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MIFI Novatel Wireless, Inc. (MM)

2.50
0.00 (0.00%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Novatel Wireless, Inc. (MM) NASDAQ:MIFI NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 2.50 2.46 3.00 0 01:00:00

Bell to Launch New Global 4G LTE MiFi by Novatel Wireless in Canada

19/05/2015 2:08pm

GlobeNewswire Inc.


Novatel Wireless, Inc. (NASDAQ:MIFI)
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Novatel Wireless, Inc., (Nasdaq:MIFI), a leading provider of wireless solutions for the Internet of Things (IoT), today announced that its latest MiFi® brand mobile hotspot, model MiFi 6630, will launch with Bell Mobility on Canada's largest 4G LTE network this month.

The new MiFi 6630, based on the award-winning U.S. MiFi 6600 series family, is a powerful mobile hotspot, designed for customers in cities, small towns or rural and remote communities looking for super-fast wireless broadband connectivity.

Capable of speeds up to 150 Mbps, with average speeds between 10 and 40 Mbps, MiFi 6630 offers simultaneous connectivity for up to 15 devices, is capable of up to 20 hours of use on a single charge, and uniquely doubles as a charger for devices such as smartphones and tablets without compromising performance.

The MiFi 6630 also comes equipped with advanced enterprise-grade security features including anti-spoofing and filtering controls and supports more than eight LTE bands for connectivity in over 200 countries.

This latest generation MiFi series has already received industry awards and Editors' Choice selections. PC Magazine noted it has "almost everything you could want from a mobile hotspot," while CNET called it "super easy to use" and commended it for best user experience with its "helpful touchscreen interface [and] great feature set."

"We are very excited with the upcoming launch of this latest MiFi brand of mobile hotspot on Bell's 4G LTE network," said Alex Mashinsky, CEO of Novatel Wireless. "The team designed an award-winning platform and the market feedback has been incredible – from excellent quality and reliability ratings to editors' choice awards, the capabilities of the MiFi 6630 make it a must-have for the avid Internet user on the go, around the globe."

"The MiFi 6630 is an excellent choice for Canadians everywhere who are looking to take advantage of Canada's largest 4G LTE network for reliable high-speed mobile Internet access," said Blaik Kirby, President of Bell Mobility.

Bell 4G LTE service covers 91% of the Canadian population now and will expand to 98% by the end of 2015 as Bell's industry-leading broadband infrastructure investments take LTE to small towns and remote communities, including Canada's North.

The new MiFi 6630 will be available this month at Bell stores and The Source locations, online at Bell.ca/MiFi6630 or TheSource.ca, or by phone at 1-800-667-0123.

About Novatel Wireless

Novatel Wireless, Inc. (Nasdaq:MIFI) is a leader in the design and development of M2M wireless solutions based on 3G and 4G technologies. The Company delivers Internet of Things (IoT) and Cloud SAAS services to carriers, distributors, retailers, OEMs and vertical markets worldwide. Product lines include MiFi® Intelligent Mobile Hotspots, USB modems, Expedite® and Enabler embedded modules, Mobile Tracking Solutions, and Asset Tracking Solutions. These innovative products provide anywhere, anytime communications solutions for consumers and enterprises. Novatel Wireless is headquartered in San Diego, California. http://www.nvtl.com. @MiFi (Twitter)

MiFi is a registered trademark of Novatel Wireless, Inc. – the creators and patent holders of MiFi technology.

This release may contain forward-looking statements, which are made pursuant to the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995, as amended to date. These forward-looking statements involve risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking statements contained herein. These factors include risks relating to technological changes, new product introductions, continued acceptance of Novatel Wireless' products and dependence on intellectual property rights. These factors, as well as other factors that could cause actual results to differ materially, are discussed in more detail in Novatel Wireless' filings with the United States Securities and Exchange Commission (available at www.sec.gov) and other regulatory agencies.

CONTACT: Editorial Contacts:
         For Novatel Wireless
         Anette Gaven
         agaven@nvtl.com
         619.993.3058
         
         For Bell
         Jason Laszlo
         jason.laszlo@bell.ca
         905-614-6602

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