I'm trying to reconcile the fact this sounds like BS with the fact they just raised 110m from Vodaphone et al. In this vodaphone press release[0] they say it's

I'm trying to reconcile the fact this sounds like BS with the fact they just raised 110m from Vodaphone et al. In this vodaphone press release[0] they say it's not just an investment but also a strategic partnership. The founder is Abel Avellan. He previously ran Emerging Markets Communications, Inc. I can't tell if they are still in operation, but it looks like they have folded. I found some old paid press releases[1] claiming they were going to revolutionize cloud computing in Africa with SpeedNet, boasting zero latency with 100mb/s transfer speeds over existing satellite links. Best I can tell, it was just a thin client. It is "zero" latency 100mb/s because it all runs on the same servers. Very deceptive. There is a whole slew of related companies. They all seem to make use of paid press releases and similar promotional stunts. They tend to be located in cheap rental offices in Florida, at addresses also used by hundreds of other corps. I'm on my phone so I didn't go deep, but there is a clear pattern. Exaggerated announcements of technology breakthroughs, which never materializes. I guess they upped their game and managed to put on a good enough show to get a sizeable investment. I imagine it's an easier technical problem when the weak transmitter is in space, probably with a directional antenna, with no nearby sources of interference. All very much unlike a real environment. [0] https://investors.vodafone.com/news-releases/news-release-details/vodafone-rakuten-lead-investors-spacemobile https://investors.vodafone.com/news-releases/news-release-de... [1] https://www.businesswire.com/news/home/20120524005227/en/Emerging-Markets-Communications’-SpeedNet-Named-“Most-Transformative https://www.businesswire.com/news/home/20120524005227/en/Eme...