Cuentas To Launch WaveMax's SharedWiFI6 Patented Technology In 1,000 US Locations

July 22, 2021 9:12 AM | 1 min read | Make a Comment

Fintech provider Cuentas Inc CUEN inked an agreement to launch WaveMax's SharedWiFI6 patented technology (Wavemax Patent) in 1,000 locations.
The parties will install advanced WiFi6 Access Points and Small Cells in these 1,000 "Bodega Stores" in a 50/50 joint venture.
The rollout will begin in the New York City Metropolitan Area with 500 Locations in NYC, 330 locations in New Jersey, and 170 locations in Connecticut.
They will become Cuentas premium locations near public train stations and mass transit hubs and offer all its products and services on secure networks.
The agreement also includes plans to roll out the service in other areas throughout the U.S.
Price action: CUEN shares traded higher by 22.6% at $4.365 in the premarket session on the last check Thursday.

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