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Pivotal CommWave raises $50 million to scale midband
Rakuten Mobile: 2.5 million customers applied for free unlimited mobile
KT: 5G customers accounted for 25% of total handsets
Rumor: SPAC deal values electric plane manufacturer at nearly $5.7 billion
Video game hardware sales 144% higher than January 2020; $319 million
Quantum computing VC deals for startups rose 46% to 37 in 2020.
By The Numbers
“Millimeter-wave network equipment company Pivotal CommWare has raised $50 million in new funding that aims to help the company scale and support midband spectrum along with mmWave bands.” , Source: RCRWireless
“Japanese mobile operator Rakuten Mobile announced that 2.5 million customers had applied for a free unlimited mobile offer by Feb. 8.” Source: RCRWireless
“Korean operator KT ended 2020 with a total of 3.62 million subscribers in the 5G segment, the telco said in its earnings statement.
In the last quarter of 2020, the KT added around 810,000 5G customers, while total 5G additions for full 2020 amounted to 2.2 million.
The telco highlighted that 5G customers accounted for 25% of total handset customers by the end of the last quarter of 2020.” Source: RCRWireless
“One year after nabbing $590 million from investors led by Toyota, and a few months after picking up Uber’s flying taxi business, Joby Aviation is reportedly in talks to go public in a SPAC deal that would value the electric plane manufacturer at nearly $5.7 billion.
News of a potential deal comes on the heels of another big SPAC transaction in electric planes (for Archer Aviation). If the Financial Times’ reporting is accurate, then that would mean the two will soon be publicly traded at a total value approaching $10 billion..” Source: TechCrunch
‘“Gamers in the United States spent a lot of money on hardware last month, according to industry-tracking firm The NPD Group.
“Sales of video game hardware were 144% higher than January 2020, reaching $319 million,” NPD analyst Mat Piscatella said. “This is the highest total for a January month since the $323 million achieved in January 2011.”’ Source: VentureBeat
“While the number of venture capital deals for quantum computing startups rose 46% to 37 in 2020 compared to 2019, the total amount raised in this sector fell 12% to $365 million.” Source: VentureBeat