New Apple iPhones, Samsung devices get faster 5G access in US

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San Francisco, Jan 20 | Telecom operators Verizon and AT&T have kicked off the 5G era for the latest Apple and Samsung smartphone users in the US amid airline cancellations and an ongoing tussle with the US Federal Aviation Administration (FAA).

Verizon said that all phones it releases as of now will support C-band 5G. The carrier expects to offer over 20 compatible phones by the end of 2022.

At launch, new Apple 13 series and 12 series iPhones, latest generation iPads and Samsung Galaxy S21, S21 Plus, S21 Ultra, Z Fold 3, Z Flip 3 are compatible with 5G roll-out.

Google Pixel 6 and 6 Pro smartphones will soon get C-band access.

The new, faster level of 5G connectivity will significantly augment Verizon’s “5G Ultra Widebanda network, which, until now, has relied solely on extremely-fast-but-very-hard-to-find millimetre wave spectrum, reports The Verge.

Verizon has promised to reach “more than 100 million people in 1,700-plus cities around the nation” with the faster 5G.

AT&T started its expanded 5G service in eight metro areas in the US on Wednesday, including Austin, Dallas-Fort Worth, Houston, Chicago, Detroit, Jacksonville, Orlando, and South Florida.

“Today’s introduction begins in limited parts of 8 metro areas across the U.S. It will expand rapidly as our thoughtful and efficient deployment ramps up throughout the year,” said Chris Sambar, AT&T’s executive vice president of technology operations, explains in the post announcing the expansion.

According to reports, several Verizon customers on C-band started receiving download rates that range anywhere from 200 to 500Mbps and, in the very best cases, over 800Mbps.

These were in regions where cellular data had previously often topped out around 60 or 80Mbps.

Meanwhile, at least 10 international airlines modified or cancelled flights to the US amid conflicting reports on what new 5G cell phone services can do to critical aeroplane technologies.

The FAA, the US air transport regulator, has been concerned that the version of 5G that was scheduled to be switched on could interfere with some aeroplane instruments.

Source: IANS

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Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

Share Market Closing Bell: Nifty ends above 15,800, Sensex gains 180 pts

The benchmark Indices Nifty started on the positive side after continuous sell off in last week and has managed to settle at 15842.30 with 60 point gain or 0.38 percent. However Nifty has failed to regain 16000 levels prior to LIC listing.

While Bank nifty has managed to settle at 33597.60 levels after gaining 1.44 percent. On the sectoral front, Nifty PSU Bank, Nifty Realty and Auto have contributed 2-3 percent gain on closing basis. On the flip side Nifty IT and FMCG ended with losses of 0.75 percent and 0.35 respectively. In Nifty, EICHERMOT, APOLLOHOSP and UPL were the top gainers while ULTRACEMCO, SHREECEM and ASIANPAINT were the prime laggards.

Technically, after forming the bearish candle on the weekly chart, the index has formed a Doji candlestick on the daily chart which shows indecisiveness among the trades. Moreover, the index has also faced a resistance from falling trend lines and showed profit booking from higher levels. However, Fibonacci retrenchment also has support around 15650 levels.

Traders may find buying opportunities for short term as if 15650 levels is protected. In the hourly chart, with support of the middle Bollinger band short term upside movement is expected. Stock specific action would drive the market in coming days too.

On the derivatives front, the highest call OI is at 16000 strike price followed by 16200 strike prices while on the put side, highest OI is at 15500 strike price. INDIA VIX closed at 24.53 with gain of 4.43 percent intraday indicating volatility is going to remain till weekly expiry . On the other hand, Bank nifty has support at 32600 levels while resistance is placed at 34500 levels.

Sumeet Bagadia
Executive Director
Choice Broking

Source: Choice India

 

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