ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

T-Mobile and Deutsche Telekom Reveal Winners of 5G-Powered Extended Reality Competition

Winning “T-Challenge” projects featured innovative ideas for Extended Reality solutions aimed at transforming retail with 5G

T-Mobile (NASDAQ: TMUS) and T-Labs, Deutsche Telekom’s research and development unit, today announced the six winners of T-Challenge, a six-month-long worldwide competition for startups, developers, and designers to submit innovative research and solutions aimed at transforming retail with 5G and Extended Reality (XR) technology. The six winners were among 19 finalists who traveled to Bonn, Germany to present their solutions to top leaders at Deutsche Telekom and T-Mobile US. They’ll split nearly half a million U.S. dollars in prize money.

“5G is poised to unlock the true potential of Extended Reality, transforming the way we interact with the world around us – including the way we shop,” said Neville Ray, President of Technology at T-Mobile U.S. “T-Challenge gives us a glimpse into the future with XR, and I can’t wait to see these innovators take their ideas to the next level.”

Team Graffiti from Marseille, France took the top spot in the “Solution Development” category for their idea that transforms the product buying experience with Augmented Reality. Golem Digital from Graz, Austria won the “Concept and Design” category for their idea of ByeByeQ that reduces wait times in stores by allowing customers to interact with remote consultants through XR. SightCall from Frankfurt, Germany and DeepBrainAI from Seoul, South Korea won second and third place in the “Solution Development” category. Code University from Berlin, Germany was the runner-up in the “Concept and Design” category, while Yona from Cologne, Germany took third place.

“We started our second T-Challenge with great expectations. The participants’ ideas far exceeded them. For example, we received solutions such as lifelike avatars paired with applications that are perfectly tailored to the needs of our customers. This enables us to further improve our service. We want to inspire people and act in line with their needs. I have seen a lot today that precisely meets this objective,” says Claudia Nemat, Member of the Board of Management for Technology and Innovation at Telekom.

With America’s largest and fastest nationwide 5G network as the foundation, T-Mobile fuels innovation and helps build the 5G ecosystem with a number of initiatives. The T-Mobile Accelerator, a program focused on building innovative solutions for 5G, is the lead 5G launch partner in North America for Qualcomm Technologies’ Snapdragon Spaces™ XR Developer Platform, working with developers and startups to build head worn AR applications for education, gaming, sports and entertainment. In addition, the Un-carrier also operates the T-Mobile Ventures investment fund and is a co-founder of the 5G Open Innovation Lab. Its recently unveiled Tech Experience 5G Hub is a 24,000 square foot workspace where entrepreneurs and partners can tap into 5G working alongside T-Mobile engineers.

For more information about T-Challenge, visit www.telekom-challenge.com.

For more information on T-Mobile’s network, visit T-Mobile.com/coverage.

Follow T-Mobile’s Official Twitter Newsroom @TMobileNews to stay up to date with the latest company news.

5G: Capable device required; coverage not available in some areas. Some uses may require certain plan or feature; see T-Mobile.com. Fastest based on median, overall combined 5G speeds according to analysis by Ookla® of Speedtest Intelligence® data 5G download speeds for Q1 2022. Ookla trademarks used under license and reprinted with permission.

About T-Mobile

T-Mobile US, Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile’s customers benefit from its unmatched combination of value and quality, unwavering obsession with offering them the best possible service experience and undisputable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile and Sprint. For more information please visit: https://www.t-mobile.com.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.