Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

Telit activates new mobile core network Telit NExT

26th May 2021 14:00

RNS Number : 9183Z
Telit Communications PLC
26 May 2021
 

Telit Communications PLC

Telit activates new mobile core network Telit NExT

 

London, 26 May 2021 - Telit Communications PLC ("Telit", AIM: TCM), is pleased to announce the launch of commercial operations of its new mobile core network, Telit NExT, enabling new and enhanced turnkey services that give enterprises, IoT service providers and other users access to over 600+ 2G, 3G and 4G networks in 190 countries.

 

The new IoT conceived core network is a key element in the expansion of Telit's cloud & connectivity offering and the latest example of Telit's commitment to providing the entire ecosystem with services and solutions that enable seamless, flexible, reliable connectivity.

 

Tomer Lavie, Head of Telit's Connectivity Business Unit, said: "Reliable, secure, seamless, and cost-effective connectivity is the lifeblood of every commercial, industrial, and consumer IoT deployment. The state-of-the-art architecture of the Telit NExT network enables new business models for packaging and pricing services for enterprises, IoT service providers and others for quickly rolling out IoT deployments from a few to millions of devices. And once those deployments are launched and scaled, we provide easy-to-use tools to manage and secure devices, so that our network delivers the business and operating results that meet customers' parameters including speed, QoS, support and others."

 

For more information on the Telit NExT offer, visit: https://www.telit.com/press-release/telit-network-provides-first-of-kind-cellular-connectivity-iot-access-to-600-2g-3g-and-4g-lte-networks-in-190-countries/

 

 

Enquiries:

 

Telit Communications PLCPaolo Dal Pino, Chief Executive Officer

Eyal Shefer, Chief Financial Officer

 

Tel: +44 203 289 3831

finnCap (Nomad and Broker)

Henrik Persson/Charlie Beeson (corporate finance)

Tim Redfern / Richard Chambers (ECM)

 

 

Tel: +44 20 7220 0500

FinElk

Tel: +44 20 7631 8618

Robin Haddrill/ Cornelia Schnepf

Email: [email protected]

 

 

About RNS Reach announcements

This is an RNS Reach announcement. RNS Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on RNS Reach.

 

About Telit

Telit (AIM: TCM), is a global leader in Internet of Things (IoT) enablement, with an extensive portfolio of wireless connectivity modules, software platforms and global IoT connectivity services, empowering hundreds of millions of connected 'things' to date, and trusted by thousands of direct and indirect customers, globally. With over 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 them to simplify, connect and manage IoT at any scale.

# # #

 

Copyright © 2021 Telit Communications PLC. All rights reserved. Telit, Telit OneEdge 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 Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRAAFMBTMTJTBIB

Related Shares:

TCM.L
FTSE 100 Latest
Value8,275.66
Change0.00