Another 286,000 Americans filed, higher than expected and from the previous week
BAKU, AZERBAIJAN / ACCESSWIRE / January 19, 2022 / Following NEQSOL Holding's acquisition of Vodafone Ukraine in 2019, the international holding has worked tirelessly to support the advent of 5G in Ukraine. Although the Holding has many projects and investments in different companies around the world, this represents a strong force in technological improvements in the Eastern European region.
CEO Yusif Jabbarov and UBO Nasib Hasanov, founder and philanthropist, continue to expand NEQSOL's interests in a variety of essential modern industries. The establishment of 5G connectivity in the next two – three years stands at the forefront of one of their most recent portfolio additions.
Support Vodafone Ukraine in Efforts to Expand 5G Coverage
Vodafone Ukraine has already mastered mobile communications and connectivity in the country. However, 5G coverage can become strategic technology for industrial, agricultural, and some commercial operations. These align with the primary interests of NEQSOL Holding, although Vodafone Ukraine also intends to expand into the consumer markets.
CEO Yusif Jabbarov stated in conjunction with the 5G Lab and 5G Smart Factory development that it "Will help turn a simple interest in 5G into commercial demand from business, and then in Ukraine there will be real conditions for the commercial launch of 5G." He went on to explain how NEQSOL Holdings' support of the telecommunication company has allowed it to reinforce its standing as an innovation pioneer. This forms the foundation of the entire holding company's focus now and into the future.
Yusif Jabbarov points to a variety of innovative leaders in a position to collaborate effectively in their target industries. This collaborative expansion benefits the country and industries such as agriculture and manufacturing, but there is still a long way to before these changes are embedded.
Why 5G Benefits Ukrainian Industries
General conversations about improvements, efficiency, and productivity promote the idea of 5G expansion across Ukraine. Specific pilot projects supported by NEQSOL Holding and Vodafone showcase exactly how these investments will benefit the 42 million Ukrainians and their business partners around the globe. As mentioned above, manufacturing and agriculture is a primary focus of this new technology.
Mining, which produces coal, natural gas, salt, sulfur, titanium, nickel, manganese, and other essentials, also benefits. The Poltava GOK uses unmanned vehicles and smart technology for its quarrying processes. 'Smart plant' plans are currently in development for the Kharkov Svet Shakhtyora plant, which intends to automate much of the mining equipment production. These improvements would not be possible without 5G technology.
A variety of industrial and agricultural uses obviously benefit any country from an economic standpoint. However, technologies such as 4G and 5G wireless communication also provide advantages for the average citizen when it comes to quality of life. Vodafone Ukraine has been promoting the concept of smart cities, smart transportation, and smart parking since 2019, when NEQSOL Holding took control.
This push for systemic digitalization offers steadfast improvements in the way cities provide for their residents. The Internet of Things (IOT), in-depth data analysis, artificial intelligence, and machine learning, as well as increased computational power offered by new technology, have already infiltrated urban technology and infrastructure systems.
The only way all of this can function efficiently and continue to grow into a brighter future is with 5G connectivity. This advancement in wireless communication will make data transfer 15 to 20 times faster than commonly used high-speed systems today. In order to make improvements from remote control of vehicles and robotic surgery to safe mining practices, the types of 5G systems supported by Vodafone Ukraine and NEQSOL Holding are necessary.
A Wealth of 5G Application Options
With the support of NEQSOL Holding, Vodafone Ukraine can invest in the deployment of 5G in the next two to three years & continues to shape the demand for 5G solutions in different industries. Not only does this keep the Eastern European country connected and competitive with the rest of the developed world, but it allows the country to excel in a variety of up-and-coming digital improvements taking place globally.
These align specifically with the interests of the holding company's expansion efforts in the energy, high tech, construction, and telecommunications sectors. The 5G networks allow for the adoption of smart buildings like industrial factories, retail shops and other commercial spaces, residential communities, and entire cities seek improved efficiency and convenience. High-speed and volume capabilities also allow for more precise and productive agriculture of Ukraine's main crops of corn, winter wheat, barley, and sugar beets. Residents will also benefit from improved educational opportunities and medical care both on-site and through telehealth systems.
About NEQSOL Holding
NEQSOL Holding is a group of companies involved in the energy, construction, telecommunications, and other high-tech industries. The group of companies operates in the UK, the US, Turkey, Azerbaijan, Kazakhstan, the UAE, and more.
NEQSOL Holding includes companies in the energy industry registered in the UK, such as Nobel Oil Services (UK) Limited and Nobel Oil E&P (UK) Limited (trade name-Nobel Upstream). Located in London, Nobel Upstream owns shares of oil and gas fields and operates in the United Kingdom, the United States, and Azerbaijan. Subsidiaries of Nobel Oil Services (UK) Limited conduct business in such countries as Azerbaijan, Turkey, and Kazakhstan. The group has established joint companies with international conglomerates like KCA Deutag, Wood Group, etc..
In the telecommunications sector, the group includes companies providing mobile, leased line, and data center services, as well as international transit, wholesale e-commerce, and more. Among the main assets of NEQSOL Holding in this field are Vodafone Ukraine and Bakcell. In 2018, the group launched a project to create the Digital Silk Way connecting Europe and Asia.
Norm, the largest cement producer in the South Caucasus, represents the group in the construction materials market.
Contact
NEQSOL Holding
media@neqsolholding.com
LinkedIn
Twitter
SOURCE: NEQSOL Holding

View source version on accesswire.com:
https://www.accesswire.com/684626/NEQSOL-Holding-On-Supporting-5G-Technology-RD-In-Ukraine

Finding a middle ground between individual empowerment and mass market ease-of-use.
Kavita Gupta said in an expanded version of a Dec. 31 complaint that ConsenSys AG had created a “toxic” work environment and demanded $30 million in monetary damages.
The company said it's expecting a bump in full-year profitability due to less severe currency headwinds.
Disney reorganized its global direct-to-consumer streaming organization, including installing Joe Earley, formerly head of Disney Plus marketing and operations, as president of Hulu. As part of the reorg, Disney is creating a new hub for international content creation under the direction of Rebecca Campbell as chairman, International Content and Operations. She previously held the title […]All of the serum samples tested presented neutralizing antibodies against the ancestral virus and Delta variant, it said, while 87% of samples did so against the Omicron variant. "We are extremely pleased with these results," said Chief Medical Officer Juan Carlos Jaramillo in a statement, noting that these added to an earlier Phase III trial that showed improved immune response with two doses of the VLA2001 candidate. Valneva expects to receive potential approvals for its vaccine within the first three months of 2022, and is providing data to the European Medicines Agency (EMA) as well as regulators in the UK and Bahrain.
A wildfire in a central Texas state park is no longer growing and no injuries were reported after the blaze, suspected to have been caused by a prescribed burn, charred 783 acres. (Jan. 19)
The yield-sensitive Nasdaq Composite Index on Wednesday logs its first close in correction territory since March. Here's what history says happens next.
Both Palantir and Snowflake have experienced heavy sell-offs as technology stocks undergo a correction.
Let’s talk about quality stocks. Of course, this is the direction that every investor wants to go; but the question is, how to recognize them? Do we go all-in on the big-value, big-name giants? Or do we dig a little deeper, and find the high-end nuggets that are hiding in the sandheap? Weighing in from investment bank Morgan Stanley, chief investment officer Lisa Shalett recommends the latter. She recommends investors to look for beaten-down stocks, equities that have lost value recently – but t
Nvidia (NASDAQ: NVDA) owned the discrete graphics card market in 2021, and its efforts to boost supply didn't give rival Advanced Micro Devices (NASDAQ: AMD) even an inch in this lucrative space. Jon Peddie Research points out that Nvidia was the only graphics card manufacturer that increased its shipments in the third quarter of 2021. For comparison, Nvidia had an 82% share of the discrete GPU market under its control at the end of the fourth quarter of 2020.
Though crashes and corrections are inevitable, they're also an ideal opportunity to buy great stocks at a discount.
Select analysts and investment banks see "high" return potential for these cannabis stocks.
Boeing Co's steady climb out of successive crises – among the worst in U.S. corporate history – gained momentum last week when it won the 2021 jet order race https://www.reuters.com/business/aerospace-defense/boeing-wins-annual-jet-order-race-adjusted-basis-2022-01-11 against rival Airbus SE on an adjusted basis with a 737 MAX sales blitz. But closely watched orders and deliveries https://www.reuters.com/business/aerospace-defense/airbus-vs-boeing-orders-deliveries-2021-2022-01-11 have underscored the industrial and regulatory currents still facing its bigger 787 Dreamliner and 777X flagships – issues that have left Boeing fighting concurrent battles on both sides of the Atlantic. Regulators in Europe are challenging the safety net built in to 777X flight controls and deliveries of the 787 are expected to remain frozen until around April as U.S. regulators review production flaws, senior industry and government sources said.
Reconnaissance Energy Africa Ltd. (the "Company" or "ReconAfrica") (TSXV: RECO) (OTCQX: RECAF) (Frankfurt: 0XD) is pleased to provide an update on operations and appoints two new directors to its board, Craig Steinke and Dr. Joseph Davis, effective immediately. Mr. Steinke will assume the role of Executive Chairman.
Bond yields are down and the tech-heavy Nasdaq is heading out of correction territory. For Chinese tech stocks, there's another factor at play.
Shares of Ford Motor Company (NYSE: F) were trading down on Wednesday, after the company previewed a series of one-time items it expects to report with its fourth-quarter earnings. As of 1 p.m. ET, Ford's shares were down about 7.2% from Tuesday's closing price. At first glance, Ford's preview, released after the U.S. markets closed on Tuesday, was good news.
The lofty gains that Global-E (NASDAQ: GLBE) had racked up last year are coming undone in grandiose fashion. Global-E is a fast-growing e-commerce software company, providing tools for merchants that want to sell internationally. As digital buying and selling picks up steam in emerging markets, Global-E's revenue has soared.
History suggests market dips are a great time to buy stocks, but not all individual companies are created equal.
Electric vehicles are quickly taking market share in the auto space and there are opportunities beyond hot stocks like Lucid Group.
Inflation is red-hot. Keep up with these dividend growers.

source