Whales: Giants of the Ocean

Nokia and Zain KSA deliver fastest indoor 5G speeds in the Middle East

• Next generation indoor 5G solution reaches a record speed of 1.9 Gbps at Zain KSA’s headquarters
• Nokia’s AirScale Indoor Radio System provides crucial high-speed 5G connectivity and counters coverage losses for the best possible indoor coverage

09 December 2020

Espoo, Finland – Nokia today announced that it has achieved a record 5G speed of 1.9 Gbps during a successful trial of its next-generation AirScale Indoor Radio System (ASiR) at the headquarters of mobile operator, Zain KSA in Jeddah in the Kingdom of Saudi Arabia. Nokia’s dedicated indoor 5G solution delivers ultra-fast 5G speeds and also counters high penetration coverage losses.

The trial leveraged the Nokia 5G AirScale, which is an enhanced indoor solution with a centralized and scalable architecture. The trial’s high-speeds were achieved at 3.5GHz including multi-band ASiR-pRRH and with E-UTRAN New Radio – Dual Connectivity (EN-DC).

Nokia’s ASiR solution supports all major network technologies and is designed to easily upgrade from 4G to 5G NR with minimal on-site disruption. It includes indoor small cells that deliver a consistent 5G user experience with high data rates across multiple floors, including open and partitioned office spaces, as well as meeting rooms. It also provides an enhanced SFN (Single Frequency Network) indoor solution addressing requirements such as low cost of ownership, small product form factor and comprehensive indoor coverage.

Zain KSA launched commercial 5G services in October 2019 in Saudi Arabia and now covers 50 cities across the kingdom enabled by more than 4,600 towers. It is through these endeavors and others that Zain KSA is considered as a major enabler, driving forward the digital transformation in Saudi, as part of Saudi Vision 2030.

Eng. Abdul Rahman AlMufadda, Zain KSA CTO, said: “In line with Zain KSA achieving a pioneering position in the regional and global telecoms map by rolling out the largest 5G network in the Middle East, Europe, and Africa and fourth largest in the world, it is imperative for us to provide first class coverage for both indoor and outdoor environments. Nokia deployed its 5G indoor solution quickly, with minimal disruption and achieved incredibly high-speeds during this trial.”

Tommi Uitto, President of Mobile Networks at Nokia, said: “We are delighted to support Zain by providing 5G indoor coverage at its premises in Jeddah. Indoor coverage is an important piece in the 5G puzzle due to high penetration losses, especially in high profile venues and locations.”

Nokia is a global leader in 5G with the industry’s only comprehensive portfolio that is available globally. With 184 commercial engagements underway, our 5G solutions, software and services allow our customers to take advantage of the promise of this next generation of network technology. Learn more about Nokia 5G.

Additional resources:
Webpage: AirScale Indoor Radio System (ASIR)

About Nokia
We create the technology to connect the world. Only Nokia offers a comprehensive portfolio of network equipment, software, services and licensing opportunities across the globe. With our commitment to innovation, driven by the award-winning Nokia Bell Labs, we are a leader in the development and deployment of 5G networks.

Our communications service provider customers support more than 6.4 billion subscriptions with our radio networks, and our enterprise customers have deployed over 1,300 industrial networks worldwide. Adhering to the highest ethical standards, we transform how people live, work and communicate. For our latest updates, please visit us online www.nokia.com and follow us on Twitter @nokia.

About Zain KSA
Zain KSA is a leading telecom provider established in Saudi Arabia on August 2008 as a listed company. It adopts a 3 pillared strategy which includes growth, agility, and innovation as its main pillars for success. In due respect to its highly developed infrastructure, the company was successful in establishing itself as a reliable telecom operator and a digital service provider whose services include telecom services, 5G network, digital payment services, cloud computing, IoT solutions, fiber services, drones, and many others.

For more on Zain KSA please visit: www.sa.zain.com

The next-generation of wireless technologies – known as 5G – is here.  Not only is it expected to offer network speeds that are up to 100 times faster than 4G LTE and reduce latency to nearly zero, it will allow networks to handle 100 times the number of connected devices, revolutionizing business and consumer connectivity and enabling the “Internet of Things.”  Leading policymakers – federal regulators and legislators – are making it a top priority to ensure that the wireless industry has the tools it needs to maintain U.S. leadership in commercial 5G deployments.  This blog provides monthly updates on FCC actions and Congressional efforts to win the race to 5G. 

Regulatory Actions and Initiatives 

Low-Band Spectrum

• The FCC finds that two entities that requested bidding credits to participate in the 2015 auction of AWS-3 spectrum are not eligible for those bidding credits because they remain under the control of DISH.
  • On November 23, 2020, the FCC released a Memorandum Opinion and Order on Remand concluding that Northstar Wireless, LLC (“Northstar”) and SNR Wireless LicenseCo (“SNR”) are not eligible for the bidding credits they sought in the AWS-3 auction (Auction 97), despite submitting revised agreements with DISH, because they remain under DISH’s de facto control.  The FCC found that the question of whether DISH continues to have de facto control  is based on the totality of the circumstances, not the several individual changes the parties may have made to individual provisions of the agreements.  The licenses for which they won using bidding credits will eventually be re-auctioned, and Northstar and SNR may be responsible for final default payments at that time. 
• NTIA expresses concern with the FCC’s proposals on how proceeds related to the reallocation of public safety spectrum for commercial services will be used.
  • On November 20, 2020, NTIA submitted a letter to the FCC regarding its  proposals to reallocate spectrum in the 470-512 MHz band, known as the “T-Band,” for commercial services.  NTIA explains that while the FCC is required to reallocate and auction the spectrum, NTIA is required to use the auction proceeds to develop a grant program that would cover the relocation costs of public safety entities.  NTIA asserts that the FCC’s proposals suggest that the FCC believes it has authority to determine some elements of the program, but if auction proceeds become available to NTIA, it intends to develop a federal financial assistance program and will work closely with the FCC on the transition.  

Mid-Band Spectrum

• Additional applications for spectrum in the 2.5 GHz band have been accepted for filing and a request for waiver is denied.
  • On November 10, 2020, the FCC released a Public Notice announcing that an additional 57 applications filed in the Tribal Priority Window for licenses in the 2.5 GHz band have been accepted for filing.  Objections to these applications are due December 10, 2020.  The FCC’s News Release announcing the action notes that “[t]he Tribal applicants that filed these 57 applications are now one step closer to obtaining access to this prime mid-band spectrum to help address the connectivity needs of their rural communities.”
  • Relatedly, on November 12, 2020, the FCC released an Order denying a request for waiver by the Kaumana Hawaiian Homes Community Association, which asked the FCC to process its application for 2.5 GHz spectrum in the Tribal Priority Window because it is an eligible entity.  The Bureau found that Kaumana did not satisfy the waiver standard and did not demonstrate why it could not access the spectrum through the Department of Hawaiian Homelands, which the FCC found to be eligible to participate.  
  • On November 20, 2020, the FCC released another Order denying various requests for waiver of seven entities – the Ho-Chunk Nation, Lummi Indian Business Council, Muscogee (Creek) Nation, Salt River Pima-Maricopa Indian Community, San Felipe Pueblo, Shoshone-Bannock Tribes, and Table Mountain Rancheria – to participate in the 2.5 GHz Rural Tribal Priority Window.  
• The FCC announces the parties qualified to bid in its upcoming auction of spectrum in the C-band and takes other actions to keep the relocation of incumbents on course.
  • On November 12, 2020, the FCC released a Public Notice announcing the parties qualified and not qualified to participate in the auction for C-band spectrum.  Of the 74 parties that applied, 57 were qualified to bid and 17 were not.  Qualified bidders include AT&T, Cox, Verizon, and T-Mobile.  Bidding is scheduled to commence on December 8, 2020. 
  • To facilitate the clearing of the C-band, the FCC released a Public Notice on November 18, 2020, modifying the applicability of its ex parte rules to communications between or among Commission staff, the Relocation Coordinator (RSM), and the Relocation Payment Clearinghouse (CohnReznick).  Those communications would otherwise be subject to public disclosure, but the Public Notice classifies them as exempt.  Nevertheless, the Public Notice notes that only information that is placed in the record can be relied upon by the FCC for any decisions in this proceeding.  On November 23, 2020, Vertix Consulting filed an Application for Review and Request for Waiver seeking to reverse the selection of CohnReznick as the Relocation Payment Clearinghouse and direct the eligible space station operators to identify an alternative entity.  Oppositions to Vertix’s Application for Review are due December 8, 2020.
  • Similarly, on November 19, 2020, the FCC released an Order denying the Application for Review filed by ACA Connects (“ACA”) that requested review of the Wireless Telecommunications Bureau’s (“Wireless Bureau”) Final Cost Catalog Public Notice, which included, among other things, the lump sum amounts available to earth station incumbents for relocating from the band.  The FCC affirmed the Wireless Bureau’s decision to (i) exclude the costs of installing integrated receiver/decoder or transcoder equipment related to technology upgrades in those lump sum payments; (ii) rely on a third-party consultant – RKF Engineering Solutions, LLC – to determine the appropriate costs; (iii) utilize its disclosed methodology for determining lump sum amounts; (iv) determine reimbursement on a per-antenna basis; and (v) base its lump-sum determinations on satellite operators’ preliminary (rather than final) Transition Plans.
  • On November, 30, 2020, the International Bureau released a Public Notice with an updated table of lump sum elections made by incumbent earth stations.  As of the release of the Public Notice, the Bureau has accepted 1,476 out of a total of 1,510 lump sum elections (or 97.7% of elections) and denied 34 lump sum elections (or 2.3% of elections).  The International Bureau also released a Public Notice announcing an updated list of incumbent C-band earth stations.  Finally, the Bureau released an Order granting Comcast’s and TEGNA’s waiver requests to permit them to add existing co-located antennas to their incumbent earth station registrations and providing instructions on how Comcast and TEGNA, as well as the other 60 incumbent earth station operators that received waivers, must formalize the approval of their waiver grants. 
• Amateur radio interests seek reconsideration of the FCC’s decision on mid-band spectrum in the 3.45-3.55 GHz band slated for reallocation for commercial 5G services.
  • AARL, the national association for Amateur Radio, filed a Petition for Reconsideration of the FCC’s decision to reallocate the 3.45-3.55 GHz band, currently used by amateur radio operators and others, for commercial services.  AARL argues that the FCC should not have triggered removal of the secondary status for amateurs based on when the first licenses for commercial operations are issued but when the spectrum is actually being used by new licensees.  The petition was placed on Public Notice on November 16, 2020.  Oppositions are due 15 days after the Public Notice is published in the Federal Register, which has not yet occurred, and replies are due 10 days after that.  

5G Funding

• The FCC acts to promote the deployment of 5G in difficult-to-serve areas.
  • The FCC released a Public Notice on November 16, 2020, adopting an “adjustment factor” that will help direct more  5G Fund support (see below) to harder-to-serve areas.  The adjustment factor will assign weights to areas eligible to receive 5G Fund support that take into consideration the relative cost of serving areas with difficult terrain and the potential business case for each area.  Areas with more difficult terrain and that are less profitable to serve will receive greater weight and therefore greater support.  On December 1, 2020, 27 national organizations submitted a Petition for Partial Reconsideration of the FCC’s  5G Fund Order, asking, among other things, that the FCC explain how the “adjustment factor” will provide adequate prioritization to historically underserved or unserved areas.
  • The FCC also released minor corrections to its rules regarding the  5G Fund, which will offer up to $9 billion in federal subsidies to bring voice and 5G broadband services to unserved rural areas.  The basic requirements remain the same.    
• The FCC adopts an item to modernize the 5.9 GHz band for unlicensed services like Wi-Fi, as well as for automotive applications.
  • The FCC adopted an Order and Further Notice on November 20, 2020 to repurpose the lower 45 megahertz of the 5.9 GHz band (5.850-5.895 GHz) for unlicensed use and require the Intelligent Transportation System radio service to use cellular vehicle-to-everything-based technology in the upper 30 megahertz of the band (5.895-5.925 GHz).  Comments and replies on the Further Notice are due 30 and 60 days, respectively, after Federal Register publication. 

5G Networks and Infrastructure

• GAO releases a report assessing the technologies associated with 5G wireless networks.
  • On November 24, 2020, at the request of several members of Congress, the Government Accountability Office (“GAO”) released a report that discusses 5G use cases and challenges to the performance and use of 5G in the U.S.  The report is based on GAO staff’s interviews with and technical comments from government officials, industry representatives, and researchers. 
• The FCC plans to take additional steps to secure the Nation’s communications networks
  • On November 19, 2020, the FCC released a draft Order that would, if adopted at the agency’s upcoming December open meeting, require certain carriers to remove and replace from their networks equipment and services that pose a risk to national security.  The FCC would also (i) establish a program that will provide at least $1.6 billion in federal funds to smaller carriers for that removal and replacement; (ii) adopt procedures and criteria for publishing and maintaining a list of covered communications equipment and services; and (iii) require all providers of advanced communications services to report on whether their networks use covered communications equipment or services.   
• The FCC intends to seek public input on changes to its equipment authorization rules to facilitate the faster deployment of products and services for the 5G economy.
  • The FCC issued a draft Notice of Proposed Rulemaking on November 19, 2020, that would, if adopted at its December open meeting, propose and seek comment on permitting conditional sales of radiofrequency devices to consumers prior to equipment authorization and permitting the importation of a limited number of devices for certain pre-sale activities prior to the devices obtaining certification.  The draft item notes that the proposed changes “would leverage today’s fast-paced Internet-driven world to super-charge how the newest technologies and must-have devices reach consumers.”  Comments and reply comments would be due 30 and 45 days, respectively, after Federal Register publication. 

Legislative Efforts

• The House passed a bill that would require NTIA to update its information technologies, tools, and databases.
  • On November 18, 2020, the House passed the Spectrum IT Modernization Act.  If enacted, the bill would direct NTIA to submit a plan on how it will improve the coordination of federal spectrum by modernizing the infrastructure that federal agencies use to manage spectrum.  The bill is now in the Senate. 
• The Senate Commerce Committee passed a bill that would require the FCC to auction the 3.45-3.55 GHz band by the end of next year.
  • On November 18, 2020, the Senate Commerce Committee passed the Beat CHINA for 5G Act of 2020, which would require NTIA to remove or modify its operations in the 3.45-3.55 GHz band so that spectrum in the band can be made available for commercial use.  The bill would also require the FCC to commence an auction for spectrum in the band by December 2021, which the FCC is  currently contemplating.  Auction proceeds would cover 110% of federal relocation or sharing costs.  The requirements overlap actions the FCC is already taking in a proceeding governing the band.   
• The Senate Commerce Committee approves President Trump’s nominee for FCC Commissioner.
  • On December 2, 2020, the Senate Commerce Committee approved President Trump’s nomination of Nathan Simington as a new FCC Commissioner.  Mr. Simington previously served as a senior advisor at NTIA.  The nomination must now be approved by the full Senate.

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NEW DELHI: China’s mobile services revenue is expected to increase from $119.1 billion in 2020 to $142.8 billion in 2025 at a CAGR of 3.7%, driven by 5G infrastructure, increase in mobile data consumption and rising ARPU levels, as per data analytics firm GlobalData.

While the mobile data service revenue segment will grow robustly at a CAGR of 8.5% in 2022-25, driven by higher ARPU 5G plans, the mobile voice revenue will decline steadily, and mobile messaging revenue will decline sharply, it added.

The mobile data services segment represents the largest revenue contributor to the overall mobile services market in China.

Mobile data ARPU will grow from $3.91 per month in 2020 to $5.52 per month in 2025, as more operators launch higher ARPU 5G plan offerings, the firm said.

“5G subscriptions in China are expected to witness significant growth from 2020 to 2025 (CAGR of 40.6%) and will outdo 4G in the total mobile subscription share in 2023, supported by the commercial launch of 5G by all the three state-backed telecom operators, China Mobile, China Telecom and China Unicom,” said Antariksh Raut, Senior Analyst of Telecoms Market Data and Intelligence at GlobalData.

“As one of the countries with largest 5G infrastructure already in place, China has turned the COVID-19 crisis into a big opportunity and the future outlook looks positive for the country’s telecom market,” Raut added.

M2M/IoT subscriptions are forecasted to grow from 175.6 million to 253.9 million, at a CAGR of 7.7% during the forecast period, GlobalData concluded.

As per a report by Chinese state-run publication China Daily, Chinese telecoms operators built more than 600,000 base stations in 2020, in addition to about 100,000 base stations built-in 2019. 

The country’s telcos are likely to build more than 100,000 new 5G base stations next year, bringing the total number of 5G base stations in China to more than 1.7 million by 2021-end, the report added.

NEWPORT BEACH, Calif.–(BUSINESS WIRE)–Mobilitie, the largest privately-held wireless infrastructure firm in the nation, continues to expand its deployment of a state-of-the-art wireless network infrastructure for Sound Transit’s ever-developing light rail system, part of the largest transit expansion project in the country.

Sound Transit is a multi-phase light rail project connecting central Seattle to surrounding suburbs/neighborhoods. Mobilitie has already deployed a robust wireless network on the 20-mile Central Link and 3-mile U-Link segments, with all major wireless carriers participating to provide world-class wireless coverage and capacity to passengers. Mobilitie’s network is designed to ensure Sound Transit passengers have uninterrupted service wherever they travel, whether above or below ground.

As Sound Transit expands its service to Northgate, scheduled to begin service in 2021, Mobilitie is enabling next-generation wireless capabilities throughout the additional 4 miles for thousands of daily visitors.

“We’re excited to bring 5G to the rails in Seattle’s booming tech community,” said Alan Goree, Director of Wireless Solutions of Mobilitie. “Whether it’s downloading files for that big meeting on the ride into work, or unwinding and streaming your favorite show on the way home, we’re enabling Sound Transit riders to make the most of their commutes with greater connectivity and wireless access.”

With more than 250 antennas, the wireless network on the Northgate Link Extension includes more than 150,000 feet of fiber and cabling that provides a strong and reliable connection and backbone that will also facilitate future technologies. Commuters, students and tourists alike will be able to experience seamless wireless connectivity as they travel throughout the Puget Sound. Rather than sitting in vehicle traffic, commuters can travel to University of Washington, downtown Seattle, Sea-Tac airport and other destinations with ease and the comfort of knowing they can stay connected.

About Mobilitie

Mobilitie is the largest privately-held telecommunications infrastructure company in the United States. As a veteran provider of complete wireless solutions, Mobilitie helps people stay connected on their mobile devices wherever they are. It funds, deploys and operates next-generation infrastructure that enables robust coverage and 5G services and speeds.

Mobilitie wireless infrastructure includes communication towers, indoor and outdoor neutral host DAS networks, small cells, IoT, and Wi-Fi networks. Mobilitie’s Advanced Technology Group engineers innovative wireless solutions that improve wireless service at the largest and most complex venues across all major industries-including sports and entertainment, real estate, hospitality, education, healthcare, government and transportation.

Mobilitie is headquartered in Newport Beach, California and has regional offices across the United States. To learn more about our wireless coverage solutions, visit us at www.mobilitie.com.

NEW DELHI: China’s mobile services revenue is expected to increase from $119.1 billion in 2020 to $142.8 billion in 2025 at a CAGR of 3.7%, driven by 5G infrastructure, increase in mobile data consumption and rising ARPU levels, as per data analytics firm GlobalData.

While the mobile data service revenue segment will grow robustly at a CAGR of 8.5% in 2022-25, driven by higher ARPU 5G plans, the mobile voice revenue will decline steadily, and mobile messaging revenue will decline sharply, it added.

The mobile data services segment represents the largest revenue contributor to the overall mobile services market in China.

Mobile data ARPU will grow from $3.91 per month in 2020 to $5.52 per month in 2025, as more operators launch higher ARPU 5G plan offerings, the firm said.

“5G subscriptions in China are expected to witness significant growth from 2020 to 2025 (CAGR of 40.6%) and will outdo 4G in the total mobile subscription share in 2023, supported by the commercial launch of 5G by all the three state-backed telecom operators, China Mobile, China Telecom and China Unicom,” said Antariksh Raut, Senior Analyst of Telecoms Market Data and Intelligence at GlobalData.

“As one of the countries with largest 5G infrastructure already in place, China has turned the COVID-19 crisis into a big opportunity and the future outlook looks positive for the country’s telecom market,” Raut added.

M2M/IoT subscriptions are forecasted to grow from 175.6 million to 253.9 million, at a CAGR of 7.7% during the forecast period, GlobalData concluded.

As per a report by Chinese state-run publication China Daily, Chinese telecoms operators built more than 600,000 base stations in 2020, in addition to about 100,000 base stations built-in 2019. 

The country’s telcos are likely to build more than 100,000 new 5G base stations next year, bringing the total number of 5G base stations in China to more than 1.7 million by 2021-end, the report added.

WASHINGTON, Nov. 10, 2020 (GLOBE NEWSWIRE) — via InvestorWire — Hollywall Entertainment, Inc. (OTC: HWAL), a multifaceted construction/developer, telecommunications, technology, media, entertainment and broadcasting company, today announces expansion of 5G Fiber Network Business Enterprises and provides a financial update.

Hollywall Entertainment, Inc. (“HWAL”) established Hollywall Development Company (“HWDC”), a wholly owned subsidiary, that specializes in the design, build and management of 5G fiber networks. HWAL will further expand its services to offer: internet access, HW Signature brand cellular equipment and services, streaming media, live television and on-demand content, including HWAL’s entertainment library and future entertainment and education assets, to be distributed throughout its network(s) to residential homes and commercial businesses.

HWAL continues to work with numerous city and state municipalities and government agencies including: our nation’s capital, Washington, D.C., throughout the states of Alabama, Georgia, South Carolina, North Carolina, Virginia and Maryland, New York City and surrounding counties, Austin and Houston, Texas, Chicago, Illinois, Fullerton, California, Denver, Colorado and many other areas to lead the way in developing and implementing solutions to bridge the broadband digital divide forced upon the most vulnerable in underserved urban and rural communities nationwide. 

The coronavirus (COVID-19) pandemic, which has prompted most states in the U.S. to issue stay-at-home or shelter-in-place orders, has highlighted this issue and demonstrated the need for additional communication network infrastructure nationwide.

U.S. telecommunication companies are working 24/7 to bring fiber-optic and wireless internet service to Americans who are quarantined at home and need access to the internet for tele-health services, education, online banking, government safety alerts, job opportunities, and access to food.

The auditing firm of Accell Audit and Compliance P.A. and the accounting firm of Noble Accounting and Consultant Executives are in the final stages of completing examination and audit of Hollywall Entertainment Inc. financial statements and corporate disclosures for the periods ending Dec. 31, 2019, and Dec. 31, 2018.

HWAL has strengthened its financial position by retiring all debt on its books, including all convertible promissory notes.

HWAL recently retained VStock Transfer, LLC, as its transfer agent.

HWAL is preparing a Form S1 registration to file with the Securities and Exchange Commission, which will include a proposed public stock offering to enable HWAL to accelerate its strategic roll up of key acquisition targets and execute on its expansion plans in the areas of broadband, energy, entertainment, media and education.

HWAL’s security council Craig Huffman states, “We have a superior auditing group, Accell Audit and Compliance, with completely compliant series of disclosures of accurate projects and ventures which are being disclosed, as well as valuations of the holdings of Hollywall, and the business ventures to be completely and accurately described and disclosed.”

President/CEO Darnell Sutton states, “We wish to thank all of the professional firms, strategic telecommunication partners and leaders within this Nation’s great cities and municipalities in their tireless support of our vision to bring ‘Fiber to the People.’ We are especially grateful for all of our stakeholders for their ongoing support with our commitment to you… We shall remain vigilant, steadfast and productive in all of our endeavors of expansion into new and innovative growth products and services and that we may continue to pursue our time honored promise of delivering the very best of offerings to the communities we serve. We continue to pray for our front-line health providers during this pandemic, our Nation and the World… The Best is Yet to Come.”

The United States Telecom Operators Country Intelligence Report states, “The telecom service revenue growth in the U.S. over 2019-2024 will be driven by mobile data and fixed broadband revenues. Mobile data service revenue will grow from US$130.4 billion in 2019 to US$211.7 billion by 2024 at a fastest compounded annual growth rate (CAGR) of 10.2%. This growth will be driven by a continued rise in mobile Internet subscriptions and mobile data ARPU. Fixed broadband service revenue will grow at a CAGR of 3.7% over the period 2019-2024 to reach US$77.1 billion by the end of 2024.”

About Accell Audit and Compliance
Accell Audit and Compliance, P.A., is a full-service PCAOB-registered and licensed certified public accounting and consulting firm that provides services in several niche areas of audit & assurance, internal audit/SOX 404 consulting, employee benefit plan audits, CIRA/HOA and condominium services, audit preparation/year end close assistance, and tax services. Accell has provided services to several hundred clients, from high-tech startup companies to the Fortune 500. Their current client portfolio includes numerous public and private companies across many industries, with operations on at least five continents. For more information, visit http://www.theaccellgroup.com/index.php.

About VStock Transfer 
VStock Transfer is a stock transfer agent providing best-in-class service and offering a unique combination of technology and proactive, energetic, personalized and experienced customer service. VStock provides online access to shareholder data and reports and can assist in online proxy services, voting and tabulation. For more information, visit www.vstocktransfer.com.

About Hollywall Development Company

Hollywall Development Company (“HWDC”) is a wholly owned subsidiary of Hollywall Entertainment Inc., and is a majority controlled and operated consortium enterprise company led by its founder and President/CEO Darnell Sutton, who is an award-winning visionary, strategist and entrepreneur. HWDC consists of seasoned corporate executives from major industries along with partnerships that include: investment banks, global capital funds, public financial and wealth management firms, construction and engineering companies, federal agencies, state and local governments, nonprofits, faith-based organizations and housing authorities. 

HWDC is building, restoring and creating “smart” cities/communities and networks throughout the U.S. Areas of HWDC services, initiatives and investments include broadband and 5G networks, IOT, smart city technologies, affordable housing, energy, tele-medicine, tele-education, transportation, clean water, waste management and green environment.

About Hollywall Entertainment Inc.

Hollywall Entertainment Inc., a public company trading under the symbol (OTC: HWAL), is a multifaceted construction/developer, telecommunications, technology, media, entertainment and broadcasting company that operates through one subsidiary, Hollywall Development Company (HWDC), and seven divisions: Hollywall School, Hollywall Music, Hollywall TV, HW Productions, HW Networks, HWRadio, and Hollywall Foundation. HWAL is engaged in maximizing rights to its music, film, television, home videos and software game libraries. Hollywall owns exclusive and nonexclusive rights to market, manufacture and distribute music master recordings performed by legends such as Ray Charles, Ella Fitzgerald, The Jackson 5, Frank Sinatra, Dolly Parton, Elvis Presley, Tony Bennett, The Bee Gees, Chicago, The Platters, George Gershwin, Marvin Gaye, James Brown, The Who, Janis Joplin, Rolling Stones, Nat King Cole, John Lee Hooker, Willie Nelson, Rod Stewart, Hall and Oates, James Taylor, Etta James, Aretha Franklin and other multiple-platinum-selling acts. For more information, visit www.hollywall.com.

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and, as such, may involve risks and uncertainties. These forward-looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company’s actual performance, results and achievements may differ materially from those expressed or implied in such forward-looking statements as a result of a wide range of factors.