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Technology Stocks : Sequans Communications
SQNS 7.340-3.5%Oct 31 9:30 AM EST
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From: FJB7/3/2017 8:28:55 AM
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... "To be honest, there are still no big tenders yet for NB-IoT," said Jens Olejak, a senior product manager at the operator's M2M unit, during a conference in London. "The module costs still between €10 [$11.21] and €15 [$16.82] rather than the $5 we are looking at and so no customer is doing a serious commercial tender."

... As volumes grow, Karam is confident that NB-IoT module pricing can fall to just below $5 per unit.

Karam's main concern is that support for LTE-M could derail NB-IoT. The former has gained support from AT&T Inc. (NYSE: T) and Verizon Communications Inc.(NYSE: VZ) in the US market and is also backed by Orange (NYSE: FTE) in France and SK Telecom (Nasdaq: SKM) in South Korea. (See Could LTE-M Torpedo NB-IoT?)

Recently, there have been signs of LTE-M interest in China, although the GSM Association (GSMA) today claimed that all of China's three big mobile operators have now rolled out NB-IoT networks in parts of the country.

Market leader China Mobile Ltd. (NYSE: CHL) is said to have switched on networks in such key cities as Yingtan, while China Unicom Ltd. (NYSE: CHU) has done the same in Shanghai, Guangzhou, Shenzhen and Fuzhou.

Meanwhile, China Telecom Corp. Ltd. (NYSE: CHA) has announced the rollout of a nationwide NB-IoT network. ...


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