MobileX Gets CONX Investment for AI Wireless Platform
MobileX announced in a press release that CONX Corporation has made a strategic investment that gives CONX a controlling interest in the wireless carrier. Financial terms were not disclosed.
MobileX said the capital will be used to expand its AI powered technology platform, increase distribution, and support customer acquisition. The company uses artificial intelligence to predict customer data needs and recommend personalized wireless plans.
EchoStar founder, CEO and chairman Charlie Ergen, who also chairs CONX, and CONX CEO Jason Kiser will join the MobileX board of directors. MobileX offers customizable plans starting at $3.88 a month before taxes and government surcharges, with service available through its apps, website, Amazon, Walmart.com, Walmart stores, and independent dealer locations.
We hope you enjoyed this article
Consider subscribing to one of our newsletters like Enterprise AI Brief, AI Funding Brief or Daily AI Brief.
Also, consider following us on social media:
More from Enterprise
Sep 11 Evergreen Digital Media Invests in Adwave and Licenses AI Ad Platform Sep 11 Rime to Power Dialpad Voice AI Products Sep 11 Ultima Genomics and NVIDIA Collaborate on Pangenome Sequencing Analysis Sep 11 Zettabyte and Raku Plan Renewable Energy AI Data Centers in Asia Sep 11 DCM Services and AKUVO Partner on Estate RecoveryMore from Funding
Sep 12 Nscale Adds Fidji Simo to a Board Built for Scale Sep 11 Evergreen Digital Media Invests in Adwave and Licenses AI Ad Platform Sep 11 Intermezzo Raises $10 Million for Global Payroll Platform Sep 11 UrgentIQ Raises $15 Million for AI Clinical Workflows Sep 11 FAZE Security Emerges From Stealth With $6 Million Seed RoundAI Funding Brief
Market report
2025 Generative AI in Professional Services Report
Thomson Reuters
This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.
Read moreYou may also like
CONCRYT Deploys Agentic AI to Monitor Payment Operations
Aragon Research Defines $251.83 Billion Intelligent Communications Market
Converge AI Unifies Business AI Products in One Platform
Corvex Plans AI Data Center Capacity Expansion
Xpander Raises $7.5 Million and Introduces Omni AI Agent
Daily AI Brief: the AI news that matters, in your inbox.