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TCM Telit Communications Plc

229.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Telit Communications Plc LSE:TCM London Ordinary Share GB00B06GM726 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 229.00 229.00 229.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Telit Communications PLC Embedded SIM Technology Supports LTE Modules

13/11/2019 1:20pm

RNS Non-Regulatory


TIDMTCM

Telit Communications PLC

13 November 2019

RNS REACH

Telit Communications PLC

Embedded SIM Technology Supports LTE Modules

London, 13 November 2019 - Telit Communications PLC ("Telit", "the Group", AIM: TCM), a global enabler of the Internet of Things (IoT), today announces that Telit simWISE now supports 4G LTE-M and NB-IoT connectivity.

Telit simWISE is a core component of the company's next generation cellular IoT module software suite OneEdge, which is designed to address widespread barriers to IoT adoption including device management, security and wireless connectivity management.

simWISE technology is a replacement or complement for manufacturers of cellular-connected devices using a traditional SIM card and tray, offering reduced manufacturing and ownership costs as well as improved product reliability and customer experience across all verticals and markets. With this release, Telit looks to deliver new capabilities to its portfolio of cellular IoT modules based on the Qualcomm(R) MDM9206 and Qualcomm 9205 LTE IoT modems.

The new release of simWISE also integrates industry leading technology for LTE-M and NB-IoT-connected devices, reducing design constraints and reliability issues related to the removable SIM and tray, virtually eliminating logistic costs associated with control, stock and shipping of pre-provisioned SIM cards and controlling costs created by physical visits to swap SIM cards.

Paolo Dal Pino, Chief Executive Officer, Telit said:

"The physical SIM card is not a natural fit for non-consumer IoT devices like water meters, cargo tags, and remote sensor network devices used in mining, agriculture, and oil and gas. We have added 4G LTE-M and NB-IoT support to our industry leading simWISE iSIM lineup to support demand for cellular LPWA to connect billions of these IoT products."

Vieri Vanghi, Vice president, product management, Qualcomm Europe, Inc said:

"Qualcomm Technologies is proud to collaborate with Telit on simWISE Embedded SIM Technology for Telit's modules based on the Qualcomm MDM9206 and Qualcomm 9205 LTE IoT modems. The simWISE solution utilizes Qualcomm Technologies' holistic hardware and firmware to deliver robust security, scalability, and performance. By eliminating the physical SIM card hardware, Telit's modules are uniquely positioned to deliver the savings and time-to-commercialization advantages that IoT products need in order to build scale."

Enquiries:

 
Telit Communications PLC                             Tel: +44 203 289 
 Paolo Dal Pino, Chief Executive Officer              3831 
 Yariv Dafna, Finance Director & President 
 
finnCap (Nomad and Broker)                           Tel: +44 20 7220 
 Henrik Persson/Giles Rolls/Hannah Boros (corporate   0500 
 finance) 
 Tim Redfern/Richard Chambers (ECM) 
 
FinElk                                               Tel: +44 20 7631 
                                                      8618 
Robin Haddrill/ Cornelia Schnepf 
 
 
 

About Telit

Telit (AIM: TCM), is a global leader in Internet of Things (IoT) enablement, with an extensive portfolio of wireless connectivity modules, platforms, virtual cellular IoT operator services, and professional services, empowering hundreds of millions of connected 'things' to date, and trusted by thousands of direct and indirect customers, globally. With nearly two decades of IoT innovation experience, Telit continues to redefine the boundaries of digital business, by delivering secure, integrated end-to-end IoT solutions for many of the world's largest brands, including enterprises, OEMs, system integrators and service providers across all industries, enabling their pursuit of enterprise digital transformation.

# # #

Copyright (c) 2018 Telit Communications PLC. All rights reserved. Telit and all associated logos are trademarks of Telit Communications PLC in the United States and other countries. Other names used herein may be trademarks of their respective owners.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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(END) Dow Jones Newswires

November 13, 2019 08:20 ET (13:20 GMT)

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