Inseego joins T-Mobile's Partner Plus program, enhancing access to 5G solutions with subsidies and support for businesses.
Quiver AI Summary
Inseego Corp. has announced its participation in the new T-Mobile Partner Plus program, aimed at aiding businesses in transitioning to 5G technology. This initiative offers channel subsidies to lower the costs of enterprise-grade 5G Fixed Wireless Access (FWA) equipment and includes Inseego’s advanced FWA solutions. Businesses can receive a subsidy credit of up to $700 on selected devices and complimentary advanced cloud management for three years. The partnership highlights a shared commitment to facilitating 5G adoption and enhancing digital transformation for businesses. Inseego emphasizes its dedication to delivering innovative, reliable 5G connectivity that meets diverse industry needs while fostering growth and success through collaboration with channel partners.
Potential Positives
- Inseego's inclusion in T-Mobile's Partner Plus program enhances its visibility and credibility in the 5G market, aligning with a major telecommunications provider.
- The program offers significant financial incentives for businesses, including up to $700 in subsidy credits on Inseego’s 5G solutions, facilitating wider adoption of 5G technology.
- Inseego will provide additional value through complimentary cloud management services for new activations, enhancing customer satisfaction and retention.
- The partnership emphasizes Inseego's commitment to innovation and support for channel partners, fostering growth opportunities within the 5G ecosystem.
Potential Negatives
- The announcement may imply that Inseego's products were not initially competitive enough in price, necessitating a partnership with T-Mobile to enhance affordability through subsidies.
- Inseego's reliance on a partnership for the promotion of its 5G solutions could indicate a dependency on T-Mobile for market growth, raising concerns about the company's autonomy and innovation capacity.
- There is no mention of specific financial performance or growth metrics, which may suggest a lack of confidence in the current financial standing or future prospects of the company.
FAQ
What is the T-Mobile Partner Plus program?
The T-Mobile Partner Plus program is a channel subsidy initiative aimed at reducing costs for enterprise-grade 5G Fixed Wireless Access equipment.
How does Inseego benefit from the T-Mobile partnership?
Inseego's partnership with T-Mobile enables them to offer affordable 5G solutions, enhancing business connectivity and supporting digital transformation.
What are the incentives for businesses participating in the program?
Businesses can receive up to $700 in subsidy credits on Select Inseego devices, along with complimentary cloud management services.
How long is the warranty for Inseego solutions?
Inseego offers a standard 1-year warranty on their solutions, which can be extended to 3 or 5 years with Inseego Care.
Where can I find more information about Inseego's 5G solutions?
Visit Inseego’s official website at www.inseego.com for detailed information on their 5G fixed wireless solutions.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$INSG Insider Trading Activity
$INSG insiders have traded $INSG stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $INSG stock by insiders over the last 6 months:
- PHILIP G BRACE (Executive Chairman) purchased 10,000 shares.
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$INSG Hedge Fund Activity
We have seen 48 institutional investors add shares of $INSG stock to their portfolio, and 16 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AVIVA HOLDINGS LTD. added 1,303,314 shares (+inf%) to their portfolio in Q3 2024
- BRASLYN LTD. added 761,483 shares (+inf%) to their portfolio in Q3 2024
- MARSHALL WACE, LLP added 232,231 shares (+297.2%) to their portfolio in Q3 2024
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 152,681 shares (+inf%) to their portfolio in Q3 2024
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 67,236 shares (+inf%) to their portfolio in Q3 2024
- EAM INVESTORS, LLC added 59,763 shares (+inf%) to their portfolio in Q3 2024
- CUBIST SYSTEMATIC STRATEGIES, LLC added 48,546 shares (+inf%) to their portfolio in Q3 2024
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
SAN DIEGO, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Inseego Corp. (Nasdaq: INSG), a technology leader in 5G mobile and fixed wireless solutions for mobile network operators, Fortune 500 enterprises, government, and SMBs, is excited to announce its inclusion in the recently launched T-Mobile Partner Plus program. This initiative aligns with Inseego’s mission to facilitate a smooth and cost-effective transition to 5G for businesses.
T-Mobile Partner Plus is a channel subsidy program designed to reduce the initial cost of enterprise-grade 5G Fixed Wireless Access (FWA) equipment and now includes Inseego’s high-performance 5G indoor and outdoor FWA solutions. This partnership highlights the shared commitment of Inseego and T-Mobile to remove barriers of 5G adoption and support the digital transformation of businesses nationwide. The program also provides partners with enhanced incentives, training, and support to drive growth and success in the 5G era.
Businesses will benefit from the Partner Plus program for Business Internet in several ways:
T-Mobile will offer a subsidy credit of up to $700 on select Inseego indoor and outdoor 5G FWA solutions.
3 years of Inseego Connect Advanced cloud management will be included on new activations at no charge - a $200 value per device.
Businesses may also choose to include Inseego Care at an additional cost, which provides an extended warranty option, enhancing the standard 1-year warranty up to 3 or 5 years, ensuring businesses have access to long-term support.
These solutions are designed to meet the diverse needs of businesses by offering robust, reliable and secure 5G connectivity tailored to various industries, environments and use cases.
“At Inseego, we are dedicated to providing innovative solutions that help businesses stay connected and competitive in today’s digital world,” said Steve Harmon, Chief Revenue Officer at Inseego. “Our participation in the T-Mobile Partner Plus program allows us to offer our compelling 5G fixed wireless solutions at even more affordable pricing, making it easier for businesses to adopt secure and reliable 5G technology.”
“Inseego is dedicated to engaging and empowering our growing ecosystem of channel partners,” said Keri Bolding, SVP of Global Channel Sales & Distribution at Inseego. “Through programs like this, in partnership with T-Mobile, we are creating opportunities for growth and innovation. It’s truly exciting to be part of this journey, driving success together.”
For more information about Inseego’s 5G fixed wireless solutions available through the T-Mobile Partner Plus program, please visit:
T-Mobile Partner Plus
. To learn more about Inseego’s 5G solutions, visit:
www.inseego.com
.
About Inseego Corp.
Inseego Corp. (Nasdaq: INSG) is the industry leader in 5G Enterprise cloud WAN solutions, with millions of end customers and thousands of enterprise and SMB customers on its 4G, 5G, and cloud platforms. Inseego’s 5G Edge Cloud combines the industry’s best 5G technology, rich cloud networking features, and intelligent edge applications. Inseego powers new business experiences by connecting distributed sites and workforces, securing enterprise data, and improving business outcomes with intelligent operational visibility—all over a 5G network. For more information on Inseego, visit www.inseego.com. #Putting5GtoWork
©2025. Inseego Corp. All rights reserved. MiFi and Inseego are trademarks of Inseego Corp. Other Company, product, or service names mentioned herein are the trademarks of their respective owners.
Media Relations Contact:
Jodi Ellis, Inseego Corp.
PR@inseego.com
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