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The mobile communications industry body, GSMA has named 18 new growth companies to the ‘GSMA 100’.
TheNewsGuru (TNG) reports the GSMA 100 is a global innovation discovery initiative designed to identify the world’s most promising growth-stage companies and advance the next generation of connectivity and digital services.
The new companies named after AppOnBoard, Cinarra, Cloudify, CUJOAI, DefinedCrowd, Genus AI, Invisible Systems, IoTium, Jiminy, and KaiOS.
Others are Limitless, Litmus Automation, Lumina Networks, Messagenius, SecureHome, UserTribe, Vilynx, and Zeotap.
“The GSMA 100 companies are leaders in categories that are poised to drive digital transformation and industry growth.
“We look forward to working with these companies to unlock business development and investment opportunities and champion innovation in our industry,” said Laxmi Akkaraju, Chief Strategy Officer, GSMA.
According to GSMA, the selected 18 new companies focused on key innovation priorities, including 5G, AI, data analytics, consumer experience, IoT and cybersecurity.
TNG reports the GSMA 100 is nominated by GSMA operator members, ecosystem partners and leading technology investors and primarily comprises growth-stage, venture-backed companies, some of which are operator portfolio companies.
The latest additions to the GSMA 100 represent corporate venture investments by companies including AT&T, KPN Ventures, Reliance Jio, Singtel Innov8, SoftBank and Verizon.
The GSMA 100 represents the innovation priorities of mobile operators around the world.
Companies are referred into the programme through investment and key partners.
Contributors to the GSMA 100 to date include: América Móvil, Blumberg Capital, British Telecom, China Mobile, Deutsche Telekom, EIT Digital, Etisalat, Telecom Italia, HV Holtzbrinck Ventures, and KPN Ventures.
Others are MegaFon, MTN Group, Orange, Rogers Communications, Sony Innovation Fund, Telefónica, Telenor Group, Telstra Ventures, US Cellular and Vodafone, among others.