Novatel Wireless Inc.
) introduced its next-generation intelligent mobile hotspot - the
MiFi 2, which is developed by using the company's wireless patents.
MiFi is an ultra-portable wireless device, creating an environment
of high-speed Internet connectivity that can be easily shared
between multiple users and Wi-Fi devices. The innovative MiFi 2 is
the first touchscreen intelligent mobile hotspot available in the
Earlier, Novatel introduced its first 4G MiFi mobile intelligent
hotspots with Verizon Wireless, a joint venture between
Verizon Communications Inc.
Vodafone Group plc.
). MiFi 4510L provides backward compatibility with Verizon's 3G
networks. At present, Novatel is the only company, which can offer
a full suite of LTE products across all forms of wireless data
access medium, viz., MiFi Intelligent mobile hotspots, Ovation USB
modems and Expedite embedded modules.
Novatel's future growth prospects look quite attractive as the
company plans to expand its new customer base coupled with the
launch of new MiFi products for major telecom operators. Moreover,
higher proliferation of 4G-based devices and the expected launch of
) developed Windows 8-based devices will further create huge
opportunity for the company going forward.
), the largest cable TV operator in the U.S., is also using MiFi
Intelligent Mobile Hotspot of Novatel for its nationwide rollout of
the TV Everywhere service called "Xfinity Internet 2go". Novatel is
commercializing its own content delivery portal supported by the
MiFi platform. By vending mobile content the company plans to
generate recurring revenue.
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