trending Market Intelligence /marketintelligence/en/news-insights/trending/vEeU64K-kiODXOEKEWX_RQ2 content esgSubNav
In This List

Verizon to launch 4G LTE Cat M1 network for IoT

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

TMT Digital Newsletter: May 2021

Blog

Fintech Intelligence Digital Newsletter: May 2021


Verizon to launch 4G LTE Cat M1 network for IoT

Verizon Communications Inc. on March 31 will release the first commercial nationwide 4G LTE Category M1, or Cat M1, network in the U.S., spanning 2.4 million square miles.

The network will provide scale, coverage and security for customers looking for wireless access solutions for Internet of Things, the company said. The Cat M1 network is built on a virtualized cloud environment, which aids in rapid and agile IoT solution deployment and nationwide scaling, which will help increase IoT adoption for businesses and developers with new and cheaper IoT data plans.

Cat M1 devices can scale on Verizon's wireless network on data plans that start from $2 per month per device. Users also have customized options for bulk activations and volume purchases. The telco is collaborating with partners that are infrastructure providers and manufacturers of chipsets, modules and devices, including Sequans, Telit, U-Blox, Sierra Wireless, Gemalto, Qualcomm Technologies and Altair, to enable an open ecosystem for Cat M1.