6SQB Sequans Communications S.A. ADS

Sequans’ LTE Cat 1 Technology Selected by Geotab for Next Generation Vehicle Tracking Devices

LTE for IoT chip maker Sequans Communications S.A. (NYSE: SQNS) today announced that Geotab, a leading open platform fleet management provider, has selected Sequans’ LTE Cat 1* chipset providing LTE connectivity for its telematics devices.

“We’re thrilled to partner with Sequans to power the next generation of our telematics devices,” said Neil Cawse, CEO, Geotab. “Well suited for telematics solutions, Sequans LTE Cat 1 powered vehicle tracking devices promise our customers advanced connectivity with the added benefit of a cost-effective yet future proof fleet management solution.”

“We are proud to provide our technology to Geotab for this powerful telematics application,” said Craig Miller, VP of worldwide marketing, Sequans. “LTE Cat 1 technology is ideally suited to vehicle telematics and tracking devices, and enables innovative IoT application providers like Geotab to offer the most modern connectivity technology and the longevity their customers depend on.”

Geotab is using Sequans’ Calliope LTE Platform, an-IoT-optimized chipset solution designed specifically for LTE Cat 1 applications needing up to 10 Mbps of throughput, an ideal speed for Geotab’s fleet tracking and telematics application. Calliope comprises baseband and RF, an integrated IoT applications processor running Sequans’ carrier-proven LTE protocol stack, an IMS client, and a comprehensive software package for over-the-air device management and packet routing.

*LTE Category 1 (Cat 1) technology is the lowest throughput category of the existing LTE standard and is compatible with today’s existing LTE networks. Cat 1 LTE has been optimized for IoT use and recently deployed by major LTE operators, including Verizon, AT&T, T-Mobile, and NTT DoCoMo. LTE Cat 1 is ideal for certain IoT applications, including vehicle telematics, security systems, retail terminals, and smart meters, and is expected to be used for these types of applications even when new narrowband LTE-M and NB-IoT (Release 13) networks are launched. For more about LTE Cat 1 and its applications, please see this blog.

About Geotab

Geotab is a global leader in telematics, providing open platform fleet management solutions to businesses of all sizes. Geotab's intuitive, full-featured solutions help businesses better manage their drivers and vehicles by extracting accurate and actionable intelligence from real-time and historical trips data. With more than 1 billion data points collected by Geotab devices and delivered to the platform per day, Geotab helps companies access actionable business intelligence and benchmarking data to improve productivity, optimize fleets through the reduction of fuel consumption, enhance driver safety, and achieve stronger compliance to regulatory changes. The company's products are represented and sold worldwide through its Authorized Geotab Resellers. To learn more, please visit www.geotab.com.

About Sequans Communications

Sequans Communications S.A. (NYSE: SQNS) is a leading provider of single-mode 4G LTE semiconductor solutions for the Internet of Things (IoT) and a wide range of broadband data devices. Founded in 2003, Sequans has developed and delivered seven generations of 4G technology and its chips are certified and shipping in 4G networks around the world. Today, Sequans offers two LTE product lines: StreamrichLTE™, optimized for feature-rich mobile computing and home/portable router devices, and StreamliteLTE™, optimized for M2M devices and other connected devices for the IoT. Sequans is based in Paris, France with additional offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Sweden, Taiwan, South Korea, and China. Visit Sequans online at www.sequans.com; www.facebook.com/sequans; www.twitter.com/sequans

See: www.sequans.com/lteforiot

EN
10/01/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Sequans Communications S.A. ADS

Sequans Communications SA: 2 directors

Three Directors at Sequans Communications SA bought 435,000 shares at between 0.950USD and 1.088USD. The significance rating of the trade was 67/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's direct...

 PRESS RELEASE

Sequans and AmericanPharma Technologies Team Up to Protect Covid-19 Va...

PARIS & BOISE, Idaho--(BUSINESS WIRE)-- Sequans Communications S.A. (NYSE: SQNS) has joined forces with AmericanPharma Technologies and is providing the cellular IoT connectivity solution for AmericanPharma Tech’s PharmaWatch™ vaccine monitoring system that is currently protecting Covid-19 vaccine shipments and storage around the country. PharmaWatch is connected by Sequans’ Monarch technology, enabling it to upload its vaccine temperature monitoring data to the portal every 5 minutes via a secure and reliable cellular LTE-M network transmission. “PharmaWatch provides one of the most importan...

 PRESS RELEASE

Sequans to Participate in Needham 2021 Virtual Technology and Media Co...

PARIS--(BUSINESS WIRE)-- Sequans Communications S.A. (NYSE: SQNS), leading developer and provider of 5G and 4G solutions for broadband, critical, and massive IoT, announced today Georges Karam, CEO and Deborah Choate, CFO, will participate in the Needham Technology and Media Conference being held virtually May 17-20, 2021. Sequans will conduct one-on-one meetings on Monday, May 17th and Tuesday, May 18th between 8:00 am and 1:30 pm ET. The Company will participate in a fireside chat from 8:00 am to 8:40 am ET on Monday, May 17th. For more information about the Needham conference, or to sched...

 PRESS RELEASE

Sequans Communications Announces First Quarter 2021 Financial Results

PARIS--(BUSINESS WIRE)-- Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G chips and modules, today announced financial results for the first quarter ended March 31, 2021. First Quarter 2021 Summary Results Table: (in US$ millions, except share and per share data) Q1 2021   Q4 2020   Q1 2020 Revenue $12.3     $15.8     $8.8   Gross profit 6.2     7.1     4.5   Gross margin (%) 50.1 %   45.1 %   51.3 % Operating loss (5.8 )   (5.4 )   (7.8 ) Net loss ...

 PRESS RELEASE

Sequans Announces $50 Million Financing to Strengthen Balance Sheet

PARIS--(BUSINESS WIRE)-- Sequans Communications S.A. (NYSE: SQNS), leading developer and provider of 5G and 4G solutions for broadband, critical, and massive IoT, announced today the signing of a $50 million private financing with Lynrock Lake Master Fund LP, a fund managed by Lynrock Lake LP (“Lynrock Lake”), an investment management firm with approximately $1.2 billion of assets under management. The financing consists of $10 million of American Depository Shares (ADS) and $40 million principal amount of convertible debt. The financing is scheduled to close April 9, 2021. “A stronger balanc...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch