Followers | 2 |
Posts | 1540 |
Boards Moderated | 0 |
Alias Born | 05/06/2017 |
Saturday, November 19, 2022 3:00:51 AM
Source
https://seekingalpha.com/article/4384032-boost-your-portfolio-siyata-mobile-on-way-from-17m-to-250m
Push-To-Talk Over Cellular (PoC)
Before we talk about PoC, let's talk about the legacy competing technology - Land Mobile Radio (LMR) - which provides low bandwidth 2 way communication. LMR is a decade old technology that is used by first responders, bus and truck drivers, oil and gas, logistics, hospital workers and many more. However, LMR is an inefficient solution that offers only limited capabilities.
Chief among its many shortcomings are:
- First, LMR hardware is expensive and its networks are expensive to build and maintain.
- Second, there are more than 10,000 LMR networks throughout the U.S. which are often incompatible thus creating communication barriers amongst users. Third, these networks suffer from limited range and poor coverage.
- Finally, LMR solves only one problem - radio connection to dispatch. Therefore, drivers have to use many other third party devices to deliver everything they need, thus compounding costs and complexity.
FirstNet
The aforementioned limitations of LMR spurred U.S. Congress to create FirstNet, an independent government authority which is being managed and built by AT&T. FirstNet addresses the 9/11 Commission recommendation calling for interoperable communications for all U.S. first responders.
FirstNet is encouraging the use of PoC technology which uses 4G cellular network connections which allows voice communication (instant one-to-one or one-to-many communications), broadband data, and the use of hundreds of different enterprise apps designed specifically for FirstNet (ex. fleet management, time logging, navigation tools etc.).
PTT Users by Network
PTT Users by Network
Both the LMR and PoC markets have been growing and are expected to keep growing in the coming years, albeit, PoC growth is expected to outstrip LMR growth. As is demonstrated below, from 2019 to 2023, the number of PoC users is expected to grow at a 13.6% compound annual growth (CAGR), almost double that of LMR at a 6.5% CAGR.
Choosing PoC over LMR lowers both capital expenditure (no need to apply for bandwidth, rent or buy expensive radio equipment and build a network, and expensive devices) and operating expenditure (no need to maintain radio network)
Recent SYTA News
- Siyata Mobile Announces New Order for Private Security Firm • PR Newswire (US) • 09/19/2024 11:00:00 AM
- Siyata Mobile Achieves Bureau of Indian Standards (BIS) Certification • PR Newswire (US) • 09/12/2024 11:00:00 AM
- Siyata Mobile Achieves Bureau of Indian Standards (BIS) Certification • PR Newswire (Canada) • 09/12/2024 11:00:00 AM
- Siyata Mobile to Showcase PTT Solutions at EMS World Expo September 9 - 13 • PR Newswire (Canada) • 09/09/2024 11:00:00 AM
- Siyata Mobile to Showcase PTT Solutions at EMS World Expo September 9 - 13 • PR Newswire (US) • 09/09/2024 11:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/03/2024 08:45:05 PM
- Siyata Mobile Appoints Campbell Becher to Board of Directors • PR Newswire (Canada) • 09/03/2024 11:00:00 AM
- Siyata Mobile Appoints Campbell Becher to Board of Directors • PR Newswire (US) • 09/03/2024 11:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/23/2024 08:40:20 PM
- Siyata Mobile Expands Presence in Mining Vertical with Order for SD7 Handsets from a Global Mining Company • PR Newswire (US) • 08/23/2024 11:00:00 AM
- Siyata Mobile Expands Presence in Mining Vertical with Order for SD7 Handsets from a Global Mining Company • PR Newswire (Canada) • 08/23/2024 11:00:00 AM
- Spartan Capital Securities Announces Successful Closing of Siyata Mobile Inc.’s $4.0 Million Public Offering of Common Shares and Pre-Funded Warrants • GlobeNewswire Inc. • 08/19/2024 03:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 08/16/2024 04:58:43 PM
- Siyata Mobile Announces New Order from New Customer for SD7 Handsets for Use at Beaches and Waterfronts in California • PR Newswire (Canada) • 08/16/2024 11:00:00 AM
- Siyata Mobile Announces New Order from New Customer for SD7 Handsets for Use at Beaches and Waterfronts in California • PR Newswire (US) • 08/16/2024 11:00:00 AM
- /C O R R E C T I O N -- Siyata Mobile Inc./ • PR Newswire (US) • 08/16/2024 02:11:00 AM
- /C O R R E C T I O N -- Siyata Mobile Inc./ • PR Newswire (Canada) • 08/16/2024 02:11:00 AM
- Siyata Mobile Announces Second Quarter Financial Results • PR Newswire (Canada) • 08/15/2024 11:59:00 PM
- Siyata Mobile Announces Second Quarter Financial Results • PR Newswire (US) • 08/15/2024 11:59:00 PM
- Siyata Mobile Announces Closing of approximately $4.0 Million Public Offering of Common Shares and Pre-Funded Warrants • PR Newswire (Canada) • 08/15/2024 08:30:00 PM
- Siyata Mobile Announces Closing of approximately $4.0 Million Public Offering of Common Shares and Pre-Funded Warrants • PR Newswire (US) • 08/15/2024 08:30:00 PM
- Form 424B4 - Prospectus [Rule 424(b)(4)] • Edgar (US Regulatory) • 08/14/2024 08:42:09 PM
- Siyata Mobile Inc. Announces Pricing of approx. $4 Million Public Offering of Common Shares and Pre-Funded Warrants • PR Newswire (US) • 08/14/2024 01:00:00 PM
- Siyata Mobile Inc. Announces Pricing of approx. $4 Million Public Offering of Common Shares and Pre-Funded Warrants • PR Newswire (Canada) • 08/14/2024 01:00:00 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 08/14/2024 04:15:03 AM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM