SYATF Siyata Mobile Presents A Rare Opportunity
seekingalpha.com
Siyata just completed its first full quarter that included sales through a U.S. Tier 1 wireless carrier.
A second Tier U.S. Tier 1 wireless carrier was added this week.
Revenues are projected to double in the next fiscal year.
The stock price is near its low and presents a wonderful investment opportunity as Siyata continues to introduce an in-demand product with zero competition.
My one-year price target is 300% higher than the current market price.
Canadian based Siyata Mobile (OTCQX:SYATF) has been rolling out the world's first vehicle-mounted 4G push-to-talk ("PTT") all-in-one vehicle-mounted wireless communication devices for commercial fleets such as taxis and trucks and for first responders such as police vehicles, fire vehicles, yellow school buses, and ambulances. My previous articles discussed how the company identified a market opportunity and was attempting to capitalize (1,2). Siyata has taken giant strides that the market has not yet recognized and still presents a ground floor opportunity
Siyata Mobile Receives Network Approval from Additional Tier 1 U.S. Cellular Carrier for Uniden(R) UV350 In-Vehicle Smartphone
8:00 am ET November 21, 2019 (Globe Newswire) Print
Siyata Mobile Inc. (the "Company" or "Siyata") (TSX-V:SIM / OTCQX:SYATF) is pleased to announce it has received network approval for the Uniden(R) UV350 dedicated in-vehicle smartphone from an additional Tier 1 cellular carrier in the United States. Commercial launch of the UV350 is anticipated shortly with this Tier 1 U.S. cellular carrier.
Marc Seelenfreund, CEO of Siyata Mobile, commented, "We are very excited to be working with another one of the largest cellular carriers in the United States to provide first responder and enterprise customers access to in-vehicle technology that offers more features and increased safety for much less cost than land mobile radio solutions. Working with this carrier creates an opportunity for Siyata to grab significant in-vehicle cellular market share as more first responder groups and enterprises are seeking to migrate to Push-to-Talk over Cellular over a broadband network."
The company leverages the enterprise sales teams of its multiple cellular-carrier partners to reach a wide variety of first responder and commercial fleet vehicles. Our efforts to build this sales channel has been highly successful, with the UV350 now in enterprise sales channels with cellular carrier partners which combined have over 300 million cellular network subscribers.
The UV350 provides its enterprise and first responder customers with the first ever dedicated in-vehicle Push-to-Talk ("PTT") cellular solution built for the specific requirements of first responders and commercial vehicles. Features such as in-cabin noise cancellation, increased cellular signal coverage, unparalleled sound quality, extra-large 5.5" wide screen and large one-touch buttons allow drivers to "keep their eyes on the road, and hands on the wheel".
UV350 features include:
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