Verizon Wireless, Ericsson and Sequans Complete LTE Category 1 Device and Network Trial

CAT1 expected to enable proliferation of cellular IoT and M2M devices on LTE networks

Mobile World Congress 2015

BARCELONA, Spain--()--Sequans Communications S.A. (NYSE:SQNS) and Verizon Wireless announced today that the companies had recently collaborated with Ericsson to conduct testing of LTE UE Category 1 devices powered by Sequans on a Verizon trial network using Ericsson 4G LTE infrastructure. LTE Category 1 (CAT1) devices have a maximum downlink speed of 10 Mbps, and are expected to provide significant reductions in cost, size and power consumption compared to their higher performance counterparts typically found in smartphones and other consumer mobile data devices. These advantages are expected to enable the rapid adoption of LTE technology in the Internet of Things, including machine-to-machine (M2M) and consumer wearable devices, where high throughput is not a key requirement.

The trial took place in the fourth quarter of 2014, and successfully proved the ability of CAT1 devices to coexist with other higher-performance LTE devices. Verizon’s nationwide 4G LTE network provides the extensive coverage to support low cost LTE-only CAT1 devices to enable the Internet of Things.

“This work is an exciting addition to our ongoing work with Verizon which included the certification and commercialization of CAT4 chipsets for use in retail devices such as the Verizon Ellipsis Jetpack MHS800L,” said Georges Karam, Sequans CEO. “And now we look forward to helping the Internet of Things flourish on Verizon’s 4G LTE network using our CAT1-optimized solutions.”

See Sequans at Mobile World Congress, March 2-5, 2015, Hall 7, Stand 7I81.

Caution about forward looking statements

About Sequans Communications

Sequans Communications S.A. (NYSE:SQNS) is a 4G chipmaker and leading provider of single-mode LTE chipset solutions to wireless device manufacturers worldwide. Founded in 2003, Sequans has developed and delivered six generations of 4G technology and its chips are certified and shipping in 4G networks, both LTE and WiMAX, around the world. Today, Sequans offers two LTE product lines: StreamrichLTE™, optimized for feature-rich mobile computing and home/portable router devices, and StreamliteLTE™, optimized for M2M devices and other connected devices for the Internet of Things. Sequans is based in Paris, France with additional offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Taiwan, South Korea, and China. Visit Sequans online at www.sequans.com; www.facebook.com/sequans; www.twitter.com/sequans.

Contacts

Sequans Communications S.A.
Media relations:
Kimberly Tassin (USA), +1-425-736-0569
Kimberly@sequans.com
or
Investor relations:
Claudia Gatlin (USA), +1-212-830-9080
claudia@sequans.com

Release Summary

Sequans, Verizon Wireless and Ericsson complete LTE Cat 1 trial, showing the viability of Category 1 LTE devices on today's LTE networks

Contacts

Sequans Communications S.A.
Media relations:
Kimberly Tassin (USA), +1-425-736-0569
Kimberly@sequans.com
or
Investor relations:
Claudia Gatlin (USA), +1-212-830-9080
claudia@sequans.com