Latest news with #InseegoCorp
Associated Press
29-05-2025
- Business
- Associated Press
Wireless Broadband Leader Inseego Unveils the Wavemaker 5G Cellular Router FX4100 and Wavemaker Mesh Wi-Fi X700 for T-Mobile for Business
SAN DIEGO, May 29, 2025 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG), a global leader in wireless broadband, including 5G mobile broadband, and 5G fixed wireless access (FWA) solutions, today announced the launch of their first 5G Advanced solutions, the Inseego Wavemaker™ 5G cellular router FX4100 and Inseego Wavemaker™ mesh Wi-Fi X700, designed exclusively for T-Mobile for Business customers. This advanced router with optional Wi-Fi mesh node delivers unparalleled connectivity and performance for locations without the need for dedicated onsite IT resources, making it the ideal solution for small- and medium-sized enterprises (SMEs), retail locations, restaurants, branch offices, temporary locations such as pop-ups and kiosks, as well as state and local government offices. 'The Inseego Wavemaker FX4100 and Wavemaker X700, paired with Inseego Connect™, are game changers for our joint business customers, as they provide the flexible connectivity needed to get businesses online quickly and securely,' said Juho Sarvikas, Chief Executive Officer at Inseego. 'The combination of easy deployment with superior performance continues to make FWA a compelling solution for businesses everywhere.' The Inseego Wavemaker FX4100 is powered by Qualcomm Dragonwing™ FWA Gen 3 Platform and supports both 5G SA and NSA modes, as well as 4G LTE Cat 20 for seamless connectivity across a wide range of bands. Key features of the Inseego Wavemaker FX4100 include: Key features of the Inseego Wavemaker X700 include: 'At T-Mobile for Business, we're committed to delivering innovative solutions that empower our customers to succeed in an increasingly connected world,' said Chris Melus, VP of Product Management, T-Mobile for Business. 'The Inseego Wavemaker FX4100 and X700 mesh system provide businesses with exceptional flexibility and reliability, offering fast, secure connectivity without the complexity or cost of traditional solutions. Whether it's a retail store, restaurant, or office location, we're enabling our customers to confidently scale, innovate, and thrive.' The Inseego FX4100 and X700 are now available through T-Mobile for Business. To learn more about this new 5G indoor router and Wi-Fi mesh solution and to explore T-Mobile for Business plans, please visit For more information, please visit About Inseego Corp. Inseego Corp. (Nasdaq: INSG) is the industry leader in 5G Enterprise cloud WAN solutions, with millions of end customers and thousands of enterprise and SMB customers on its 4G, 5G, and cloud platforms. Inseego's 5G Edge Cloud combines the industry's best 5G technology, rich cloud networking features, and intelligent edge applications. Inseego powers new business experiences by connecting distributed sites and workforces, securing enterprise data, and improving business outcomes with intelligent operational visibility---all over a 5G network. For more information on Inseego, visit ©2025. Inseego Corp. All rights reserved. Inseego Connect, Wavemaker and Inseego are trademarks of Inseego Corp. Qualcomm branded products are products of Qualcomm Technologies, Inc. and/or its subsidiaries. Qualcomm and Qualcomm Dragonwing are trademarks or registered trademarks of Qualcomm Incorporated. Other company, product, or service names mentioned herein are the trademarks of their respective owners. Media Relations Contact: Jodi Ellis [email protected] A photo accompanying this announcement is available at
Yahoo
27-05-2025
- Business
- Yahoo
Inseego Selected for Preliminary Inclusion in the Russell 2000® Index
Company Visibility Further Strengthened as Company Continues to Advance Strategic and Financial Transformation Under New CEO Juho Sarvikas SAN DIEGO, May 27, 2025 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG) ('Inseego' or the 'Company'), a global leader in wireless broadband, including 5G mobile broadband and 5G fixed wireless access (FWA) solutions, today announced it has been selected for preliminary inclusion in the Russell 2000® Index, based on the May 23, 2025, preliminary additions list published by FTSE Russell. Final membership and index assignments will be confirmed following the annual reconstitution, which takes effect after the market closes on June 28, 2025. The Russell 2000® Index is a widely followed benchmark for small-cap U.S. equities and includes the smallest 2,000 companies in the broader Russell 3000® Index. Inclusion is expected to increase Inseego's visibility with institutional investors and index funds that track the performance of small-cap equities. 'This is a great milestone for Inseego and a reflection of the tremendous work our team has done over the past year,' said Juho Sarvikas, CEO of Inseego. 'Inclusion in the Russell 2000 Index is a meaningful validation of that progress and supports our efforts to broaden institutional awareness as we continue executing on our strategic roadmap.' Added Inseego's CFO, Steven Gatoff: 'We've taken bold steps to transform the company in the past year, overhauling our capital structure, strengthening our balance sheet, and enhancing stockholder value.' Inclusion in the index comes at a time when Inseego is actively investing in and building-out its FWA and mobile broadband business and expanding its software platforms to deliver full-stack, cloud-managed connectivity solutions across enterprise, SMB, industrial, and IoT use cases. With a global footprint, Tier-1 carrier relationships, and all critical IP developed in the US, Inseego is uniquely positioned to capitalize on growing demand for secure, high-performance wireless broadband. Index membership is determined annually and remains in place for one year. Beginning in 2026, FTSE Russell will transition to a semi-annual reconstitution schedule, with updates occurring in both June and November. For more information on the Russell indexes reconstitution, visit About Inseego Corp. (Nasdaq: INSG) is the industry leader in 5G Enterprise cloud WAN solutions, with millions of end customers and thousands of enterprise and SMB customers on its 4G, 5G, and cloud platforms. Inseego's 5G Edge Cloud combines the industry's best 5G technology, rich cloud networking features, and intelligent edge applications. Inseego powers new business experiences by connecting distributed sites and workforces, securing enterprise data, and improving business outcomes with intelligent operational visibility---all over a 5G network. For more information on Inseego, visit ©2025. Inseego Corp. All rights reserved. Inseego is a trademark of Inseego Corp. Other Company, product, or service names mentioned herein are the trademarks of their respective owners. Investor Relations Contact:Matt Glover, Gateway Group IR@ (949) 574-3860Sign in to access your portfolio
Yahoo
27-05-2025
- Business
- Yahoo
Inseego Selected for Preliminary Inclusion in the Russell 2000® Index
Company Visibility Further Strengthened as Company Continues to Advance Strategic and Financial Transformation Under New CEO Juho Sarvikas SAN DIEGO, May 27, 2025 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG) ('Inseego' or the 'Company'), a global leader in wireless broadband, including 5G mobile broadband and 5G fixed wireless access (FWA) solutions, today announced it has been selected for preliminary inclusion in the Russell 2000® Index, based on the May 23, 2025, preliminary additions list published by FTSE Russell. Final membership and index assignments will be confirmed following the annual reconstitution, which takes effect after the market closes on June 28, 2025. The Russell 2000® Index is a widely followed benchmark for small-cap U.S. equities and includes the smallest 2,000 companies in the broader Russell 3000® Index. Inclusion is expected to increase Inseego's visibility with institutional investors and index funds that track the performance of small-cap equities. 'This is a great milestone for Inseego and a reflection of the tremendous work our team has done over the past year,' said Juho Sarvikas, CEO of Inseego. 'Inclusion in the Russell 2000 Index is a meaningful validation of that progress and supports our efforts to broaden institutional awareness as we continue executing on our strategic roadmap.' Added Inseego's CFO, Steven Gatoff: 'We've taken bold steps to transform the company in the past year, overhauling our capital structure, strengthening our balance sheet, and enhancing stockholder value.' Inclusion in the index comes at a time when Inseego is actively investing in and building-out its FWA and mobile broadband business and expanding its software platforms to deliver full-stack, cloud-managed connectivity solutions across enterprise, SMB, industrial, and IoT use cases. With a global footprint, Tier-1 carrier relationships, and all critical IP developed in the US, Inseego is uniquely positioned to capitalize on growing demand for secure, high-performance wireless broadband. Index membership is determined annually and remains in place for one year. Beginning in 2026, FTSE Russell will transition to a semi-annual reconstitution schedule, with updates occurring in both June and November. For more information on the Russell indexes reconstitution, visit About Inseego Corp. (Nasdaq: INSG) is the industry leader in 5G Enterprise cloud WAN solutions, with millions of end customers and thousands of enterprise and SMB customers on its 4G, 5G, and cloud platforms. Inseego's 5G Edge Cloud combines the industry's best 5G technology, rich cloud networking features, and intelligent edge applications. Inseego powers new business experiences by connecting distributed sites and workforces, securing enterprise data, and improving business outcomes with intelligent operational visibility---all over a 5G network. For more information on Inseego, visit ©2025. Inseego Corp. All rights reserved. Inseego is a trademark of Inseego Corp. Other Company, product, or service names mentioned herein are the trademarks of their respective owners. Investor Relations Contact:Matt Glover, Gateway Group IR@ (949) 574-3860
Yahoo
20-05-2025
- Business
- Yahoo
Inseego Strengthens Carrier Partnerships with Addition of Two Industry Leaders to Sales Team
5G carrier experts joining to accelerate growth and innovation and further strengthen Inseego's market position with Tier-1 carrier partners SAN DIEGO, May 20, 2025 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG), a global leader in wireless broadband, including 5G mobile broadband and 5G fixed wireless access (FWA) solutions, today announced the appointment of two highly respected industry leaders to its Carrier Sales team. These strategic additions will play a critical role in advancing Inseego's leadership in mobile broadband and enterprise FWA solutions with Tier-1 carrier partners. Both executives join Inseego as Vice Presidents within the Carrier Sales team, bringing decades of industry experience and extensive relationships across the 5G ecosystem. Their combined expertise will be instrumental in expanding and deepening strategic partnerships, further reinforcing Inseego's position as a leading innovator in wireless broadband connectivity. About the New Leadership Hires: Jim Berridge is an accomplished executive with a proven track record of leadership across prominent telecommunications organizations. He excels at aligning sales strategies with overarching business objectives to deliver measurable results. Recognized for his forward-thinking approach, Mr. Berridge consistently drives sales growth by introducing advanced wireless technologies that enhance connectivity, improve operational efficiency, and elevate customer satisfaction. Prior to joining Inseego Mr. Berridge held senior leadership positions at Nokia, NetComm Wireless and ZTE. Steve Linke rejoins Inseego bringing more than 25 years of experience in the telecommunications industry, distinguished by a proven track record of driving significant revenue and sales growth within enterprise markets. He has led high-performing teams and forged strategic partnerships with major carriers, consistently delivering strong business results. Renowned for his expertise in aligning innovative wireless solutions with complex customer needs, Mr. Linke has successfully enabled mobile network operators to grow broadband connections and activation revenue. Prior to joining Inseego, he held senior leadership roles at Quectel, Inseego, Verizon, Citrix, and Qualcomm. 'Inseego's strategic focus on the carrier market is bolstered by the company's dedicated leadership that has deep industry expertise and relationships,' said Steve Harmon, Chief Commercial Officer at Inseego. 'We're pleased to welcome Jim and Steve to the team, as their leadership will be instrumental in aligning Inseego's solution portfolio and execution with the evolving needs of our carrier partners and further establishing Inseego as the partner of choice for mobile network operators.' With these strategic appointments, Inseego is poised to meet the growing demand for its wireless broadband solutions and further strengthen its partnerships with North American carrier customers. By leveraging the extensive experience and leadership of these distinguished executives, Inseego reaffirms its commitment to delivering innovative, reliable, and secure wireless broadband solutions that empower carriers to excel in an increasingly wireless world. About Inseego Corp. Inseego Corp. (Nasdaq: INSG) is the industry leader in 5G Enterprise cloud WAN solutions, with millions of end customers and thousands of enterprise and SMB customers on its 4G, 5G, and cloud platforms. Inseego's 5G Edge Cloud combines the industry's best 5G technology, rich cloud networking features, and intelligent edge applications. Inseego powers new business experiences by connecting distributed sites and workforces, securing enterprise data, and improving business outcomes with intelligent operational visibility---all over a 5G network. For more information on Inseego, visit ©2025. Inseego Corp. All rights reserved. MiFi and Inseego are trademarks of Inseego Corp. Other Company, product, or service names mentioned herein are the trademarks of their respective owners. Media Relations Contact: Jodi Ellis pr@
Yahoo
05-05-2025
- Business
- Yahoo
Seasoned Wireless Industry Leader George Mulhern Joins Inseego's Board of Directors
SAN DIEGO, May 05, 2025 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG), a global leader in wireless broadband, including 5G mobile broadband and 5G fixed wireless access (FWA) solutions, today announced that it has appointed wireless technology executive George Mulhern to its Board of Directors. Mr. Mulhern has an extensive background in building and leading wireless technology companies, having most recently served as the SVP/Global Business Unit Manager of Ericsson Enterprise Wireless Solutions. Prior to this position, Mr. Mulhern was Chairman and CEO of Cradlepoint, Inc., an innovative provider of cloud-orchestrated, wireless wide-area networking solutions, from 2011 to 2020, where he led the company through a transformation that increased revenue by approximately 20 times, culminating in a successful acquisition by Ericsson. 'We are delighted to welcome George to our board,' said Jeff Tuder, Chairman of Inseego's board. 'George is an accomplished executive who brings enormous strategic and operational insight. George's experience growing Cradlepoint and its revenue by several orders of magnitude will be invaluable to us as Juho and the team capitalize on our significant market opportunities as a leading U.S.-based supplier of wireless broadband solutions.' 'George has been a visionary and pioneer in shaping the enterprise wireless networking industry and lead the 'as-a-service' model in the telecom sector,' said Juho Sarvikas, CEO of Inseego. 'I could not think of a better addition to our Board as we scale and accelerate Inseego's transformation to an enterprise solution provider.' Mr. Mulhern added, 'I'm pleased to join Inseego's Board of Directors at such an exciting time. I look forward to bringing my expertise to help the Company capitalize on the significant opportunities presented by Inseego's leading 5G market position and the growing enterprise demand for high-quality wireless broadband solutions developed by trusted U.S. domestic suppliers.' Before joining Cradlepoint, Mr. Mulhern served in various leadership roles at Hewlett Packard for over 20 years, including serving as Senior Vice President and Global Business Unit Manager for several different business units. Mr. Mulhern received both a Bachelors and a Masters degree in Business Administration from San Jose State University. In connection with the appointment of Mr. Mulhern, the size of Inseego's board was increased from five to six members. Mr. Mulhern will be classified as an independent director. About Inseego Corp. Inseego Corp. (Nasdaq: INSG) is the industry leader in 5G Enterprise cloud WAN solutions, with millions of end customers and thousands of enterprise and SMB customers on its 4G, 5G, and cloud platforms. Inseego's 5G Edge Cloud combines the industry's best 5G technology, rich cloud networking features, and intelligent edge applications. Inseego powers new business experiences by connecting distributed sites and workforces, securing enterprise data, and improving business outcomes with intelligent operational visibility---all over a 5G network. For more information on Inseego, visit ©2025. Inseego Corp. All rights reserved. For more information, please contact:Investor RelationsIR@ Cautionary Note Regarding Forward-Looking Statements Some of the information presented in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements often address expected future business and financial performance and often contain words such as 'may,' 'estimate,' 'anticipate,' 'believe,' 'expect,' 'intend,' 'plan,' 'project,' 'will' and similar words and phrases indicating future results. The information presented in this news release related to our future business outlook, the future demand for our products, and other statements that are not purely historical facts are forward-looking. These forward-looking statements are based on management's current expectations, assumptions, estimates, and projections. They are subject to significant risks and uncertainties that could cause results to differ materially from those anticipated in such forward-looking statements. We, therefore, cannot guarantee future results, performance, or achievements. Actual results could differ materially from our expectations. Factors that could cause actual results to differ materially from the Company's expectations include: (1) the Company's dependence on a small number of customers for a substantial portion of our revenues; (2) the future demand for wireless broadband access to data and asset management software and services and our ability to accurately forecast; (3) the growth of wireless wide-area networking and asset management software and services; (4) customer and end-user acceptance of the Company's current product and service offerings and market demand for the Company's anticipated new product and service offerings; (5) our ability to develop sales channels and to onboard channel partners; (6) increased competition and pricing pressure from participants in the markets in which the Company is engaged; (7) dependence on third-party manufacturers and key component suppliers worldwide; (8) the impact of fluctuations of foreign currency exchange rates; (9) the impact of supply chain challenges on our ability to source components and manufacture our products; (10) unexpected liabilities or expenses; (11) the Company's ability to introduce new products and services in a timely manner, including the ability to develop and launch 5G products at the speed and functionality required by our customers; (12) litigation, regulatory and IP developments related to our products or components of our products; (13) the Company's ability to raise additional financing when the Company requires capital for operations or to satisfy corporate obligations; (14) the Company's plans and expectations relating to acquisitions, divestitures, strategic relationships, international expansion, software and hardware developments, personnel matters, and cost containment initiatives, including the satisfaction of the conditions precedent to the planned sale of the Company's telematics business, as well as restructuring activities and the timing of their implementations; (15) the global semiconductor shortage and any related price increases or supply chain disruptions, (16) the potential impact of COVID-19 or other global public health emergencies on the business, (17) the impact of high rates of inflation and rising interest rates, (18) the impact of import tariffs on our materials and products, and (19) the impact of geopolitical instability on our business. These factors, as well as other factors set forth as risk factors or otherwise described in the reports filed by the Company with the SEC (available at could cause results to differ materially from those expressed in the Company's forward-looking statements. The Company assumes no obligation to update publicly any forward-looking statements, even if new information becomes available or other events occur in the future, except as otherwise required under applicable law and our ongoing reporting obligations under the Securities Exchange Act of 1934, as in to access your portfolio
