Welcome to our dedicated page for Inseego news (Ticker: INSG), a resource for investors and traders seeking the latest updates and insights on Inseego stock.
Inseego Corp. (symbol: INSG) is a prominent global player in the field of wireless technology and solutions for the Internet of Things (IoT). Headquartered in sunny San Diego, California, the company specializes in the design and development of both fixed and mobile wireless solutions, including cutting-edge technologies for 4G and 5G NR networks. Inseego's comprehensive product portfolio serves a wide array of needs for enterprises, service providers, small and medium-sized businesses, governments, and consumers across the globe.
At the core of Inseego's offerings are their intelligent mobile hotspots, wireless routers designed for IoT applications, USB modems, and a range of integrated telematics and mobile tracking devices. These hardware solutions are complemented by advanced applications software and cloud services, enabling users to seamlessly analyze data insights and manage their hardware configurations.
The company's product lines include the renowned MiFi® intelligent mobile hotspots and modems, the Ctrack™ fleet and vehicle telematics platform, and the Feeney Wireless (FW) IoT consulting services. These solutions deliver consistent and reliable communication and analytics capabilities, catering to both consumer and business markets. As of the latest records, Inseego supports around 155,000 subscribed fleet vehicles for Ctrack among its approximately 510,000 global subscribers.
Generating maximum revenue from the United States and Canada, Inseego also maintains a significant presence in Australia, Europe, including the United Kingdom. The company’s commitment to innovation and excellence positions it as a leader in delivering next-generation wireless solutions that drive connectivity and business intelligence.
Inseego Corp. (Nasdaq: INSG) announced a definitive agreement for an affiliate of Convergence Partners to acquire its South African Ctrack operations for approximately 529 million ZAR (around $36.2 million USD). This all-cash transaction aims to strengthen Inseego's balance sheet, allowing further focus on its 5G strategy. The sale is part of a broader plan to transform Inseego into a 5G-centric company. The transaction awaits regulatory approvals and is expected to close in Q2 2021.
Inseego Corp. (Nasdaq: INSG) will announce its financial results for Q4 and the year ending December 31, 2020, after market close on March 1, 2021. Following the announcement, a conference call will be held at 5:00 p.m. ET, featuring a Q&A session with analysts. Interested parties can access a live audio webcast through the company's website and can pre-register for the telephone conference. An audio replay will be available after the call until March 15, 2021. Inseego specializes in 5G and IoT solutions, providing advanced connectivity systems.
Inseego Corp. (Nasdaq: INSG) announced the certification of its Wavemaker PRO 5G indoor router for use in Europe, North America, and Australia, with further certifications pending. Targeted at enterprise customers, this router offers multi-carrier 5G and Wi-Fi 6 connectivity, alongside cloud software for efficient device management. Inseego aims to enhance broadband access for various business needs including remote and secure work. The company is also expanding its global distribution network to support new enterprise solutions.
Inseego Corp. (Nasdaq: INSG) showcases its latest 5G solutions at the all-digital CES 2021. Highlighted products include the CES 2021 Innovation Award-winning 5G MiFi® M2000 Series mobile hotspot, capable of connecting up to 30 devices, and the Wavemaker™ 5G indoor routers, designed for underserved areas. The Wavemaker™ 5G outdoor modem and advanced cloud management tool Inseego Manage are also featured. CEO Dan Mondor emphasized the company’s leadership in 5G innovation and commitment to providing advanced connectivity solutions globally.
Inseego Corp. (Nasdaq: INSG) has announced that CEO Dan Mondor and CFO Craig Foster will present at the 23rd Annual Needham Virtual Growth Conference on January 11, 2021, at 12:30 p.m. ET. The event will include one-on-one meetings with investors. A live webcast of the presentation will be available on Inseego's investor relations site, along with a replay accessible for 90 days afterward. Inseego is recognized for its advanced 5G and IoT solutions, providing robust connectivity and security across various environments.
Inseego Corp. (Nasdaq: INSG) has launched the Wavemaker series, a new line of 5G fixed wireless solutions aimed at enhancing broadband access in diverse environments. The portfolio features two indoor routers and two outdoor modems, compatible with both sub-6 GHz and mmWave spectrum bands, designed to perform on par with fiber optics. With applications across residential and business settings, these products aim to solve the 'last mile' broadband issue. The Wavemaker series will be available in North America starting tomorrow, expanding to other regions in 2021.
Vodafone Qatar has launched the Inseego 5G MiFi® M2000, marking a significant milestone as the first operator in the region to provide this advanced mobile hotspot. Priced at QR 1,699, the device enhances user connectivity through Wi-Fi 6 and Vodafone’s GigaNet 5G network. The MiFi M2000 supports gigabit-plus speeds and is tailored for high-demand applications like streaming and gaming. Inseego aims to enrich user experience with this new device, while Vodafone highlights its 5G readiness to meet winter demand.
Inseego Corp. (Nasdaq: INSG) has expanded its operations in Japan by launching its 5G MiFi® M2000 mobile hotspot in collaboration with Grape One Ltd., a subsidiary of Sumitomo Corporation. This move aims to tap into the significant 5G market in Japan, providing high-speed broadband solutions tailored for local cable television companies. The 5G MiFi M2000 supports mmWave and sub-6 GHz spectrum bands, promising multi-gigabit speeds for various applications. Inseego is also establishing a local subsidiary in Tokyo to enhance sales and technical support for network operators and enterprise customers.
Inseego (NASDAQ: INSG) has launched its 5G MiFi® M2000 mobile hotspot with T-Mobile, marking it as the Un-carrier’s first 5G hotspot. This strategic partnership enables T-Mobile to offer a secure integrated solution for enterprise customers with Inseego Connect cloud management software. The MiFi M2000 supports up to 30 Wi-Fi devices simultaneously and features enhanced security, dual-band Wi-Fi 6, and robust battery life. This collaboration underscores Inseego's trusted status among mobile operators while expanding their relationship with T-Mobile in the 5G domain.
Inseego (Nasdaq: INSG) has announced the availability of its MiFi® 8000 4G LTE mobile hotspot for AT&T enterprise users and FirstNet® service responders nationwide. The MiFi 8000 offers gigabit-class LTE speeds and enterprise-grade security, supporting up to 15 devices. It's designed for demanding users, providing long battery life and rapid charging. Additionally, the device is FirstNet Ready™, ensuring priority connectivity for first responders. Priced at $179.99 or $6.00/month on a 30-month plan, it aims to meet the growing need for reliable internet access in various environments.
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