Telit Communications : acquires new mobile core network NExT

Telit Communications PLC

Telit activates new mobile core network Telit NExT

London, 27 May 2021 - Telit Communications PLC ('Telit', AIM: TCM), is pleased to announce the launch of commercial operations of its new mobile core network, Telit NExT, enabling new and enhanced turnkey services that give enterprises, IoT service providers and other users access to over 600+ 2G, 3G and 4G networks in 190 countries.

The new IoT conceived core network is a key element in the expansion of Telit's cloud & connectivity offering and the latest example of Telit's commitment to providing the entire ecosystem with services and solutions that enable seamless, flexible, reliable connectivity.

Tomer Lavie, Head of Telit's Connectivity Business Unit, said: 'Reliable, secure, seamless, and cost-effective connectivity is the lifeblood of every commercial, industrial, and consumer IoT deployment. The state-of-the-art architecture of the Telit NExT network enables new business models for packaging and pricing services for enterprises, IoT service providers and others for quickly rolling out IoT deployments from a few to millions of devices. And once those deployments are launched and scaled, we provide easy-to-use tools to manage and secure devices, so that our network delivers the business and operating results that meet customers' parameters including speed, QoS, support and others.'

For more information on the Telit NExT offer, visit: https://www.telit.com/press-release/telit-network-provides-first-of-kind-cellular-connectivity-iot-access-to-600-2g-3g-and-4g-lte-networks-in-190-countries/

Enquiries

Telit Communications PLC Paolo Dal Pino, Chief Executive Officer Eyal Shefer, Chief Financial Officer	Tel: [phone]
finnCap (Nomad and Broker) Henrik Persson/ Giles Rolls (corporate finance) Tim Redfern / Richard Chambers (ECM)	Tel: [phone]
FinElk Robin Haddrill/ Cornelia Schnepf	Tel: [phone] Email: [e-mail]

About Telit
Telit (AIM: TCM), is a global leader in Internet of Things (IoT) enablement, with an extensive portfolio of wireless connectivity modules, software platforms and global IoT connectivity services, empowering hundreds of millions of connected 'things' to date, and trusted by thousands of direct and indirect customers, globally. With over two decades of IoT innovation experience, Telit continues to redefine the boundaries of digital business, by delivering secure, integrated end-to-end IoT solutions for many of the world's largest brands, including enterprises, OEMs, system integrators and service providers across all industries, enabling them to simplify, connect and manage IoT at any scale.

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