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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Sequans Communications SA | NYSE:SQNS | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.0336 | -4.57% | 0.7014 | 0.78 | 0.6957 | 0.71 | 78,664 | 01:00:00 |
Sequans Communications S.A. (NYSE:SQNS) announced that its LTE chipset is inside the new Verizon Ellipsis™ Jetpack®, an ultra compact mobile hotspot that allows users to connect up to eight Wi-Fi devices to the Verizon Wireless 4G LTE network. The new Ellipsis Jetpack is an improved version of last year’s model, delivering higher throughput, longer battery life up to ten hours, and faster start-up time. It operates on both of Verizon’s LTE bands, band 4 and band 13, making it compatible with Verizon’s XLTE service so users can expect faster peak speeds and greater network capacity in cities coast to coast where XLTE has been rolled out.
The LTE chip technology inside the Ellipsis Jetpack is Sequans’ Mont Blanc LTE platform that delivers category 4 throughput and supports other advanced features. Mont Blanc includes baseband with integrated high performance network and application CPU, an RFIC, a comprehensive software package, and Sequans AIR™ interference cancelation technology. Mont Blanc is a member of Sequans’ StreamrichLTE™ family of products for high performance, feature-rich LTE devices.
“Now that users are conditioned to the high speed of LTE, they are no longer satisfied reverting to 3G when Wi-Fi is not available,” said Craig Miller, Sequans VP of marketing. “Increasingly, device makers are seeing that LTE is all you need in data devices.”
The Ellipsis Jetpack (MHS800L) is available beginning today at Verizon Wireless online.
About Sequans Communications
Sequans Communications S.A. (NYSE: SQNS) is a 4G chipmaker and leading provider of single-mode LTE chipset solutions to wireless device manufacturers worldwide. Founded in 2003, Sequans has developed and delivered six generations of 4G technology and its chips are certified and shipping in 4G networks, both LTE and WiMAX, 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 Internet of Things. Sequans is based in Paris, France with additional offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Taiwan, South Korea, and China. Visit Sequans online at www.sequans.com; www.facebook.com/sequans; www.twitter.com/sequans
Sequans Communications S.A.Media relations:Kimberly Tassin, +1-425-736-0569Kimberly@sequans.comorInvestor relations:Claudia Gatlin, +1-212-830-9080claudia@sequans.com
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