tech:

taffy

Verizon Wireless Completes Purchase Of Cellular One

[Techtaffy Newsdesk]

Verizon Wireless has purchased the operating assets of Cellular One of Northeast Pennsylvania from United States Cellular Corporation. Financial terms are not being disclosed.

Verizon Wireless will continue to use the Cellular One of Northeast Pennsylvania brand for the next several months as it works to convert the existing wireless network to Verizon Wireless specifications. Customers do not need to take any action at this time. For now, there are no changes to customers’ calling plans, devices, or service.

The purchase includes Cellular One of Northeast Pennsylvania’s cellular spectrum license and related operations in Wayne and Pike Counties in Pennsylvania. The license covers a population of 114,000.  The service area covers the major traffic corridors through northeastern Pennsylvania, including Interstate 84, State Highways 6 and 402. This market serves the Poconos which is a popular summer and winter vacation destination for the New York, New Jersey and Philadelphia metro areas, all of which are within a 2 hour drive.

Attractions include numerous mountain lakes for boating and fishing, the largest being Lake Wallenpaupack, as well as a number of ski resorts, camp grounds and over 40 youth summer camps.

Since the company was formed in 2000, Verizon Wireless has invested more than $1.4 billion on improvements to its network in Pennsylvania, and more than $70 billion nationwide, says the company.

Just in

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.