Honda and Verizon 5G Agreement Could Benefit Cell Tower Companies Like Digital Locations
April 14 2021 - 3:01AM
Digital Locations, Inc. (DLOC), an aggregator and developer of cell
tower sites for the 5G revolution, today commented that the
agreement between Verizon (NYSE: VZ) and Honda (NYSE: HMC) to study
how 5G connectivity coupled with edge computing could allow for
faster communication between cars, pedestrians and infrastructure.
This announcement demonstrates the need to dramatically increase
the number of 5G cell tower sites in the U.S.
The goal of the study is to discover how enhanced communications
being transmitted via 5G and processed at the edge could ultimately
allow cars to avoid collisions and hazards and find safer routes.
In order to make this a reality, 5G antennas must be spaced every
few hundred feet apart on roads throughout the country.
“The recent agreement between Honda and Verizon comes as very
welcome news to Digital Locations,” said Bill Beifuss, the
Company’s president. “The major carriers need a creative and
streamlined solution to identify and activate real estate sites
that can support such an increased demand in 5G infrastructure. Our
more than 110,000 pre-qualified wireless cell sites and patented
software makes it easy for carriers to identify, analyze and
activate sites to meet the increased demand for 5G.”
Mr. Beifuss concluded, “Digital Locations is primed to support
Verizon and Honda’s mission as most of our 5G sites are situated on
roads and highways throughout the country. These strategically
located assets could make it much easier for carriers and car
companies to gather and process vital data at the edge.”
About Digital Locations, Inc.
Digital Locations, Inc., is an aggregator and developer of cell
tower and small cell sites for the 5G revolution. 5G wireless
networks are expected to be 100 times faster than current 4G LTE
networks. This will enable global scale killer applications such as
self-driving cars, the Internet of things (IOT), mobile streaming
of 4K videos, real-time hologram-based collaboration, and lag-free
high definition gaming. To realize this vision, many new 5G
antennas are needed because high frequency 5G signals cannot travel
farther than 100 meters. It is estimated that more than 1 million
new 5G cell towers must be added in the United States alone. We
currently have rights to more than 110,000 pre-qualified wireless
cell sites that can be developed to help meet the demands of 5G
networks. Using our patented software system, network operators
such as Verizon, AT&T and T-Mobile Sprint can easily contract
with site owners all over the U.S, to quickly build out their
wireless networks. Our goal is to continue to acquire the rights to
more sites and become a “landlord” of tomorrow’s wireless
communications assets.
To learn more about Digital Locations please
visit www.digitallocations.com
Safe Harbor Statement
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statements within the meaning of the Private Securities Litigation
Reform Act of 1995. When used in this press release, the words
"anticipate," "believe," "estimate," "may," "intend," "expect" and
similar expressions identify such forward-looking statements.
Actual results, performance or achievements could differ materially
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forward-looking statements contained herein, and while expected,
there is no guarantee that we will attain the aforementioned
anticipated developmental milestones. These forward-looking
statements are based largely on the expectations of the Company and
are subject to a number of risks and uncertainties. These include,
but are not limited to, risks and uncertainties associated with:
the impact of economic, competitive and other factors affecting the
Company and its operations, markets, product, and distributor
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Press Contact:communications@digitallocations.com(805)
456-7000
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