23 Aug 2016 07:00
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Telit Communications PLC
Telit introduces five new LTE IoT Modules for North American and European markets
London, 23 August 2016 - Telit Communications PLC ("Telit", "the Group", AIM: TCM), a global enabler of the Internet of Things (IoT), announces a new portfolio of LTE IoT modules. The portfolio includes four LTE Cat M1 modules for the American market and one LTE Cat NB1 module for the European market.
Telit's new portfolio of LTE modules addresses the strong global demand from the industry for Cat M1 and NB1 (LPWA) modules, which enable a wide variety of new product concepts, and the increasing demand in the US market for migration paths away from 2G.
Cat M1 and NB1 standards were devised to address the specific needs of IoT applications, offering optimised power consumption and enhanced coverage.
The LTE Cat M1 generation of enhanced machine type communication (eMTC) products support power saving mode and extended discontinuous reception which, when combined, provides years of battery life. The battery life of devices using LTE Cat NB1 can last for up to 10 years or more.
The new portfolio of IoT-optimised LTE modules are compliant with the newly approved Release 13 standard set by the 3rd Generation Partnership Project (3GPP), a collaboration between seven telecommunications standard development organisations aimed at developing global standards for 3G mobile systems.
The modules begin sampling later this year with commercial availability expected in early 2017, in alignment with the current service launch timelines of American operators.
Oozi Cats, Telit's Chief Executive, said:
"The launch of this new range of LTE IoT modules enables us to provide our customers with a complete portfolio of compliant products in order to better service their evolving needs.
"This standard includes two branches, M1 and NB1, offering optimised power consumption and enhanced coverage."
The new portfolio will be featured at CTIA Super Mobility 2016 on Telit's booth at Sands Expo, Las Vegas, Booth #4832 from 7-9 September 2016.
Enquiries:
Telit Communications PLCOozi Cats, CEO Yosi Fait, Finance Director & President | Tel: +39 06 4204601 | |
Canaccord Genuity Limited (Nominated Adviser and Joint Broker) Simon Bridges/Cameron Duncan | Tel: +44 20 7523 8000 | |
Berenberg (Joint Broker) Chris Bowman/Ben Wright | Tel: +44 20 3465 2722 | |
Instinctif Partners | Tel: +44 20 7457 2020 |
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Adrian Duffield/Chantal Woolcock |
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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, 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.