"This is a transformative step for Inseego. It expands our scale, broadens our portfolio, and positions us as a global leader in wireless broadband across consumer and business markets."
"The agreement reflects Nokia's strategic shift to simplify its operational model and focus its portfolio on the infrastructure that powers the AI supercycle and AI-driven transformation of networks."
Inseego has signed an agreement to acquire Nokia's Fixed Wireless Access CPE business, pending customary closing conditions. This acquisition will enhance Inseego's position in the wireless broadband market, expanding its portfolio to include fixed wireless, mobile broadband, and cloud-managed connectivity. The deal is anticipated to double Inseego's revenue and establish a global presence. Both companies will collaborate on initiatives in 6G and wireless edge, aiming for innovation and growth in the evolving market.
Read at Telecompetitor
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