Mobile Networking Disruption: Rakon's AI Components Poised for Telco Competition
Tuesday, 27 August 2024, 14:42
Mobile Networking Trends Shift with Rakon's AI
As mobile networking continues to evolve, Rakon's latest shift shows promise in AI technology. The company, known for frequency control, has announced it is banking on new AI components to rejuvenate its sales.
Forecasts Show Optimism
Rakon predicts its new range of AI products will significantly challenge the telco market, as outlined in their recent EBITDA expectations of $5M to 15M by March 2025, down from $13.5 million in 2024. This pivot signifies a broader trend in mobile technology.
- Auckland-based Rakon focuses on innovative networking technologies.
- AI components are expected to capture market share from telcos.
- A new focus could reshape the industry's approach to mobile solutions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.