BARCELONA, Spain — February 26, 2019 Sequans Communications S.A. (NYSE: SQNS) is working with Deutsche Telekom on its recently announced technology, nuSIM, which is a ground-breaking solution that moves the SIM card functionality directly onto the chipset. This new development, whereby the old paradigm of removable SIM cards is done away with, ushers in a new era in IoT device deployment that enables IoT devices to be smaller, more cost-effective, and more power-efficient, thus significantly improving Deutsche Telekom’s ability to manage massive IoT device deployments with carrier grade security and efficiency.
“nuSIM is a powerful innovation and we are excited to play a part in this exciting development with Deutsche Telekom,” said Georges Karam, Sequans CEO. “Integrating the SIM functionality directly onto the chip will have a profound impact on the cost-sensitive IoT market as it will simplify provisioning and deployment and bring value to not only Deutsche Telekom, but to all of our IoT customers who will benefit from the lower device cost that an integrated SIM allows.”
“We are pleased to collaborate with Sequans on integrating nuSIM into their Monarch LTE for IoT chip,” said Ingo Hofacker, Senior Vice President, responsible for the IoT business at Deutsche Telekom. “All of Sequans’ Monarch customers who are looking to launch new IoT devices on our network will benefit from the simplified SIM solution. That will get their products to market faster than ever before.”
“nuSIM represents a major technological advancement in the IoT industry that will no doubt soon be adopted by many operators,” said Karam. Deutsche Telekom is leading the way here to create an open ecosystem.”
Deutsche Telekom is holding a nuSIM session at its stand at Mobile World Congress on Wednesday, February 27 at 1:00 PM, hall 3, stand 3M31. Visit Sequans in hall 5, stand 5C87.
About Sequans Communications
Sequans Communications S.A. (NYSE: SQNS) is a leading provider of single-mode 4G LTE semiconductor solutions for the Internet of Things (IoT) and a wide range of broadband data devices. Founded in 2003, Sequans has developed and delivered seven generations of 4G technology and its chips are certified and shipping in 4G networks around the world. Today, Sequans offers two LTE product lines: StreamrichLTE™, optimized for broadband devices, including CPE, mobile and portable routers, and high-performance IoT devices; and StreamliteLTE™, optimized for lower data rate and narrowband IoT devices, including wearables, trackers, and sensors. Sequans is based in Paris, France with additional offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Sweden, Taiwan, South Korea, and China. Visit Sequans online at www.sequans.com
Media relations: Kimberly Tassin (USA), +1.425.736.0569, firstname.lastname@example.org
Investor relations: Claudia Gatlin (USA), +1 212.830.9080, email@example.com