At the IBC show in Amsterdam last week, a London-based company called WiNetworks demo'd a WiMAX-based solution designed to provide satellite TV providers with a two-way broadband network over which they can offer triple-play services, including not only voice and data, but VOD and other two-way interactive TV applications (note: the solution could also be used to enable local ad insertion). The solution, which enables an always-on return path, is based on the company's patented "Hybrid WiMAX DVB" (HWDV) technology, which it says allows satellite operators to leverage their existing customer premises infrastructure (dish, set-top box, coax wiring, etc.) to deploy a WiMAX broadband wireless network at very low cost. WiNetworks says that it is the first company to use the new WiMAX protocol (IEEE 802.16 d/e) to deliver a solution uniquely designed for the DBS industry (note: WiMAX is a new broadband wireless standard backed by around 300 telecom technology and service providers). "The DBS carriers have recognized the need to expand beyond their existing satellite infrastructure in order to deliver broadband triple-play services," WiNetworks CEO, Effi Atad, said in a prepared statement. "Our innovative solution will do for DBS what HFC did for cable, and will make DBS operators the third and most effective broadband access channel to the home. Over time WiMAX' ability to deliver fully integrated fixed and mobile connectivity services will provide DBS carriers with an advantage over CATV and Telcos."
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...