Novatel Wireless Inc.
) - one of the leading manufacturers of wireless data modems -
launched SA 2100, a superior higher frequency MiFi-based M2M
device which will connect various M2M vertical markets.
The launch of the new SA 2100 technology will ease the usage
of M2M applications across vertical markets as the new device
will be integrated with simple applications.
The new device will be of immense help to various M2M vertical
markets which includes M2M Fixed Telemetry, M2M Fleet Management
and Asset Tracking and Connected car. By using SA 2100 in cars as
a hotspot, the user can easily connect multiple devices through a
Likewise, the usage of SA 2100 device for M2M Fleet Management
and Asset Tracking will also benefit the user to easily track the
fleet through advanced GPS tracker. While in case of M2M Fixed
Telemetry, the new device will connect Ethernet-powered or
Wi-Fi-based devices to lightning fast Internet by 4G LTE
Novatel is one of the leading brands to offer MiFi devices to
its customers. The company already supplies its LTE-based MiFi
devices to the top three carriers in the U.S., namely,
Verizon Communication Inc.
Sprint Nextel Corp.
However, the company is facing stiff competition from the
low-cost Asian manufacturers, including ZTE and Huawei
Technologies. Moreover, in recent times, most smartphones have
inbuilt hotspot facilities, thus completely bypassing the need
for any MiFi modem.
In order to boost its top line, the company is continuously
upgrading its software and launching innovative devices in an
attempt to drive the Mi-Fi usage.
Currently, Novatel Wireless has a Zacks Rank #3 (Hold).
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