WaveMax to Implement World’s First Shared WiFi6 Network | New
AUSTIN, Texas, June 30, 2021 / PRNewswire / – WaveMax Corporation®, the pioneer of the world’s first shared WiFi network, was selected by TelcoDR for its most innovative mobile technologies showcase at the Mobile World Congress in Barcelona (Stand # 1242 West). WaveMAX will preview the launch of the world’s first shared WiFi6-5G network soon in new York.
WaveMax’s patented SharedFi technology enables a shared network of WiFi access points and small cells. The user has access to this shared network and, if he has subscribed to it, will be impacted by geolocated advertising. These ads are configured by advertisers using WaveMAX dashboards targeting, manually or programmatically, the right audience, at the right time and in the right place. Advertisers can seamlessly optimize their advertising investment without fraud or invasion of user privacy, and analyze aggregated data and results. The user can also pay for an ad-free subscription service, or have the service included as part of their data plan with roaming agreements. Access points and small cell owners receive a share of advertising, subscription or roaming revenues.
Cuentas, a FinTech company targeting the underbanked, signed a contract to deploy SharedFi at 170 test sites in the New York City-Tristate area. If the 6-month test is successful, the parties plan to install 1,000 additional “Bodega Stores” in a 50/50 joint venture. The service will enhance the customer experience in the Bodega store, automatically connecting it to WiFi6 broadband internet and receiving special in-store offers. Users will also receive promotions for the Cuentas GPR card and discounted products sold through the Cuentas mobile app.
Execon, a WiFi managed services company, will implement WiFi6 infrastructure, manage and monitor high speed internet at selected Bodegas stores. “Execon will connect participating Bodegas in New York, and Cuentas will connect customers to savings and greater value using the WaveMAX platform. Said the CEO of Execon, Pedro Noriega.
“The WaveMax mobile ecosystem will enable an enhanced user and shopping experience, with purchase discounts and rewards for Cuentas customers, which will help increase new net revenue. mentionned Arik Maimon, CEO of Cuentas.
“Our WiFi6-5G sharing ecosystem is certainly creating new revenue and savings opportunities for all participants.” confirmed Eduardo Velasco, CEO of WaveMAX.
About WaveMax Corporation
WaveMax is a WiFi-5G sharing company leveraging US patented technology to create an ecosystem monetizing mobile interactions between carriers, retailers, vendors, applications and users. The WaveMax ecosystem in 2020 has supported over 50 million Wi-Fi accesses and it is growing rapidly, creating new synergies and network effects.
Cuentas, Inc. (Nasdaq: CUEN & CUENW) is a FinTech banking and e-commerce provider with proprietary technology aimed at providing solutions to the underbanked and unbanked Hispanic and Latino population. Its services include, but are not limited to, mobile banking, online banking, prepaid debits, ACH and mobile deposits, remittances, peer-to-peer money transfers, and access to bank accounts. for customers who previously could not get bank accounts.
Execon is a Managed Wi-Fi and Infrastructure as a Service (IASS) provider serving more than 20,000 locations and convenience stores in the United States and Mexico.
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