Thursday, November 15, 2018

Major US telco company acquires Vricon to boost 5G rollouts

KUALA LUMPUR, Nov 15 (Bernama) – A major telecommunications company in United States has recently acquired Vricon’s high-resolution 3D geodata to support large-scale 5G telecommunications network planning and design.

According to a statement, under the multimillion-dollar contract, Vricon will provide the firm with 3D data of urban and suburban population centers across the US.

The company will also leverage Vricon’s recent innovations in mapping to accelerate 5G infrastructure planning nationwide.

Chief executive officer of Vricon, Magnus Brege said they see the potential in 5G to spark major innovations for both the consumer and business markets.

Vricon’s unique big-data solution uses the world’s largest archive of 50cm commercial satellite imagery -- the solution is built using automated 3D modeling algorithms that create cost-effective and scalable geodata.

By adopting Vricon’s unique mapping technology, telecommunications companies accelerate their network designs while also passing along cost savings to consumers.

Vricon’s Telco Suite is a cost-effective, next-generation solution that helps telecommunications companies design networks for optimal performance. The solution is scalable and covers regional, country, metropolitan and city-specific planning needs.

The leap to 5G will reduce latency in networks, make network speeds 10 times faster, expand coverage and increase capacity. These combination will enhance mobile connectivity, unlock the potential of the Internet of Things and enable vehicle safety systems while empowering driverless cars.

Vricon is headquartered in McLean, Virginia, US – serving the global professional geospatial market with world-leading 3D geodata and 3D visualization solutions. More details at http://www.vricon.com

-- BERNAMA

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