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Associated Press
28-04-2025
- Business
- Associated Press
Closing the Digital Divide in the United States
AVEALTO and TPT Global, a US based publicly traded telecom and multimedia company, have entered into an MOU agreement, which we anticipate will lead to a business collaboration to serve these unserved regions using AVEALTO's transformative terrestrial wireless infrastructure technology. London, England, United Kingdom, April 28, 2025 -- Telecommunicatuions Satellites are too expensive to close the digital divide in remote unserved regions of the United States. AVEALTO and TPT GLOBAL have a plan. LONDON – APRIL 28, 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'), which are designed provide telecom and internet capacity in unserved and underserved regions in order to help close the digital divide worldwide. Most people consider the 'Digital Divide' a problem for less developed countries. The United State however has large regions that are served only via expensive and low quality telecom satellites and the majority of the people living in these regions do not have routine access to internet. The states of Arizona, New Mexico, Utah, Wyoming, Idaho, Montana and Colorado all have large regions with no terrestrial telecommunications links. In the Eastern part of the United States, large portions of West Virginia Kentucky and Tennessee also lack service. AVEALTO and TPT Global, a US based publicly traded telecom and multimedia company, have entered into an MOU agreement, which we anticipate will lead to a business collaboration to serve these unserved regions using AVEALTO's transformative terrestrial wireless infrastructure technology. ' TPT GLOBAL is an innovative company whose previous business activities give it a deep understanding of providing telecommunications services to remote and underserved regions. Walt Anderson – Managing Director, AVEALTO Limited In regions served only via telecommunication satellites, AVEALTO Wireless Infrastructure capacity is expected be as much as 75% lower in cost than LEO, MEO or GEO satellites and provide a higher quality of service (lower latency, higher availability and lower bit error rate). TPT GLOBAL will collaborate with AVEALTO to obtain the regulatory approvals needed for operation in the United States. This disruptive technology could fully close the Digital Divide in the United States. SOURCE: AVEALTO Ltd. For additional information contact: Thomas A. Olson - Director of Business Development [email protected] +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. Website: Release ID: 89158432 In the event of encountering any errors, concerns, or inconsistencies within the content shared in this press release, 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 dedicated team will be readily accessible to address your feedback within 8 hours and take appropriate measures to rectify any identified issues or facilitate press release takedowns. Ensuring accuracy and reliability are central to our commitment.
Associated Press
05-03-2025
- Business
- Associated Press
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.
