Qualcomm and Sequans Complete Sale of 4G IoT Technology
California and Paris, France--(Newsfile Corp. - September 30, 2024) - Qualcomm Incorporated, a global leader in high-performance at low-power solutions, through its subsidiary, Qualcomm Technologies, Inc. ("Qualcomm"), and Sequans Communications S.A. (NYSE: SQNS), a supplier of 4G and 5G semiconductor solutions for the Internet of Things (IoT), today announced that they have completed the sale of Sequans' 4G IoT technology to Qualcomm. "We are pleased to add Sequans' 4G IoT technology into...
2024-09-30 8:00 AM EDT
Sequans Communications Announces Change in Ratio of American Depositary Shares to Ordinary Shares
Paris, France--(Newsfile Corp. - September 27, 2024) - Sequans Communications S.A. (NYSE: SQNS), a leading provider of 4G and 5G semiconductors and modules for the Internet of Things, today announced that its Board of Directors has approved a change in the number of its ordinary shares represented by American Depositary Shares, issued by the Bank of New York Mellon as depositary, from 4 ordinary shares per ADS to 10 ordinary shares per ADS. The change in exchange ratio for the ADSs will have...
2024-09-27 4:05 PM EDT
Sequans Communications Preliminary Second Quarter 2024 Financial Results
Paris, France--(Newsfile Corp. - August 23, 2024) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans" or the "Company"), a leading developer and provider of 5G/4G semiconductors and IoT modules, today announced preliminary financial results for the second quarter ended June 30, 2024. Second Quarter 2024 Summary Preliminary Results Table:
2024-08-23 6:05 AM EDT
Qualcomm and Sequans Reach Agreement on Sale of 4G IoT Technology
France and San Diego, California--(Newsfile Corp. - August 23, 2024) - Qualcomm Incorporated, (NASDAQ: QCOM), a global leader in high-performance at low-power solutions, through its subsidiary, Qualcomm Technologies, Inc. ("Qualcomm"), and Sequans C
2024-08-23 6:00 AM EDT
Sequans Provides Key Business Updates
Paris, France--(Newsfile Corp. - June 18, 2024) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans" or the "Company"), a leading developer and provider of 5G/4G semiconductors and IoT modules, today provided updates on several key business initiatives and an overview of the first quarter financial results ended March 31, 2024. Georges Karam, Sequans CEO, stated, "We have made significant progress on multiple fronts, beginning with the extension of our standstill agreements with our debt...
2024-06-18 6:10 AM EDT
Sequans Announces a New $15 Million Licensing Agreement
Paris, France--(Newsfile Corp. - June 18, 2024) - Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G semiconductors and modules, today announced a non-exclusive manufacturing licensing agreement for its Monarch 2 LTE-M/NB-IoT platform. This agreement grants our license partner the right to manufacture and market the Monarch 2 chip under their brand name. The deal includes an initial payment of $15 million, with the opportunity for additional revenue in...
2024-06-18 6:00 AM EDT
Itron Selects Sequans Monarch 2 To Connect Next Generation Intelis wSource Water Meters
Paris, France--(Newsfile Corp. - June 11, 2024) - Sequans Communications S.A. (NYSE: SQNS) announced that Itron has selected Sequans' Monarch 2 LTE-M/NB-IoT technology to connect its newest Intelis wSource smart water meters as part of its strategy to modernize the advanced metering industry (AMI) with cellular connected solutions. The most recent deployment of Intelis is in Queensland, Australia, where the Cairns Regional Council is using the new Itron Intelis system to manage usage,...
2024-06-11 8:00 AM EDT
Sequans Cassiopeia CA410 Module Awarded Industry Certification and Completes Successful Utility Field Testing
Paris, France--(Newsfile Corp. - May 20, 2024) - Sequans Communications, S.A. (NYSE: SQNS), leader in 4G/5G cellular IoT chips and modules, announced that its Cassiopeia CA410 module has achieved certification from regulatory agencies PTCRB and GCF, and has undergone successful field testing with one of the largest electricity providers in California. The Cassiopeia CA410 module was designed in collaboration with Anterix, the nation's largest holder of 900 MHz spectrum (896-901/935-940 MHz)...
2024-05-20 8:00 AM EDT
Sequans Announces Filing and Availability of 2023 Annual Report on Form 20-F
Paris, France--(Newsfile Corp. - May 15, 2024) - Sequans Communications S.A. (NYSE: SQNS), leading developer and provider of 5G and 4G solutions for broadband and massive IoT, announced today that its Annual Report on Form 20-F for the year ended December 31, 2023 has been filed with the Securities and Exchange Commission ("SEC") and is available on the Company's website www.sequans.com in the Investors section under SEC Filings, as well as from the SEC's website www.sec.gov. Shareholders may...
2024-05-15 12:45 PM EDT
Sequans Receives Notice of Non-Compliance with NYSE Trading Share Price and Market Capitalization Listing Rules
Paris, France--(Newsfile Corp. - May 9, 2024) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans") (the "Company"), a leading developer and provider of 5G/4G solutions for IoT devices, today announced that on April 9, 2024 it received a notice (the "Notice") from the New York Stock Exchange (the "NYSE") informing the Company that it is no longer in compliance with Sections 802.01B and 802.01C of the NYSE Listed Company Manual. The Company was notified by the NYSE that it was not in...
2024-05-09 6:00 AM EDT
Abeeway Selects Sequans Low Power LTE-M/NB-IoT Cellular IoT Connectivity for Critical Asset Tracking
Paris, France--(Newsfile Corp. - April 23, 2024) - Sequans Communications, S.A. (NYSE: SQNS), leader in 4G/5G cellular IoT chips and modules, announced that Abeeway, a subsidiary of Actility, global leader in LPWAN solutions, has adopted its Monarch 2 GM02S module to provide low power cellular IoT connectivity for a new version of the Abeeway Compact Tracker that now combines LTE-M and NB-IoT connectivity from Sequans with GPS, Wi-Fi Sniffer, Bluetooth and LoRa technologies in a single,...
2024-04-23 8:00 AM EDT
Sequans Calliope 2: First Cat 1bis Module Approved by AT&T
Paris, France--(Newsfile Corp. - April 18, 2024) - Sequans Communications, S.A. (NYSE: SQNS), leader in 4G/5G cellular IoT chips and modules, announced that its Calliope 2 Cat 1bis platform, which includes the Calliope 2 chip and the GC02S1 module, has received modular approval for use on the AT&T commercial mobility network and the FirstNet® network. The GC02S1 module has achieved technical acceptance from AT&T's Lab, and the Calliope 2 chip has passed AT&T's ADAPT chipset verification...
2024-04-18 8:00 AM EDT
Sequans Secures Standstill Agreements on Existing Debt Maturities
Paris, France--(Newsfile Corp. - April 9, 2024) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans") (the "Company"), a leading developer and provider of 5G/4G solutions for IoT devices, issued a statement regarding the imminent maturity of debt obligations in the coming days. Sequans has secured standstill agreements from its three main financial debt holders, Lynrock Lake, Nokomis, and Renesas. The agreements grant an initial one-month standstill period that may be further extended...
2024-04-09 6:00 AM EDT
Sequans to Showcase its Cellular IoT Solutions at Embedded World 2024
Paris, France--(Newsfile Corp. - March 26, 2024) - Sequans Communications, S.A. (NYSE: SQNS), leader in 4G/5G cellular IoT connectivity solutions, will be showcasing its portfolio of chips and modules, April 9-11, at Embedded World, the world's largest event for the embedded community. Sequans solutions will also be on display in the stands of several partners, including SG Wireless, DPTechnics, and Microchip. Sequans' extensive experience in cellular IoT is reflected in its comprehensive...
2024-03-26 8:00 AM EDT
Sequans Secures 5G eRedCap Semiconductor Development with Financing from the France 2030 Investment Plan
Paris, France--(Newsfile Corp. - March 18, 2024) - Sequans Communications, S.A. (NYSE: SQNS), a leading cellular IoT chipmaker, announces that it has been granted financing of 10.9 million EUR from the French government as part of the France 2030 initiative to support the development of technologies deemed to be strategically important to the national interest. Such financing will be received with an upfront payment followed by three milestone payments over the duration of the project. The...
2024-03-18 9:00 AM EDT
Sequans confirme le développement de semi-conducteur 5G eRedCap grâce au financement du Plan « France 2030 »
Paris, France--(Newsfile Corp. - 18 mars 2024) - Sequans Communications, S.A. (NYSE : SQNS), l'un des principaux fabricants de puces cellulaires IoT, annonce avoir obtenu un financement de 10,9 millions d'euros du gouvernement français dans le cadre de l'initiative France 2030 visant à soutenir le développement de technologies jugées stratégiquement importantes pour l'intérêt national. Ce financement sera reçu sous la forme d'un paiement initial suivi de trois paiements d'étape sur la durée...
2024-03-18 9:00 AM EDT
Sequans Communications Announces Preliminary Fourth Quarter and Full Year 2023 Financial Results
Paris, France--(Newsfile Corp. - March 7, 2024) - Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G solutions for IoT devices, today announced preliminary financial results for the fourth quarter and full year ended December 31, 2023. Fourth Quarter and Full Year 2023 Summary Results Table: (in US$ millions, except share and per share data)Q4 2023
2024-03-07 6:00 AM EST
Sequans Provides Statement on Renesas Termination of MOU and Announces Conference Call to Review Fourth Quarter and Full Year 2023 Results and Outlook for Full Year 2024
Paris, France--(Newsfile Corp. - February 26, 2024) - Sequans Communications S.A. (NYSE: SQNS) ("Sequans") (the "Company"), a leading developer and provider of 5G/4G solutions for IoT devices, today provided a statement on Renesas' termination of the Memorandum of Understanding between Renesas and Sequans, pursuant to which Renesas had made a tender offer to purchase all of the issued and outstanding ordinary shares of Sequans. Throughout the tender offer process, the Company has continued to...
2024-02-26 8:00 AM EST
Sequans at Mobile World Congress 2024
Paris, France--(Newsfile Corp. - February 23, 2024) - Sequans Communications (NYSE: SQNS), leader in 4G/5G cellular IoT connectivity solutions, will be showcasing its newest chips and modules along with new Sequans-powered customer devices at Mobile World Congress, Barcelona, next week, February 26-29. Sequans' extensive experience in cellular IoT is reflected in its comprehensive product portfolio, covering NB-IoT/LTE-M up to 5G NR, and in its advanced features, which include...
2024-02-23 4:45 AM EST
Renesas Extends Tender Offer for Proposed Acquisition of Sequans
Japan and Paris, France--(Newsfile Corp. - February 20, 2024) - Renesas Electronics Corporation (TSE: 6723) ("Renesas") and Sequans Communications S.A. (NYSE: SQNS) ("Sequans") today announced that (i) Renesas has extended the expiration date of its tender offer to acquire all of the outstanding ordinary shares of Sequans for $0.7575 per ordinary share and American Depositary Shares ("ADSs") of Sequans for $3.03 per ADS (each ADS representing four ordinary shares) in cash, without interest...
2024-02-20 4:00 AM EST