Sequans Communications SA ADR(NYSE:SQNS) Signs Multi Year Contract With Linkem


Dallas, Texas 03/13/2014 (FINANCIALSTRENDS) – Sequans Communications SA ADR (NYSE:SQNS) registered a major technical and commercial win recently, when it reported that European broadband major Linkem has inked a deal with the company to use its solutions to seamlessly transfer its offerings from the traditional WiMax platform to the state of the art LTE platform.

Big Technology Demonstrator

The deal, whose financial contours were not disclosed, will mean that Sequans Communications SA ADR (NYSE:SQNS) patented “dual-mode LTE/WiMAX technology” will be employed by Europe’s top WiMax operator Linkem to transition its existing customers operating on Wimax platform to a dual mode “LTE/WiMAX” by employing the dual mode tech that the Puteaux based company has been pioneering. The advantage Linkem customers would have while using 4G chip makers dual device platform is the transparent and easy approach of connecting to internet by opting for either ( wimax or LTE) without experiencing any disrupting in their net connectivity.

CEO Speak

Expressing his profound happiness at managing to getting a big player like Linkem to vouch for their company’s technology offering, Sequans Communications SA ADR (NYSE:SQNS) Chairman of the Board and Chief Executive Officer who also dons the role of President, Georges Karam has been quoted to have said that, “We developed our 4Sight products and solutions in direct response to the needs of WiMAX service providers like Linkem who are transitioning to LTE. Using our 4Sight technology, Linkem can rollout LTE at the rate they choose without any inventory risk, because there is no need to replace devices as LTE becomes available. These benefits accrue to any operator adopting 4Sight to facilitate a WiMAX to LTE transition.”

Happy Customer

Linkem officials have also been exhaustive in their appreciation of the technology advancement and user friendliness of Sequans Communications SA ADR (NYSE:SQNS) “dual-mode LTE/WiMAX device”. They point out that the device provides them with the flexibility to seamless switch to a LTE platform without having to disrupt current usage patterns of their Wimax customers.