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Certification for LTE Cat 1 modules with VoLTE

24 Oct 2017 07:00

RNS Number : 3782U
Telit Communications PLC
24 October 2017
 

RNS REACH

 

Telit Communications PLC

 

Telit completes certification for LTE Cat 1 modules with Voice over LTE

 

London, 24 October 2017 - Telit Communications PLC ("Telit", "the Group", AIM: TCM), a global enabler of the Internet of Things (IoT), today announced that its portfolio of LTE Category 1 (Cat 1) modules supporting Voice over LTE (VoLTE) technology are now available for operation on Verizon's 4G LTE network.

 

IoT integrators are now able to take advantage of the new and cost-effective standard for cellular voice communication, essential for the long-term evolution of voice-dependent applications in the IoT.

 

Yosi Fait, Telit's Interim Chief Executive Officer, said:

"The delay in this VoLTE certification, as previously mentioned, was one of the reasons for our revenue shortfall in the first half. However, in line with our existing expectations, this certification clearance will enable us to ramp up the shipping of these modules in 2018.

"The IoT industry is mainly focused on data traffic, but voice communication, either by itself or simultaneously with data, is essential for applications like home security systems.

 "As a major supplier to the IoT segment of security and surveillance and many others dependent on voice, we are intent on continuing to deliver achievements like this certification."

 

Integrators and providers looking for lower costs, security and extended product lifecycles now have more options with the Telit LE910-SVx Verizon certified LTE Cat 1 VoLTE modules. The combination of LTE Cat 1 technology with VoLTE support makes these modules ideal for new and existing applications in segments such as home and business security, people tracking, wellness monitoring for the elderly and convalescent, smart home, and smart buildings.

 

Enquiries:

 

Telit Communications PLC

Shir Stopper, Investor Relations

 

Tel: +972 3 7914000

finnCap (Nomad and joint broker)

Henrik Persson/Giles Rolls (corporate finance)

Tim Redfern/Richard Chambers (corporate broking)

Tel: +44 20 7220 0500

 

 

Berenberg (Joint Broker)

Chris Bowman/Mark Whitmore/Ben Wright

Tel: +44 20 3465 2722

 

 

Instinctif Partners

Tel: +44 20 7457 2077

Adrian Duffield/Chantal Woolcock

 

 

About Telit

Telit (AIM: TCM), is a global leader in Internet of Things (IoT) enablement. The company offers the industry's broadest portfolio of integrated products and services for end-to-end IoT deployments - including cellular communication modules in all technologies, GNSS, Wi-Fi, short-to-long range wireless modules, IoT connectivity plans and IoT platform services. Through the IoT Portal, Telit makes IoT onboarding easy, reduces risk, time to market, complexity and costs for asset tracking, remote monitoring and control, telematics, industrial automation and others, across many industries and vertical markets worldwide.

 

 

# # #

 

Copyright © 2017 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 company news service from the London Stock Exchange
 
END
 
 
NRABUBDGBSDBGRX
Date   Source Headline
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