EDINBURGH, Scotland--(BUSINESS WIRE)--Mar 3, 2025--
pureLiFi, the global leader in LiFi technology, has announced the launch of its ground-breaking LINXC Bridge system, at Mobile World Congress Barcelona. Developed with Solace Power, this innovative solution empowers Fixed Wireless Access ( FWA) broadband providers to deliver self-installable, higher quality and more reliable connectivity to consumers using outdoor Customer Premises Equipment (CPE). With this solution broadband customers will experience much faster installation times, more reliable speeds and an improved user experience.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250303993916/en/
The LINXC Bridge streamlines broadband deployment, eliminating complex installations, significantly reducing subscriber acquisition cost, shortening time to revenue and increasing customer satisfaction. The LINXC Bridge system will be showcased live at the pureLiFi booth (7B27) alongside the latest cutting-edge CPE equipment from demonstration collaborators, Sonim Technologies.
The LINXC Bridge has received significant market interest since pureLiFi and Solace introduced the concept in 2024 and is available today for carrier trials.
"The enthusiastic response from our collaborations with leading global telecom brands validates the transformative potential of the LINXC Bridge System," said Alistair Banham, CEO of pureLiFi. "This latest technology is poised to revolutionise the economics of FWA and broadband deployment worldwide, making high-speed connectivity more accessible, affordable and efficient for broadband suppliers, ultimately improving service and user satisfaction. The market is clearly moving towards LiFi as it will solve connectivity challenges of today and tomorrow."
LINXC Bridge Makes Broadband Deployment Better
The LINXC Bridge leverages pureLiFi's innovative technology, which uses invisible light to transmit data, alongside Solace Power's wireless power capabilities. This unique combination allows for a seamless installation process for outdoor CPE, whether 5G FWA or any other broadband signal, eliminating the time-consuming and expensive need for drilling holes or running cables through walls. Instead, the LINXC Bridge system establishes LiFi communications and wireless power links through a window. Additionally, with the combination of LINXC Bridge and outdoor CPE, network operators benefit from much more efficient use of network infrastructure, increasing capacity many times on sub-6 GHz 5G networks and even more on mmWave.
Leading-Edge Multi-Gigabit LiFi Tech Unveiled
pureLiFi will also showcase its latest multi-gigabit LiFi capabilities, featuring a high speed, low latency 5 Gbps LiFi connection. This demonstration highlights the potential for new consumer and enterprise applications, including ultra-fast gaming, wireless audio/video for soundbars, immersive VR/AR and real-time AI collaborations. The technology is ready for evaluation and promises to deliver ultra-high speeds, ultra-low latency, military grade security and reliability.
A Commitment to Excellence & Innovation
pureLiFi's commitment to innovation and excellence is evident in the development of the LINXC Bridge and the wider ecosystem of LiFi solutions on show. The company continues to push the boundaries of what is possible with LiFi technology, ensuring that its products remain at the forefront of the industry.
For more information and images visit: http://www.pureLiFi.com/MWC25
LINXC Bridge System. (Photo: Business Wire)
NEW YORK (AP) — U.S. stocks are rallying as companies report fatter profits than expected. The S&P 500 climbed 2.6% Tuesday and recovered all of its drop from Monday, which came on worries about President Donald Trump’s trade war and his attacks on the head of the Federal Reserve. The Dow Jones Industrial Average rose 1,021 points, or 2.7%. and the Nasdaq composite climbed 3%. Equifax, PulteGroup and 3M helped lead the way following better-than-expected profit reports. The value of the U.S. dollar also stabilized after sliding against the euro and other competitors, while Treasury yields held steadier in the bond market.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
NEW YORK (AP) — U.S. stocks are rallying Tuesday after companies reported fatter profits than expected, and other U.S. investments are also steadying a day after falling sharply on worries about President Donald Trump’s trade war and his attacks on the head of the Federal Reserve.
The S&P 500 was 2% higher in morning trading and on track to recover most of Monday’s drop. The Dow Jones Industrial Average was up 765 points, or 2%, as of 10:45 a.m. Eastern time, and the Nasdaq composite was 2.2% higher.
The value of the U.S. dollar also stabilized after sliding against the euro and other competitors, while Treasury yields held steadier. Sharp, unusual moves in those markets have recently raised worries that Trump’s policies are making investors more skeptical that U.S. investments still deserve their reputations as the world’s safest.
The only prediction many Wall Street strategists are willing to make is that financial markets will continue to jerk up and down as hopes rise and fall that Trump may negotiate deals with other countries to lower his tariffs. Otherwise, many investors expect the economy to fall into a recession.
The International Monetary Fund on Tuesday slashed its forecast for global economic growth this year to 2.8%, down from 3.3%. But Vice President JD Vance also said he made progress with India's prime minister, Narendra Modi, on trade talks Monday.
Some signs of nervousness remain in financial markets. Gold continued to rise, for example, as it holds onto its reputation as a safer investment when fear is dominating markets.
A suite of better-than-expected profit reports from big U.S. companies, meanwhile, drove U.S. stocks higher.
Equifax jumped 11.8% after reporting better profit for the first three months of 2025 than analysts expected. It also said it would send more cash to its shareholders by increasing its dividend and buying up to $3 billion of its stock over the next four years.
3M climbed 7.6% after the maker of Scotch tape and Command strips said it made more in profit from each $1 of revenue during the start of the year than it expected. The company also stood by its forecast for profit for the full year, though it said tariffs may drag down its earnings per share by up to 40 cents per share.
Homebuilder PulteGroup rose 6.2% after it likewise delivered a stronger profit for the start of 2025 than analysts expected.
It’s been benefiting from the sharp moves in the bond market. The unusual drops for Treasury yields recently are translating into lower rates for mortgages for potential customers. The drops for stock prices that are happening at the same time, though, are likely also scaring potential buyers.
CEO Ryan Marshall said buyers “remain caught between a strong desire for homeownership and the affordability challenges of high selling prices and monthly payments that are stretched.”
Tesla rose 4.1% ahead of its earnings report, which is scheduled to arrive after trading ends for the day. That trimmed its loss for the year so far below 42%.
Elon Musk’s electric car company has already reported its first-quarter car sales dropped by 13% from the year before. It's been hurt by vandalism, widespread protests and calls for a consumer boycott amid a backlash to Musk’s high-profile role in the White House overseeing a cost-cutting purge of U.S. government agencies.
Stocks also showed how Trump’s tariffs could create winners and losers in a remade global economy.
First Solar jumped 13.5% after the U.S. Department of Commerce finalized harsher-than-expected solar tariffs on some southeast Asian communities.
Defense contractors had some of the market's sharpest losses after RTX said U.S. tariffs on Mexican and Canadian imports, along with other products, could mean an $850 million hit to its profit this year. RTX, which builds airplane engines and military equipment, fell 8.4% even though it reported a stronger profit for the latest quarter.
Kimberly-Clark lost 2.2% even though the maker of Huggies and Kleenex likewise reported a better-than-expected profit.
CEO Mike Hsu said that “the current environment will now mean greater costs across our global supply chain” versus what it expected at the start of the year, and the company lowered its forecast for an underlying measure of profit this year.
In the bond market, the yield on the 10-year Treasury eased to 4.39% from 4.42% late Monday.
AP Business Writers Yuri Kageyama and Matt Ott contributed.
Specialist Philip Finale, left, works with traders Patrick Casey, center, and Robert Charmak on the floor of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)
Trader Joe Dente works on the floor of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)
A Donald Trump bobblehead sits on the counter as trader Jonathan Mueller works on the floor of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)
Specialist James Denaro, right, and trader Dylan Halvorsan, center, work on the floor of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)
Traders Drew Cohen, left and Michael Capolino work on the floor of the New York Stock Exchange, Tuesday, April 22, 2025. (AP Photo/Richard Drew)
Currency traders watch monitors near a screen showing the Korea Composite Stock Price Index (KOSPI), top left, and the foreign exchange rate between U.S. dollar and South Korean won, top center, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, April 22, 2025. (AP Photo/Ahn Young-joon)
Currency traders work near a screen showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rate between U.S. dollar and South Korean won, top right, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, April 22, 2025. (AP Photo/Ahn Young-joon)
A currency trader watches monitors near a screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, April 22, 2025. (AP Photo/Ahn Young-joon)