Sequans is participating in CES 2021, January 11-14, where it will have an online exhibit, including new product information, and the ability to network and set meetings with Sequans. The reasoning behind the larger module is that it self-contains an antenna, the Sequans GM01Q module, and the enclosure for these is already certified for use on the Verizon network. Sequans Communications S.A. (NYSE: SQNS) is a leading provider of single-mode LTE chips and modules for the Internet of Things (IoT) and a wide range of broadband data devices. Founded in 2003. Sequans Communications S.A. (NYSE:SQNS) went down by -7.00% from its latest closing price compared to the recent 1-year high of $9.38. The company’s stock price has collected 3.10% of gains in the last five trading sessions.
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Renesas Electronics Corporation and Sequans Communications announced an expansion of their collaboration to include development of 5G modules based on Sequans’ upcoming Taurus 5G platform.
Renesas will gain non-exclusive technology access and licensing from Sequans. This follows the two companies’ earlier cooperation to develop modules based on Sequans’ Monarch LTE-M/NB-IoT platform, announced last October.
Through their expanded 5G relationship, Renesas and Sequans aim to bring together Sequans’ 5G modem technology with Renesas’ analog front-end FR1/FR2 technology to create a best-in-class combined 5G solution.
“Seeing the good momentum of our collaboration on massive IoT with joint LTE-M/NB-IoT solutions, we are excited now to embark on the road to 5G broadband IoT with Renesas,” said Georges Karam, Sequans CEO. “Renesas is a powerhouse in design and execution with global market reach, and our collaboration will benefit the entire 5G IoT industry.”
The Taurus 5G platform is 3GPP Release 16 compliant and optimized to address a wide range of enhanced broadband and critical IoT applications, including fixed wireless access, mobile computing, private and vertical networks, industrial machinery, AR/VR, and drones. According to Techno Systems Research, the global addressable market is estimated to be more than 250 million devices by 2025.
“Sequans is one of the very few semiconductor companies with a full range of cellular IoT solutions from LTE-M and NB-IoT all the way up to 5G NR,” said Roger Wendelken, Senior Vice President, Head of MCU Business, IoT and Infrastructure Business Unit at Renesas.
“We are pleased to expand our collaboration to address the coming 5G revolution and the many exciting opportunities for technology advancement it will bring us and our global customers.”
The expanded collaboration also gives Renesas access to Sequans recently announced second generation Cat 1 technology, Calliope 2, designed to be a power-efficient and cost-effective solution for those IoT applications needing higher than LTE-M speed and/or VoLTE support, such as connected speakers or alarm devices. Renesas expects to deliver modules supporting 4G extensions and most 5G modes beginning in late 2021 and extending through 2022.
“This collaboration enables Renesas to expand their comprehensive module offering with a wide range of 5G/4G cellular IoT modules, and enables Sequans to extend its reach into a wider range of IoT market segments,” said Karam.
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PARIS & BELLEVUE, Wash.--(BUSINESS WIRE)--Sequans Communications S.A. (NYSE: SQNS) announced an agreement to deliver Sequans’ LTE Cat 1 technology and products to T-Mobile’s (NASDAQ: TMUS) machine-to-machine (M2M) and Internet of Things (IoT) customers. Sequans’ Calliope LTE Cat 1 chipset platform, which uniquely supports VoLTE and enables a wide range of industrial and consumer IoT applications, including asset tracking, alarm systems, telematics devices, retail applications, smart utility meters and more, is now certified and available for use on T-Mobile’s network.
“We are very happy to support T-Mobile’s IoT network strategy as an LTE Cat 1 technology provider,” said Georges Karam, Sequans CEO. “LTE Cat 1 enables 4G solutions to rival 2G/3G in cost while providing much greater longevity. This means T-Mobile’s customers have access to a leading wireless network that is scalable and secure with broad coverage, along with affordable, long-lived connectivity solutions for successful IoT and M2M business models.”
Both companies prepared for the launch of LTE Cat 1 IoT devices on T-Mobile’s network by conducting a successful Cat 1 network and device trial on T-Mobile’s 4G LTE network last year. Sequans was the first chipmaker to launch and commercialize LTE Cat 1 technology, and the Calliope chipset and IoT-ready module are now certified and available for use on T-Mobile’s network.
“Unlike the old guard carriers, T-Mobile’s focus is listening to, and helping solve, wireless customers’ pain points – for our IoT customers that means delivering a future-proof network migration path from 2G to 4G LTE,” said Doug Chartier, senior vice president, IoT, Wholesale and National Retail at T-Mobile. “The Sequans LTE Cat 1 technology, paired with T-Mobile’s fast, nationwide 4G LTE network, helps meet the industry-leading cost and power benefits that our customers demand for the IoT and M2M applications of today and tomorrow.”
Sequans’ operator-approved LTE Cat 1 chipset platform, Calliope, is an award-winning LTE for IoT chipset solution that is highly optimized for M2M and IoT applications. It features Category 1 throughput up to 10 Mbps, ultra-low power consumption, and supports VoLTE and location-based services. Sequans’ Calliope-based modules for T-Mobile’s network are available to M2M and IoT customers now at affordable pricing based on customers’ scale and needs.
About Sequans Communications
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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.