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Inseego (INSG) Stock Rose 96% This Year, T-Mobile Collaboration Likely To Help It Grow Further

The wireless networking infrastructure provider Inseego Corp. (INSG) will now be available on the network of one of the biggest U.S. mobile operators, T-Mobile, as company’s main product. Inseego remains one of the beneficiaries of the large-scale rollout of 5G networks and, in addition, during the COVID-19 period, its mobile routers proved to be a successful product.

By buying networking services, T-Mobile customers now have the ability to buy solutions from Inseego. Services focused on the Inseego Connect software for corporate networks will also be available, which will include mobile routers like the Inseego 5G MiFi M2000.

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Mobile routers are portable devices that receive and “distribute” Wi-Fi via mobile network signals. On cars, on remote industrial sites, in homes and offices, such routers may be used. High-speed 5G networking makes it even more important for mobile routers, as it allows you to get fast internet without a wired connection anywhere a mobile connection is available.

Mobile routers sold well in the US during the COVID-19 period, as many Americans started working remotely.

The relationship with T-Mobile helps Inseego to gain access, including corporate clients, to a wide clientage of telecommunications operators as Inseego solutions are now available in the United States via all major telecommunications operators. The company can receive an additional boost in revenue in the coming quarters.

Inseego unveiled four new 5G fixed wireless solutions last week, designed to meet consumer needs in almost every place, from underserved rural areas to dense urban environments, from suburban environments to business premises. Called the Wavemaker series, this is one of the largest line-ups of 5G fixed wireless devices in the industry.

Inseego Corp. (INSG) was stable at a rise of 0.14 percent on Monday to close the session at $14.42. The stock has added more than 95 percent to its value so far this year.

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