its mission is to help nations across Asia advance their connectivity infrastructure with leading-edge solutions and drive equitable connectivity. The company is present in Malaysia, Bangladesh, Philippines, Indonesia, Cambodia, Pakistan, Myanmar, Sri Lanka and Laos.
AVEALTO has completed the development of a transformative technology which can provide cost effective and high quality telecom and internet services to unserved and underserved regions. AVEALTO has an overarching goal to help close the digital divide worldwide.
' I am excited to work with EDOTCO, a visionary company, to explore a path to greater connectivity in Malaysia and the rest of Southeast Asia.' - Walt Anderson – Managing Director, AVEALTO Limited
EDOTCO will collaborate with Avealto in a Proof of Concept (PoC) trial to be conducted in Malaysia. This innovative project seeks to unlock new frontiers in telecommunications, offering alternative network solutions that could revolutionise connectivity in remote and hard-to-reach areas. If successful, this initiative could introduce breakthrough technologies that enhance Malaysia's network resilience and scalability.
AVEALTO will offer wholesale telecom and internet infrastructure to existing telecom operators at a substantially lower price than existing telecommunication satellites. AVEALTO services are expected to be the highest quality option, in the areas that it serves, and be significantly lower in cost than LEO, MEO or GEO satellites.
+1 786.870.0208
About the company: Avealto Ltd. was founded with the purpose of connecting the unconnected, serving the underserved, and bringing the rest of the world into the Global Conversation. We hope you'll join us.
Contact Info:
Name: Thomas Andrew Olson
Email: Send Email
Organization: Avealto Ltd.
Release ID: 89154337
Should any errors, concerns, or inconsistencies arise from the content provided in this press release that require attention or if a press release needs to be taken down, we kindly request that you immediately contact us at [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our efficient team will be at your disposal for timely assistance within 8 hours – taking necessary measures to rectify identified issues or providing guidance on the removal process. We prioritize delivering accurate and reliable information.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Associated Press
17 minutes ago
- Associated Press
Golden Bird Jewels Expands to UK After Strong Success in U.S. Market
Renowned moissanite jewelry brand enters UK market after strong growth and customer trust established in the U.S. jewellry industry. 'The positive response in the U.S. has inspired us to bring our unique jewellery offerings to the UK market.'— Vijay Sarkheliya Founder & CEO of Golden Bird Jewels LONDON, LONDON, UNITED KINGDOM, June 2, 2025 / / -- Golden Bird Jewels Expands to UK After Strong Success in U.S. Market The globally loved brand in affordable luxury and moissanite craftsmanship, Golden Bird Jewels, announces its arrival into the UK market following an impressive performance in the U.S. fine jewellery market. Well-known for offering its customers luxury handmade Moissanite and lab diamond jewellry at reasonable costs, the brand changes the target of attention to British customers with the guarantee of honesty in regards to sourcing, quality, and personalization. Golden Bird Jewels (GBJ) has been turned into a household name in the United States due to its mission to make fine jewellery an eternal affection and individuality statement. Due to its growing popularity, especially among millennials and Gen Z buyers, it has spread into other countries, and this is a major milestone in the brand's international growth. 'The affection and trust we have received from our U.S. clientele has been more than what we expected', says, a representative of Golden Bird Jewels. 'The UK was the logical extension of our journey. British customers care about quality, sustainability, and artistry – basically what we are all about.' Empowering Jewellery Lovers with Affordable Luxury By offering a wide range of ethically sourced crafts made of Moissanite, lab-grown diamonds, and quality metals including 925 sterling silver, 18K gold, and platinum, Golden Bird Jewels differentiates out in a competitive market. GBJ is the ideal fusion of classic craftsmanship with minimalist themes, with its design studios and manufacture based in India, a nation renowned for its exquisite jewellery traditions. Ranging from engagement rings to wedding bands, to bracelets, earrings, and customized heirloom designs, all Golden Bird pieces are born with an unrelenting eye for detail and top-grade cut quality with an eye toward responsible luxury. This expansion means UK customers can now access Golden Bird's most celebrated collections, including: Ready to Ship Collection – Pre-made favorites ready for fast delivery. Custom Moissanite Jewellery – Personalized pieces designed to reflect individual stories. Lab Diamond Creations – Conflict-free and environmentally conscious designs. Gemstone Fine Jewellery – A touch of color and symbolism crafted with precision. UK Launch Highlights To commemorate its UK debut, Golden Bird Jewels is introducing a curated collection designed exclusively for British customers. In addition, GBJ's UK-focused website will feature local currency pricing, responsive customer service, and access to a growing gallery of client diaries and testimonials. UK customers can explore the collection and place orders via the official website: What Sets Golden Bird Jewels Apart? Golden Bird Jewels is not an ordinary jeweler. It's a purpose-driven brand guided by customer-first principles, high performance standards, and strong ethical values. The company works with an integrated approach, where there is a focus on: Handcrafted Excellence: Every stone is chosen individually and carefully mounted by master artisans. Creative Innovation: GBJ is always on top of trends, yet respects tradition, as the design studios release new collections regularly. Affordable Transparency: Working straight with artisans and cutting away the middlemen, GBJ incurs massive savings that it passes down to the client. Sustainability: The company encourages ethical manufacturing without sacrificing beauty or brilliance by using lab-created diamonds and metals that are sourced sustainably. The foundation of Golden Bird Jewels is built on a clear and meaningful goal: to create jewellery that is a reasonably priced representation of honesty and love. Every piece, from personalized charms for life's special occasions to engagement rings for eternity, is made to empower the user. 'That's our goal – to deliver handcrafted beauty without overpriced tags,' CEO says. 'Jewellery is deeply personal. Be it a token of love, a tribute to self, or a heritage for generations, our pieces are designed to make a difference.' The company's ideology – customer-first service, honesty, innovation, teamwork – is woven into all steps of its procedure. Golden Bird Jewels believes in carrying out business with integrity and creating an everlasting relationship with customers, suppliers, and other collaborators. Customer - Focused Jewellry Made with Global Expertise One of the ways that GBJ differs from other companies is the vertically integrated business model. Every piece of jewellery is designed, produced, and tested in-house. The company has manufacturing plants in India, which have a centuries-old legacy in jewellery making. This helps GBJ regulate the quality at each point while enabling the locals and sustainable practices. From silicon carbide-made Moissanite to ethically sourced lab diamonds, the brand is choosy about its materials for strength, brightness, and ethics. The outcome is breathtaking, conflict-free gemstones matching mined diamonds in aesthetics, but not in price and impact on the earth. Golden Bird Jewels has been given excellent reviews on sites such as Trustpilot and Google, with thousands of delighted customers who confirm the brand's dedication to quality, customization, and speedy services. The responsive support team and transparent policies are also the reasons why the company is celebrated, qualities that form its identity in an industry where confusion and distrust prevail. So far, GBJ has served over 100K customers and created more than 250K jewellery pieces. From New York to Los Angeles – and now, even London – its global family keeps on expanding. Future Outlook With its UK launch in full swing, Golden Bird Jewels has aggressive international expansion plans for 2025 and further. The next destinations are to be Australia, the UAE, and certain European countries, where there is increasing interest for ethically made, affordable luxury. Furthermore, the brand is also spending to provide augmented reality (AR) shopping, AI-driven customization, and sustainable packaging to boost its digital-first strategy. Vijay Sarkheliya Golden Bird Jewels +1 646-574-4032 [email protected] Visit us on social media: LinkedIn Instagram Facebook YouTube Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Associated Press
17 minutes ago
- Associated Press
XRP Settlement Spurs Cloud Mining Innovation – JA Mining Introduces Mining Utility for Token Holders
Image by JA Mining WARWICK, United Kingdom, June 02, 2025 (GLOBE NEWSWIRE) -- XRP has recently gained renewed momentum in the cryptocurrency space, with its price reaching a high of $3.39 in early 2025. Developments in Ripple's legal proceedings have contributed to growing optimism among investors, reinforcing XRP's position in the evolving global tokenization market. In response to these shifts, JA Mining has introduced a cloud-based mining solution tailored for XRP holders. This offering allows participants to generate passive income through a regulated, hardware-free mining experience that does not require technical knowledge or infrastructure. JA Mining operates under a 'Hashrate-as-a-Service' model, granting users access to distributed cloud computing resources without the need to purchase or maintain mining equipment. Once a mining contract is selected, the platform automatically manages system setup, energy consumption, and return distributions. The system supports a range of digital assets including XRP, Bitcoin (BTC), and Ethereum (ETH). Mining rewards are settled daily and credited directly to users' accounts. Participants also have the option to reinvest their daily returns into additional hashrate, enabling potential long-term compounding growth. JA Mining places a strong emphasis on user accessibility, security, and compliance. The company states that it adheres to high standards of transparency and user protection, supporting secure operations and responsible mining practices. Its international mining facilities operate using renewable energy sources to align with sustainability goals. Example Profitability Table: JA Mining: Potential Income Key platform features include: JA Mining also provides users with tools to estimate potential mining outcomes based on real-time metrics and selected service plans. This supports informed decision-making while maintaining a clear and compliant communication framework. As the crypto landscape evolves, JA Mining continues to lower the barriers to entry for individuals interested in participating in digital asset mining. The platform aims to offer a straightforward path to earning passive income through emerging blockchain opportunities. For more information, visit Media Contact: JA Mining [email protected] Photos accompanying this announcement are available at :
Associated Press
17 minutes ago
- Associated Press
SolGold PLC Announces Voluntary Delisting from Toronto Stock Exchange
BISHOPSGATE, LONDON / ACCESS Newswire / June 2, 2025 / SolGold plc (LSE:SOLG)(TSX:SOLG) announces that it has applied for a voluntary delisting of its ordinary shares from the Toronto Stock Exchange (the 'TSX'). The delisting is intended to be effective as of the close of trading on June 18, 2025. The ordinary shares in the Company will continue to trade on the Main Market of the London Stock Exchange (the 'LSE') under the symbol 'SOLG'. Since SolGold obtained its TSX listing in 2017 to April 30, 2025, while daily trading activity in the Company's ordinary shares on such exchange increased somewhat, it only accounted for less than 3% of the aggregate trading volume on both platforms. As a result of these relatively low trading volumes on the TSX, the Company believes that the financial costs and administrative requirements associated with maintaining its TSX listing are no longer justified. Shareholder approval is not required for the delisting because the Company's ordinary shares trade on the LSE, which is an acceptable alternative market in accordance with Section 720(b) of the TSX Company Manual. Additional Information for Shareholders on SolGold's Canadian Registrar Following the delisting from the TSX, Canadian shareholders holding shares with their broker ('CDS participant') and wishing to trade their shares on the LSE will need for such shares to be made eligible to be transferred and settled through CREST, the United Kingdom ('UK') based share transfer and settlement system. CDS participants may initiate instructions to Computershare Trust Company of Canada ('Computershare') via its xSettle web service. Shares cannot be transferred and settled through CREST until a shareholder's CDS participant broker or the shareholder initiates a cross-border request. If the shares are held in certificated or Direct Registration form, as applicable, shareholders may instruct Computershare to arrange for the shares to be held by a CREST participant broker. This can be done by completing a 'Register Removal Request - Canada to United Kingdom' form, with valid CREST participant account details, and submitting such form to Computershare via email at [email protected]. For any questions on this process please contact Computershare's global transaction unit by phone at +1 (877) 624-5999. The Company intends to maintain CDS eligibility for its shares until July 18, 2025 in order to allow Canadian shareholders time to complete the process contemplated above. CONTACTS ABOUT SOLGOLD SolGold is a leading resources company focused on the discovery, definition and development of world-class copper and gold deposits and continues to strive to deliver objectives efficiently and in the interests of shareholders. See for more information. Follow us on X @SolGold_plc. CAUTIONARY NOTICE News releases, presentations and public commentary made by SolGold plc (the 'Company') and its officers may contain certain statements and expressions of belief, expectation or opinion which are forward looking statements, and which relate, inter alia, to the Company's plans to delist its ordinary shares from the TSX and the timing thereof, interpretations of exploration results to date and the Company's proposed strategy, plans and objectives or to the expectations or intentions of the Company's Directors, including the plan for developing the Project currently being studied as well as the expectations of the Company as to the forward price of copper. Such forward-looking and interpretative statements involve known and unknown risks, uncertainties, and other important factors beyond the control of the Company that could cause the actual performance or achievements of the Company to be materially different from such interpretations and forward-looking statements. Accordingly, the reader should not rely on any interpretations or forward-looking statements, and save as required by the exchange rules of the TSX and LSE or by applicable laws, the Company does not accept any obligation to disseminate any updates or revisions to such interpretations or forward-looking statements. The Company may reinterpret results to date as the status of its assets and projects changes with time expenditure, metals prices and other affecting circumstances. This release may contain 'forward looking information'. Forward looking information includes, but is not limited to, statements regarding the Company's plans for developing its properties. Generally, forward looking information can be identified by the use of forward- looking terminology such as 'plans', 'expects' or 'does not expect', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates' or 'does not anticipate', or 'believes', or variations of such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will be taken', 'occur' or 'be achieved'. Forward looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward looking information, including but not limited to: transaction risks; general business, economic, competitive, political and social uncertainties; future prices of mineral prices; accidents, labour disputes and shortages and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, risks relating to the ability of exploration activities (including assay results) to accurately predict mineralization; errors in management's geological modelling and/or mine development plan; capital and operating costs varying significantly from estimates; the preliminary nature of visual assessments; delays in obtaining or failures to obtain required governmental, environmental or other required approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; the global economic climate; fluctuations in commodity prices; the ability of the Company to complete further exploration activities, including drilling; delays in the development of projects; environmental risks; community and non-governmental actions; other risks involved in the mineral exploration and development industry; the ability of the Company to retain its key management employees and skilled and experienced personnel; and those risks set out in the Company's public documents filed on SEDAR+ at Accordingly, readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. The Company and its officers do not endorse, or reject or otherwise comment on the conclusions, interpretations or views expressed in press articles or third-party analysis. SolGold plc UK Company No. 5449516 ARBN 117 169 856 Email: [email protected] Website: Corporate Postal Office: PO Box 7059, Cloisters Square PO, Perth, WA 6850 Australia Registered office: 1 Cornhill, London, EC3V 3ND, UK Phone: +44 (0) 20 3807 6996 This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit SOURCE: SolGold PLC press release
