T‑Mobile US & Deutsche Telekom Reveal EvoNexus Portfolio Company, Shoelace Wireless as a 2022/23 T Challenge Winner
Shoelace Wireless is included in the six trailblazing companies driving Web3 innovation with the power of 5G receive top honors at the third‑annual global competition
BONN, GERMANY & BELLEVUE, WASHINGTON / T-MOBILE NEWS / May 23, 2023 / Winner, winner! T-Mobile US (NASDAQ: TMUS) and Deutsche Telekom‘s research and development unit announced the latest T Challenge winners at a ceremony in Bonn, Germany. T Challenge, the six-month long global competition driving innovation in Web3 development with 5G comes to a close with the event honoring six companies and their solutions, which demonstrate the powerful potential to reshape how people engage with the internet. The winners are splitting over half a million U.S. dollars and will have the opportunity to further develop and implement their technologies alongside T-Mobile US and Deutsche Telekom in the U.S. and Europe.
“This year’s winners are incredible examples of how 5G goes beyond smartphones,” said John Saw, EVP and Chief Technology Officer, T-Mobile US. “With 5G and Web3, users will have more control over their personal data on the internet than ever before — no matter what device they are using.”
“The solutions subsumed under Web3 have a significant impact on the everyday lives of people around the world. Web3 technologies must keep the well-being of its users in mind, which is why we launched this year’s T Challenge,” said Claudia Nemat (pictured above with the Shoelace Wireless team), Board Member for Technology and Innovation at Deutsche Telekom. “With the hundreds of applications we received from over 50 countries, this competition and its winners show how important it is to promote a human-centric internet through Web3 development.”
EvoNexus graduate portfolio company, Shoelace Wireless won the top prize for Best Innovation. They beat out 282 teams from 53 different countries that also submitted their ideas. Of those applicants, 20 finalists presented their solutions at the Deutsche Telekom headquarters. The Shoelace Wireless team met with Deutsche Telekom’s CEO and many other top executives that voted for them for the top prize.
According to Shoelace Wireless CEO, Jim Mains, “Their [Deutsche Telekom’s] board director for technology and innovation, Claudia Nemat, was the one requesting to give [the award] to us. We are still working hard to make Evo proud!”
The EvoNexus team is incredibly proud of the work that the Shoelace Wireless team is constantly doing. CEO, Rory Moore is quoted as saying that there is “no quit in that team”. We are excited to see what the future will bring for Shoelace Wireless.
See the full list of T Challenge Winners:
- Best Innovation: Shoelace Wireless (United States)
- Best Research & Concept: Perfect-iD (Germany)
- Best Solution: UBIRCH (Germany)
- Most Sustainable Solution: twinu (Germany)
- Most Customer-Centric Solution: Datapods (Germany)
- Most Engaging Presentation: Naoris Protocol (Portugal)
For more on the T Challenge winners, visit telekom-challenge.com.
SOURCE: T-Mobile News
About T-Mobile US
T-Mobile US is the leader in 5G, delivering America’s largest, fastest and most awarded 5G network. The Un-carrier’s 5G network covers 326 million people across 2 million square miles — more than AT&T and Verizon combined. 275 million people in America are covered by T-Mobile’s super-fast Ultra Capacity 5G, and the Un-carrier plans to reach 300 million people with Ultra Capacity this year — nearly everyone in the country. 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.
About Deutsche Telekom
Deutsche Telekom is one of the world’s leading integrated telecommunications companies, with some 245 million mobile customers, 25 million fixed-network lines, and 21 million broadband lines.
We provide fixed-network/broadband, mobile communications, Internet, and IPTV products and services for consumers, and information and communication technology (ICT) solutions for business and corporate customers.
Deutsche Telekom is present in more than 50 countries. With a staff of some 206,800 (Dec 31, 2022) employees throughout the world, we generated revenue of 114,4 billion Euros in the 2022 financial year.
Today, we are developing from a classic telephone company into a service company of a completely new type: the software company that sells telecommunications services. Because only a Telekom that is digitalised in all areas can continue the successful path of the past years. With our presence in Europe and the USA, we are ideally positioned for this. We want to become the leading digital telco. The core business, i.e. the operation and sale of networks and connections, will remain the basis. To learn more, visit telekom.com/en.
About Shoelace Wireless
Shoelace Wireless’ mission is to make mobile Internet faster, cheaper and more reliable. We develop cooperative networking technologies that enable a mobile user to aggregate all wireless networks available to a single mobile device and/or on multiple nearby devices. Our approach is software-only and requires no changes to the current communication infrastructure. To learn more, please visit shoelacewireless.com.
EvoNexus is California’s leading nonprofit technology startup incubator located in San Diego. EvoNexus has successfully incubated over 260 startups with a survival rate of over 85%. Since the incubator’s formation in 2010, EvoNexus companies have secured over $1.6B in venture funding, $10B in pre-exit valuation, and had 50 acquisitions valued at over $2.1B. EvoNexus is supported by corporate partners, including some of the largest multinational corporations in the world. Learn more at evonexus.org.