Telit Communications PLC Telit & Tele2 launch embedded SIM technology
June 14 2017 - 2:01AM
RNS Non-Regulatory
TIDMTCM
Telit Communications PLC
14 June 2017
RNS REACH
Telit Communications PLC
Telit and Tele2 launch module-software embedded SIM
technology
London, 14 June 2017 - Telit Communications PLC ("Telit", "the
Group", AIM: TCM), and Tele2 (NASDAQ OMX Stockholm: TEL2 A and TEL2
B), global enablers of the Internet of Things (IoT), today
announced the launch of simWISE, a cellular module-embedded SIM
technology, the first of its kind.
The new technology can act as a replacement or complement for
manufacturers of cellular-connected devices using traditional SIM
card and tray.
Manufacturers of connected products that embed Telit IoT modules
with simWISE significantly reduce time to market, complexity, and
will improve customer experience across all verticals.
The module-software embedded SIM technology is essential to the
mass-rollout of Cellular IoT technology, in particular LPWA
offerings such as LTE-M and NB-IoT. This initial release of simWISE
for mass market 2G devices is the first step in Telit's roadmap to
deliver a broad set of innovative technologies related to embedded
connectivity that will expand across the product portfolio.
Telit's ability to offer the industry's broadest portfolio of
both integrated products and services, and Tele2 IoT's
best-in-class connectivity solution, allows the companies for the
first time to provide the market with the enhanced value
proposition of simWISE that reduces the total cost of ownership and
improves the connection lifecycle management features of IoT
deployments across the globe.
Alon Segal, CTO of Telit, commented:
"As the IoT market matures and devices continue to get less
expensive and smaller, it is essential we make it easier for
enterprises to harness the growth potential of IoT by using cost
effective and simple solutions such as simWISE."
"Removal of the physical SIM card from product design
dramatically reduces the risk, time to market, complexity, and cost
of manufacturing IoT devices."
Stephen Bryant, CTO at Tele2 IoT, said:
"We have a strong partnership with Telit from both commercial
and technology aspects and we share the same vision about the
ecosystem. simWISE will simplify and streamline manufacturing,
logistics and onboarding. Tele2 IoT will always be on the frontline
of new IoT technologies and solutions."
simWISE benefits for users and manufacturers of
cellular-connected devices are numerous. Device manufacturers can
expect lower total cost of ownership, the ability to quickly swap
mobile network operators, improved product reliability, and a
single SKU for connected products that can operate on a global
scale.
Enquiries: Telit Communications PLC Tel: +39 06 4204601
Oozi Cats, CEO
Yosi Fait, Finance Director & President
Canaccord Genuity Limited (Nominated Adviser and Tel: +44 20 7523
Joint Broker) 8000
Simon Bridges/Martin Davison
Berenberg (Joint Broker) Tel: +44 20 3465
Chris Bowman/Ben Wright 2722
Instinctif Partners Tel: +44 20 7457
2020
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.
About Tele2
TELE2'S MISSION IS TO FEARLESSLY LIBERATE PEOPLE TO LIVE A MORE
CONNECTED LIFE. We believe the connected life is a better life, and
so our aim is to make connectivity increasingly accessible to our
customers, no matter where or when they need it. Ever since Jan
Stenbeck founded the company in 1993, it has been a tough
challenger to the former government monopolies and other
established providers. Tele2 offers mobile services, fixed
broadband and telephony, data network services, content services
and global IoT solutions. Every day our 17 million customers across
9 countries enjoy a fast and wireless experience through our award
winning networks. Tele2 has been listed on the NASDAQ OMX Stockholm
since 1996. In 2016, Tele2 had net sales of SEK 28 billion and
reported an operating profit (EBITDA) of SEK 5.3 billion. For
definitions of measures, please see the last pages of the Annual
Report 2016. Follow @Tele2group on Twitter for the latest
updates.
# # #
Copyright (c) 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
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