WaveMax, the pioneer of the world's first shared WiFi network, announced that it was selected by TelcoDR as part of their most innovative mobile technologies showcase during MWC in Barcelona.
WaveMAX will offer a preview of the world's first WiFi6-5G shared network launching soon in New York.
WaveMax's SharedFi patented technology allows for a shared network of WiFi access points and small cells. The user has access to this shared network and, if he has opted in, be impacted with location-based advertising. These ads are configured by advertisers using WaveMAX's dashboards targeting, manually or programmatically, the right audience, at the right time, and the right place. Advertisers may transparently optimize their advertising investment with zero fraud and no user privacy invasion, and analyze aggregated data and results. The user may also pay an ad-free subscription service, or have the service be included as part of their data plan with roaming agreements. Access points and small cell owners receive a share of the ad, subscription or roaming revenue.
Cuentas, a FinTech company targeting the underbanked, signed a contract to rollout SharedFi in 170 test locations in the New York City-Tristate area. If the 6 month test is successful, the parties will plan to install1,000 additional "Bodega Stores" in a 50/50 joint venture. The service will enhance the customer experience while in the Bodega store, by automatically connecting them to WiFi6 high speed internet and receive special in-store offers. Users will also receive promotions for the Cuentas GPR card and discounted products sold through the Cuentas Mobile App.
