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Telit ME310G1-WW and ME910G1-WW Modules Certified for Use on Telstra's LTE-M and NB-IoT Networks
28/12/2020 2:00pm
PR Newswire (US)
Telit Communications (LSE:TCM)
Intraday Stock Chart
Tuesday 29 December 2020
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LONDON, Dec. 28, 2020 /PRNewswire/ -- Telit, a global enabler of the Internet of Things (IoT), today announced that its ME310G1-WW and ME910G1-WW modules are now certified for use on Telstra's LTE-M and NB-IoT networks. Featuring optimized power consumption and enhanced coverage even deep inside buildings, the modules give Australian enterprises, smart cities and other organizations powerful new options for leveraging Telstra's next-generation IoT networks. For more information, visit https://contact.telit.com/nbiot.
fantastic
Statement re possible offer
Telit Communications PLC ("Telit" or the "Company") notes DBAY Advisers Limited's ("DBAY") two announcements on Friday 4 December 2020. The first announcement at 07:00 (GMT) stated that it was considering a possible offer of £1.90 per Telit share to be made by funds under the management of DBAY. The second announcement at 11:06 (GMT) stated that it had bought 471,516 Telit shares and the highest price paid was £1.948 per share and accordingly, under the rules of the Code, any offer would therefore need to be at or above this price.
The Board of Telit believes that an offer at £1.948 per Telit share would fundamentally undervalue Telit. As highlighted in the trading update released on 10 November 2020, Telit has shown resilience despite continued lockdown measures across the Company's markets and the impact of the pandemic on customer spending. This resilience, allied with the Board's belief that the equity markets have not yet embedded the fundamental governance, strategic, operating and financial changes in Telit since the events of 2017, informs the Board's view that Telit remains undervalued.
The Board also notes DBAY's comments about the proposal from u-blox Holding AG ("u-blox"). The Board believes that the industrial logic in a combination with u-blox could create value for shareholders of both companies. However, any combination would need to be on terms that reflect Telit's financial performance and position and be structured in a way that ensures the benefits of the combination would be delivered.
Telit is continuing commercial discussions with both u-blox and DBAY with a view to ensuring that any possible transaction with either party would be in the best interests of all shareholders, whether large or small.
There can be no certainty that a firm offer will be made for the Company by either DBAY or u-blox. There can be no certainty as to the terms of any offer made by u-blox, if made.
their
cant d bay be reported for the shenanigans
aim must hold d bay to account
they make a statement shares fall then hover up at cheap price
Dbay Advisers Limited ("Dbay") announced a possible cash offer of GBP1.90 per Telit share (the "Dbay Possible Offer") this morning. Dbay now confirms that it has acquired 471,516 Telit shares today and the highest price paid was GBP1.948 per share and accordingly, under the rules of the Code, any possible offer from Dbay will need to be at or above this price. A detailed dealing announcement under Rule 8 of the Code will be made as appropriate.
telit should give out a special dividend, maybe they will **** off then
https://servowatch.com/
just bought this company seems market likes it
Telit Communications makes components needed for smart devices and internet of things (IoT) devices to connect to networks, and provides platforms for them to operate on. Telit’s strategy is focused on the evolution of products and devices in a world of faster connectivity and creating the next generation of modules, routers, gateways and other products and services that are needed to run them.
Its existing position in 4G and other technologies makes it a natural partner for many looking to make 5G-enabled devices, and the fact 5G will lead to more smart devices entering the market should only boost demand for Telit’s products and services
mperial Brands plc, a British multinational tobacco company based in Bristol have recently started to expand their portfolio into the cannabis sector. The company who are behind popular tobacco brands such as Embassy, Lambert & Butler, Richmond and Golden Virginia have invested into two cannabis-based companies in the last 14 months whose products range vary from medical cannabis to vaping technology.
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Shares of cannabis companies rallied Tuesday, after the Trump administration made its first move late Monday to accept Joe Biden as president-elect by saying it was ready to begin the formal transition process. The ETFMG Alternative Harvest ETF MJ, +5.19% surged 6.1% in premarket trading. It had shot up nearly 20% in the days following the election, on expectations Joe Biden will push for cannabis reform, then pulled back as President Trump continued to dispute the results. Among the more-active cannabis stocks in the premarket, the U.S.-listed shares of Aurora Cannabis Inc. ACB, +21.30% soared 29.5%, Tilray Inc. TLRY, +12.12% shot up 19.2%, Canopy Growth Corp. CGC, +6.99% climbed 7.6% and Cronos Group Inc. CRON, +6.94% ran up 10.4%. The MJ ETF has rallied 26.5% so far this month through Monday, while the S&P 500 SPX, 1.47% has advanced 9.4%.
offer not agreed to yet, could be that management will reject if they see potential of going past £3.00
LONDON, Nov. 23, 2020 /PRNewswire/ -- Telit, a global enabler of the Internet of Things (IoT), today announced that its LM960A18 mPCIe data card completed inter-operability testing at NTT DOCOMO. The LM960A18 allows customers in Japan to have a convenient way to replace their existing LTE mPCIe modules with an LTE-Advanced solution, giving enterprise IT vendors and other developers a global platform for creating LTE products.
exactly/vid