Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

FALCONE PHILIP

2. Date of Event Requiring Statement (MM/DD/YYYY) 10/7/2014

3. Issuer Name and Ticker or Trading Symbol

NOVATEL WIRELESS INC [NVTL]

(Last) (First) (Middle)

9645 SCRANTON ROAD, SUITE 205

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director ___ X ___ 10% Owner
_____ Officer (give title below) _____ Other (specify below)

(Street)

SAN DIEGO, CA 92121

(City) (State) (Zip)

5. If Amendment, Date Original Filed (MM/DD/YYYY)

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	7363334	I	by HC2 Holdings 2 ⁽¹⁾

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Series C Preferred Stock	⁽²⁾	⁽²⁾	Common Stock	87196	⁽²⁾	I	by HC2 Holdings 2 ⁽¹⁾
Warrant (right to buy)	3/8/2015	9/8/2019	Common Stock	4117647	$2.26	I	by HC2 Holdings 2 ⁽¹⁾

Explanation of Responses:
( 1)	The securities are owned directly by HC2 Holdings 2, Inc. ("HC2 Holdings"). HC2 Holdings is a wholly owned subsidiary of HC2 Holdings, Inc. ("HC2"), and HC2 may be deemed to have the sole voting and dispositive power over the securities held by HC2 Holdings. Mr. Falcone is the President, Chief Executive Officer and Chairman of the Board of Directors of HC2, and the Chief Executive Officer and Chairman of the Board of Directors of the Harbinger Group, Inc., which beneficially owns 24.7% of the outstanding common stock of HC2. Mr. Falcone beneficially owns 26.4% of the outstanding common stock of HC2. By virtue of the foregoing, Mr.Falcone may be deemed to share in the voting and dispositive power over the securities held by HC2 Holdings. Mr. Falcone disclaims beneficial ownership of the securities held by HC2 Holdings except to the extent of any pecuniary interest therein.
( 2)	Each share of Series C Preferred Stock will automatically convert into 10 shares of the Issuer's common stock upon receipt of the required stockholder approval. The Series C Preferred Stock is not convertible into common stock prior to obtaining the requisite stockholder approval. The Series C Preferred Stock has no expiration date.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
FALCONE PHILIP 9645 SCRANTON ROAD SUITE 205 SAN DIEGO, CA 92121	X	X

Signatures
/s/ Michael Newman, Attorney-in-Fact		10/9/2014
^** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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