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Technology Stocks : Sequans Communications

SQNS 7.340

-3.5%

Oct 31 9:30 AM EST

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From: FJB	12/8/2020 12:15:55 PM
	of 2386

THESE GUYS PREDICTING A BOOM IN CELLULART IOT. OYSTER BAY, N.Y., Nov. 17, 2020 /PRNewswire/ -- At the end of 2020, 6.6 billion Internet of Things (IoT) devices will be connected and active worldwide; 840 million of them will use cellular networks, which is just under 8% of the total. At the end of 2014, there were 180 million cellular IoT devices active worldwide, and that number increased by over 4.5X in the six intervening years. In another six years' time, there will be a further near-7X growth in cellular IoT devices, bringing the global total to 5.7 billion, finds global tech market advisory firm, ABI Research. This explosive growth means carriers are facing more specific and diverse demands for guarantees from IoT customers, especially when roaming. prnewswire.com THESE GUYS SAY INFLECTION POINT 2 TO 3 YEARS AWAY! WTF!?!?!? iotforall.com

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