Welcome to our dedicated page for Conx news (Ticker: CNXX), a resource for investors and traders seeking the latest updates and insights on Conx stock.
CONX Corp (CNXX) drives innovation in next-generation connectivity through strategic investments in spectrum-sharing technologies and 5G infrastructure. This news hub provides investors and industry professionals with timely updates on the company's operational developments, regulatory engagements, and market positioning.
Access comprehensive coverage of CONX's business activities including spectrum allocation strategies, partnership announcements, and technology deployments. Our curated feed features official press releases alongside verified industry analysis, focusing on key initiatives like the RED Technologies acquisition and CBRS ecosystem developments.
Key content includes earnings reports, infrastructure project updates, spectrum licensing news, and executive leadership announcements. All materials maintain factual accuracy while avoiding speculative commentary, ensuring reliable information for investment decisions and market analysis.
Bookmark this page for continuous access to CONX's evolving role in shaping telecommunications infrastructure. Check regularly for updates on spectrum innovation, rural broadband solutions, and global connectivity projects that define the company's growth trajectory.
CONX Corp (OTC: CNXX) has announced the acquisition of a controlling interest (68%) in Red Technologies SAS through its subsidiary, RED Tech US, , for a maximum purchase price of approximately EUR 18.6 million in cash. The remaining shares will be acquired based on milestone achievements.
RED Technologies' executive team, including Co-Founders Pierre-Jean Muller (CEO) and Michael Abitbol (COO), will continue managing operations, focusing on establishing the company as an alternative in the CBRS market. Marc Rouanne, Co-Founder and CTO of Edgescale AI, has been appointed to RED Technologies' board.
The acquisition aims to strengthen RED Technologies' position in spectrum allocation technology and enhance the CBRS ecosystem through development of features like GAA coexistence, Network Planner, and AI-based CBRS analytics.
