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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Inseego Corp    INSG

INSEEGO CORP

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Inseego : Verizon 5G launches in St. Paul alongside Inseego 5G MiFi M1000 hotspot

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07/19/2019 | 04:20pm EDT

A few weeks after Verizon last expanded its 5G network, the coverage is growing again.

Verizon 5G is now live in St. Paul, MN. This is the fifth city to get Verizon's 5G network, joining Denver, Chicago, Minneapolis, and Providence. Verizon has said that it plans to launch 5G in more than 30 cities in 2019.

Verizon customers in St. Paul can find 5G service in parts of the Downtown, Lowertown, and West Seventh neighborhoods around landmarks like the Minnesota Children's Museum, the Minnesota Museum of American Art, the Fitzgerald Theater, Cathedral Hill Park, and the Alexander Ramsey House.

Also launching today is a new 5G device. The Inseego 5G MiFi M1000 is available from Verizon today for $27.08 per month for 24 months ($649.99 full retail) or $499.99 with a two-year contract. Customers with an unlimited smartphone plan can add the Inseego 5G MiFi M1000 to their account and get a combo of 50GB of 5G and 15GB of 4G LTE hotspot usage for $30 per month.

Verizon business customers can get the Inseego 5G MiFi M1000 for $499.99 with a two-year contract or $649.99 full retail. Business customers with a $45 per month unlimited plan can get 35GB of 4G/5G usage for an additional $15 per month.

The Inseego 5G MiFi M1000 hotspot measures 3.48 inches high by 4.85 inches wide. Its features include a 2.4-inch touchscreen that'll show your connection strength, battery life, number of connections, and more. There's a 4400mAh battery that Inseego says will get you a full day of usage, a USB-C port for charging, and 32GB of storage. Also included is an ethernet port for tethering and support for connecting up to 15 Wi-Fi devices at once.

Source: Phonedog

Disclaimer

Inseego Corp. published this content on 19 July 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 July 2019 20:19:05 UTC

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Financials (USD)
Sales 2019 229 M
EBIT 2019 4,97 M
Net income 2019 -33,2 M
Debt 2019 125 M
Yield 2019 -
P/E ratio 2019 -9,80x
P/E ratio 2020 -29,7x
EV / Sales2019 1,97x
EV / Sales2020 1,53x
Capitalization 325 M
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Number of Analysts 6
Average target price 6,67  $
Last Close Price 4,09  $
Spread / Highest target 95,6%
Spread / Average Target 63,0%
Spread / Lowest Target 34,5%
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Dan Mondor Chairman, President & Chief Executive Officer
Douglas L. Kahn Executive VP-Operations & Customer Success
Stephen M. Smith Chief Financial Officer & Executive VP
Robert M. Pons Independent Director
Jeffrey M. Tuder Independent Director
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