Siyata Mobile Announces Worldlynx Deal – Siyata Stock Breaks Out

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Siyata Mobile (SIM.V) announced a noteworthy deal with Worldlynx Wireless this morning.


6 months after landing a partnership with TELUS, Siyata corners the Canadian market in a deal with Worldlynx. Worldlynx is the largest independent distributor for Bell Canada and this deal moves Siyata towards its goal of becoming the preeminent vehicle-mounted communications device supplier in Canada.


Siyata CEO Marc Seelenfreund: “It is an honour for us to partner with such a reputable telecommunications company. This is a great opportunity to offer our devices to a larger audience through Worldlynx’s established customer base across Canada.”


There are tens of millions of commercial vehicles worldwide that currently rely on 2G networks and two-way radio systems for their communication platforms. Siyata aims to target this market as they upgrade their communications hardware to be compatible with next-generation networks and push-to-talk radio technology.


SIM shares are breaking out following this morning’s Worldlynx news:


SIM.V (Daily)


Strong accumulation in SIM shares during the last six weeks (high volume up days) – over .36 SIM targets the mid-.50s.


Read also: Siyata Announces Canadian Launch of World’s First All-In-One Connected Vehicle Smartphone for Professional Vehicles and Commercial Fleets



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