Telit filling the gap left by Kyocera in M2M
Telit Communications (LON:TEL) is taking advantage of the vacuum left by Kyocera’s abrupt exit from the M2M module business to establish a foothold in the CDMA telematics markets. This week, Telit announced that its first CDMA product, a dual-band 1X module, has been approved for Sprint’s 2.5G network.
The Italian machine-to-machine module maker has always focused on the GSM/UMTS embedded devices markets, while Kyocera (NYSE:KYO) has focused on CDMA. In March, though Kyocera shocked the industry by closing the division down outright. more







