Technological Advancements are Disrupting Traditional Media

NEW YORK, August 2, 2018 /PRNewswire/ --

New technologies are expected to change the telecommunications and media market. A research report by Deloitte indicates that the initial commercial rollout of the fifth-generation wireless network technology (5G) is expected to connect the various sectors of mobile technology, such as the Internet of Things (IoT), autonomous vehicles, and mobile media. As 5G enters the scene, many telecom carriers are looking to increase their presence in the media space through M&A deals and partnerships. With the sheer number of applications that 5G could potentially support, Deloitte projects a strong impact on the entire mobile ecosystem and economy overall. It is projected to surpass 4G's arrival, when GDP grew over USD 150 Billion and over 370,000 new jobs were created. The report specifies that mobile and video content represent some of the most significant consumer uses of 5G and therefore, the expansion into the content business is only natural for carriers seeking growth. There are several possible approaches to the media segment, such as buying major media houses or purchasing smaller-scale TV distribution technology with the intent to bring it to scale. The objective however, is the same: deliver content to any screen through wireless distribution. TPT Global Tech, Inc. (OTC: TPTW), Qualcomm Technologies Inc. (OTC: QCOM), AT&T Inc. (NYSE: T), Sprint Corp (NYSE: S), Quantenna Communications, Inc. (NASDAQ: QTNA)

Reliance on traditional distribution channels is becoming more problematic for business, as the popularity of subscription services continues to grow exponentially. According to Deloitte, in the third quarter of 2017 alone, one Million US viewers canceled their multichannel subscription television services, instead preferring a combination of broadband Internet and IPTV, digital video recorders, digital terrestrial television broadcasts, or free-to-air satellite television. "These viewers clearly represent an enormous opportunity for media companies nimble enough to meet their needs. In response to these trends, media companies are increasingly going direct-to-consumer with their own digital streaming services. For example, Disney recently acquired a tech firm that will help it launch its own streaming services, ending its distribution agreement with Netflix," Deloitte explained.

TPT Global Tech, Inc. (OTC: TPTW) earlier today announced breaking news that, "the acquisition of Surfin Cycle, with the intent of selling Joint Venture opportunities for the tech-based electric scooter. The electric scooter business is one of the fastest growing markets and TPT Global plans to equip each scooter with their proprietary ViewMe Live app.  The scooter will have SaaS technology and turnkey operations with everything built-in to make it as simple as possible for partners to enter the electric scooter market.  The ViewMe Live app will allow franchisees to track user activity, generate revenue and allow riders to live stream their experiences.  

"We believe in addition to being an incredible opportunity for investors who want to get in on the market established by Bird and Lime, Surfin Cycle with ViewMe Live will allow TPT to grow our user base and create an on-line content community surrounding the Surfin Cycle experience," said Stephen Thomas, President and CEO, TPT Global Tech.  

TPT will be launching a home base operation in San Diego that will allow a live three day training for partners so they are prepared to launch their business. Surfin Cycle works by selling Joint Venture opportunities to hotels, cruise ships and other proprietor led businesses who want to participate in the current electric scooter phenomenon.  

Stephen also believes, "The Surfin Cycle Joint Venture opportunity aligns perfectly with TPT Global Tech's focus on using technology to enhance the consumer experience by creating targeted content, utilizing innovative technology solutions and using the data received to continually improve our products. Through the launch of the Surfin Cycle Joint Venture opportunity, we continue to fuel TPT Global's growth and will enhance our ability to deliver unique and high-performing content while generating revenues and subscriber fees in a variety of unique ways unlike anyone else in the marketplace."  

TPT Global Tech maintains its commitment to invest in innovative, forward-thinking technology and content companies."

Qualcomm Technologies Inc. (NASDAQ: QCOM) invents breakthrough technologies that transform how the world connects, computes and communicates. The Company recently announced collaboration on 5G NR Interoperability and Development Testing in 3.5 GHz band based on 3GPP Release 15 specifications. The testing will utilize 3GPP 5G NR spec compliant base stations from Datang Mobile and user equipment from Qualcomm Technologies. A 5G NR IODT is a foundation to enable the interoperability between the UE, radio access network and the core network, and an essential step toward 5G commercialization and deployment at scale. The IODT between Qualcomm Technologies and Datang Mobile aims to accelerate the rollout of 5G NR commercial deployments in 2019. As a "national player" in the telecommunications industry, Datang Mobile has boasted comprehensive deployments in 5G key technologies, standardization, industrial upgrading, and ecosystem construction, leveraging its rich experiences in 3G and 4G. "Qualcomm Technologies is committed to the continued success of China's wireless industry, and we are excited to work with Datang Mobile to accelerate 5G commercialization in China," said Durga Malladi, Senior Vice President, Engineering, Qualcomm Technologies, Inc.

AT&T Inc. (NYSE: T) is a diversified, global leader in telecommunications, media and entertainment, and technology. AT&T Inc. has completed its acquisition of Time Warner Inc., bringing together global media and entertainment leaders Warner Bros., HBO and Turner with AT&T's leadership in technology and its video, mobile and broadband customer relationships. Its broadly distributed, robust premium content portfolio combines leading movies and shows from Warner Bros., HBO and Turner, along with more targeted digital content from Bleacher Report, FilmStruck and AT&T's investment in Otter Media, among others. "The content and creative talent at Warner Bros., HBO and Turner are first-rate. Combined with AT&T's strengths in direct-to-consumer distribution, and we offer customers a differentiated, high-quality, mobile-first entertainment experience," said Randall Stephenson, Chairman and CEO of AT&T Inc. "We're going to bring a fresh approach to how the media and entertainment industry works for consumers, content creators, distributors and advertisers."

Sprint Corp (NYSE: S) is a communications services company. Sprint has joined NXM Labs to launch a 5G-Ready Connected Car Platform combining high-speed, on-demand passenger Wi-Fi with advanced vehicle health monitoring and safety. This includes the first blockchain powered Internet-of-Things security system that guards against hackers. The NXM platform includes a powerful automotive router that keeps people connected on the road, and through mobile apps, helping to save money and keep track of vehicle performance and location. Features include maintenance reminders, preventive notifications, scheduling and booking service appointments. The platform will provide on-demand, unlimited high-speed Wi-Fi connectivity, powered by the Sprint LTE network that's ready for even faster speeds and more capacity when Sprint 5G service begins in the first half of 2019. "Through the power of blockchain technology, NXM provides an advanced level of security and advanced capabilities to vehicles that might not otherwise have it, even extending Wi-Fi," said Ivo Rook, SVP of IoT for Sprint. "With the power of Sprint's high-speed LTE and upcoming 5G network behind the technology, consumers will be able to experience the latest in automotive technology, even in early-model vehicles."

Quantenna Communications, Inc. (NASDAQ: QTNA) is the global leader and innovator of high-performance Wi-Fi solutions. The Company recently announced that the QSR10GU-AX Plus, a new enhanced solution targeting gateways and access points based on the draft IEEE 802.11ax standard, is now sampling to select customers. Building upon Quantenna's pioneering QSR10G-AX Wi-Fi platform, QSR10GU-AX Plus offers unique capabilities, including Adaptive 5 GHz, SuperTx and ESP, providing significant performance gains across a variety of home configurations. The QSR10GU-AX Plus can operate concurrently in both 8x8 MIMO in the 5 GHz band and 4x4 MIMO in the 2.4 GHz band supporting a total of 12 streams. "With the QSR10GU-AX Plus, Quantenna once again leads the market with a highly differentiated product that showcases our rich history of innovation enabling solutions that address our customers' future needs," said Dr. Sam Heidari, Chairman and Chief Executive Officer of Quantenna.

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