Samsung Electronics and Versatel announce the successful launch of the first ADSL2+ full IP triple play service (TPS) network in the world. In the Netherlands, Samsung realized this fast next generation network for communications network operator Versatel that is able to offer the first triple play service through ADSL2+ to the Dutch market, now. A state of the art ADSL2+ network can provide services with speeds up to 24 Mbps. In this case, ADSL2+ enables Versatel to offer much faster and richer multi play services than providers using regular ADSL networks. Raj Raithatha, Chief Executive Officer of Versatel, stated: "Versatel is the first Dutch operator that provides multi media services over ADSL2+. Our ADSL2+ network has given us the necessary bandwidths to transmit television, video, telephony and internet services through a single copper line, thus giving Versatel a leading role in the introduction of new multi play services in the Netherlands. Given the tight time frame and the innovative character of the services, Samsung has proven to be a dedicated and reliable partner in the roll out of ADSL2+ in the Netherlands".
Alternative Payment Methods (APMs) – comprising digital wallets, instant payments, and QR payment systems – are experiencing explosive growth that's reshaping the global financial services marketplace. According to the latest worldwide market study by ABI Research , the combined global transaction value for APMs is projected to reach $142 trillion by 2030. What's particularly fascinating is the underlying driver behind this trend: a growing desire for financial sovereignty, with nations developing domestic payment ecosystems rather than remaining dependent on international financial networks. Payment Ecosystem Market Development In 2024, approximately 45 percent of the global population used digital wallets – a remarkable adoption rate for a technology that barely existed a decade ago. China leads this transition, with 95 percent of its population using WeChat's payment functionality. WeChat exemplifies the "super app" phenomenon, where payment capabilities are in...