Telit Communications : completes successful first live 5G tests of new industrial-grade 5G product

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Telit Communications PLC

Telit completes successful first live 5G tests of new industrial-grade 5G product

London, 25 October 2019 - Telit Communications PLC ("Telit", "the Group", AIM: TCM), a global enabler of the Internet of Things (IoT), today announces a successful series of tests of its new industrial-grade FN980m 5G data card.

Conducted on a live 5G network in Korea, the tests highlight Telit's leadership in providing businesses and other organizations with 5G solutions for industrial routers and gateways, fixed wireless access, video broadcasting, private LTE/5G networks and more. Telit defined its 5G strategy and development plan in 2018 and began the development of its first 5G product in 2019 to address the demand for high bandwidth products.

The new Telit FN980m 5G data card is designed for use globally, incorporating support for all scenarios prescribed by the 3GPP for short-, mid- and long-term scaling of 5G, including non-standaloneLTE-5G NR dual connectivity (EN-DC), dynamic spectrum sharing between LTE and 5G, and full 5G NR standalone mode. The data card creates new opportunities and opens new markets for original equipment manufacturers (OEMs), system integrators and service providers working with high- performance, bandwidth-intensive applications such as enterprise office gateways, private networks and large-scale IoT systems.

The successful network tests were on a Tier 1 operator's live 5G network in Korea at sub-6 GHz frequencies. A second set of successful tests were conducted in millimetre wave spectrum using test equipment.

Following the completion of testing commercial shipments to customers are expected to commence in Q1 2020.

Paolo Dal Pino, Chief Executive Officer, Telit, said:

"The successful testing of our new 5G product on a live 5G network in Korea will allow Telit to begun distribution to operators, integrators and end users worldwide in the coming months. Telit has increased its focus on high category LTE and 5G products, a key driver of its strategy to become a leading end-to-end IoT provider that enables enterprises to successfully execute their digital transformation."

Enquiries:
Telit Communications PLC	Tel: [phone]
Paolo Dal Pino, Executive Chief Officer
Yariv Dafna, Finance Director & President
finnCap (Nomad and Broker)	Tel: [phone]
Henrik Persson/Giles Rolls/Hannah Boros (corporate finance)
Tim Redfern/Richard Chambers (ECM)
FinElk	Tel: [phone]
Robin Haddrill/ Cornelia Schnepf

About Telit

Telit(AIM: TCM), is a global leader in Internet of Things (IoT) enablement, with an extensive portfolio of wireless connectivity modules, platforms, virtual cellular IoT operator services, and professional services, empowering hundreds of millions of connected 'things' to date, and trusted by thousands of direct and indirect customers, globally. With nearly 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 their pursuit of enterprise digital transformation.

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