B2B News for Thursday, June 16, 2022: 5G+ Ready to Deploy, Third Gravity Acquisition

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In case current conditions have you confused, a recession is being predicted imminently. As a result, offers of employment to new graduates — especially foreign students who can’t fight back — and people whose skills are so in demand, they are contractually obligated to give a three month notice before changing jobs, are seeing their offers rescinded. At the same time, this economic retraction in the tech sector is seeing an increase in mergers and acquisitions, as well as massive funding announcements.

Did you notice your mobile data transmission speed get a little faster yesterday? Bell said the network readiness of 5G+ was ready to be deployed across the country on its wireless network.

Bell secured the prime 3500 MHz spectrum in urban and rural markets across the country in 2021. The move added high-capacity airwaves critical to the evolution of Bell 5G on its network. They are now poised to deploy 3500 MHz wireless spectrum and start the next phase of 5G advancement. 

“Today’s announcement reinforces Bell’s commitment to provide the best networks to Canadian consumers and businesses so they can do more of what they love,” said Stephen Howe, CTIO of Bell. “I’m thrilled that 5G+ is here and with this release, we’ll take the country’s top-ranked 5G service to new heights with faster mobile data speeds. It’s a significant milestone in the evolution of next generation communications in Canada, and we’re proud to lead the way.”

Press release: https://www.bce.ca/news-and-media/releases/show/Canada-s-fastest-5G-network-just-got-faster-Bell-introduces-5G-?page=1&month=&year=&perpage=25

Gravity Global, the B2B markets growth marketing consultancy, has acquired Mojo Media Labs (Mojo). The company says the mover further strengthen Gravity’s US presence and expand its global Account Based Marketing (ABM) capabilities. Gravity also acquired 9th Wonder B2B and Morsekode about two months ago.

“The team at Mojo are acknowledged experts, evidenced by their partnerships with leading ABM technology such as 6Sense, DemandBase, Terminus and HubSpot,” said Gravity Global Group CEO Mark Lethbridge. “It is another example of our strategy to support our customers by delivering best-in-class services so they can achieve their own growth ambitions.” 

Press release: https://gravityglobal.com/news/gravity-global-continues-us-expansion-with-acquisition-of-mojo-media-labs/

If your offer was rescinded after you gave notice, perhaps it is time to enter the startup space?  The Accelerator Centre has launched its AC Studio program to help startups launch and scale up. Funded by the Government of Canada through the Federal Economic Development Agency for Southern Ontario the program will identify and then bring high-impact startups and founders the critical capital they need to launch. Program highlights include:

  • Up to $100,000 in seed funding grants
  • Mentorship with AC Centres in-house and specialist mentors
  • Sales training
  • Tactical support in product development, marketing, UI, and UX
  • In-kind hours with industry experts
  • Access to market research, investment intelligence, and lead generation reports

More information: https://landing.acceleratorcentre.com/apply-ac-studio

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Kate Baggott

Kate Baggott

Kate Baggott is a former Managing Editor of B2BNN. Her technology and business journalism has appeared in the Technology Review, the Globe and Mail, Canada Computes, the Vancouver Sun and the Bay Street Bull. She is the author of the short story collections Love from Planet Wine Cooler and Dry Stories. Find links to recent articles by following her on LinkedIn https://www.linkedin.com/in/kate-baggott-9a0306/