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Inseego +3.5% on plans for 5G telemedicine live demo

Published 12/04/2018, 05:09 PM
© Reuters.  Inseego +3.5% on plans for 5G telemedicine live demo
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  • Inseego (NASDAQ:INSG) is up 3.5% in postmarket action after it and Verizon (NYSE:VZ) announce a live virtual reality telemedicine demonstration using their next-gen technology.
  • The two will unveil MiFi 5G NR mobile broadband in Maui, at the Qualcomm (NASDAQ:QCOM) Snapdragon Technology Summit.
  • The demo will involve using an Inseego mobile hotspot (which uses the Snapdragon 855 Mobile Platform and Snapdragon X50 5G modem/antenna modules) on Verizon's 5G NR network.
  • Inseego's 5G hotspot will be a Verizon exclusive when it hits general availability in 2019.
  • Previously: Inseego -3.1% as revenue disappoints on supply chain problems (Nov. 06 2018)
  • Previously: Inseego launches gigabit mobile hotspot on Verizon (Oct. 30 2018)
  • Now read: Verizon Communications: By The Numbers


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