Welcome to our dedicated news page for Sequans Communications S.A. American Depositary Shares, each representing four Ordinary Shares (Ticker: SQNS), a resource for investors and traders seeking the latest updates and insights on Sequans Communications S.A. American Depositary Shares, each representing four Ordinary Shares.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sequans Communications S.A. American Depositary Shares, each representing four Ordinary Shares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sequans Communications S.A. American Depositary Shares, each representing four Ordinary Shares's position in the market.
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Sequans Communications, S.A. (NYSE: SQNS) announced that Abeeway, a subsidiary of Actility, has selected Sequans' Monarch 2 GM02S module to provide low power LTE-M/NB-IoT cellular IoT connectivity for the new version of the Abeeway Compact Tracker. This collaboration combines LTE-M and NB-IoT connectivity with GPS, Wi-Fi Sniffer, Bluetooth, and LoRa technologies, offering unparalleled battery life for industrial tracking applications. The Abeeway Compact Tracker is designed for heavy-duty tracking, providing indoor and outdoor geolocation with low power consumption, advanced geofencing, and anti-theft features. The Monarch 2 GM02S module enables seamless operation with industry-leading low power consumption and integrated eSIM capability for remote provisioning and roaming, with mass production expected in mid-2024.
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End-of-Day
2%
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Sequans Communications, S.A. (NYSE: SQNS) announced that its Calliope 2 Cat 1bis platform has received modular approval for use on the AT&T commercial mobility network and the FirstNet network. This approval ensures that the GC02S1 module meets AT&T's performance and interoperability requirements, allowing device makers to bring end devices to market faster. The Cat 1bis technology is designed to reduce cost and complexity while maintaining high reliability and low latency, making it ideal for IoT applications such as vehicle telematics, security systems, and healthcare devices.
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7.55%
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Sequans Communications S.A. (NYSE: SQNS) announces standstill agreements with major debt holders Lynrock Lake, Nokomis, and Renesas to address imminent debt obligations. The agreements provide a one-month standstill period, extendable based on meeting milestones, to facilitate negotiations for a new strategic transaction. CEO Georges Karam emphasizes transparency and commitment to sustainable growth, seeking a favorable outcome for all stakeholders.
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-0.18%
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Sequans Communications, S.A. (NYSE: SQNS) is set to showcase its range of chips and modules at Embedded World, featuring 5G NR, LTE-M/NB-IoT, and LTE Cat 1bis solutions. The company's products offer advanced capabilities such as low power consumption, eSIM support, and global deployment capability. New products like Taurus 5G NR and upcoming offerings like Taurus LT and eRedCap demonstrate Sequans' commitment to innovation in cellular IoT connectivity.
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-12.2%
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Sequans Communications, S.A. (NYSE: SQNS) secures 10.9 million EUR financing from the French government under the France 2030 initiative to develop a new generation massive IoT chip supporting 5G NR eRedCap. The funding aims to accelerate the development of 5G and beyond, enhancing Sequans' product portfolio for industrial, utilities, medical, asset tracking, and automotive applications.
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8.89%
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Sequans Communications S.A. (SQNS) reported its financial results for Q4 2023, showing a decrease in revenue compared to previous quarters but a significant increase in product revenue. The company's CEO, Georges Karam, highlighted positive trends in product revenue growth, new project launches, and a growing design pipeline. The company aims for sequential growth in 2024 and expects sales of the 5G Taurus chipset to contribute later in 2025. Despite a decrease in revenue, the company is actively engaging with strategic partners to explore alternatives leveraging its 5G intellectual property.
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-22.44%
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Sequans Communications S.A. issues a statement regarding Renesas' termination of a Memorandum of Understanding for a tender offer. Despite the termination, Sequans remains confident in its business and technology, emphasizing its ability to operate independently.
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-5.56%
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Sequans Communications (NYSE: SQNS) will showcase new 5G NR and 5G RedCap products at Mobile World Congress, including Taurus 5G NR for broadband IoT, Cassiopeia for LTE Cat 4 networks, and upcoming Taurus LT for cellular IoT applications. Additionally, Calliope 2 offers LTE Cat 1bis for industrial IoT, while Monarch 2 provides LTE-M/NB-IoT dual-mode modules with advanced features. New devices based on Monarch 2 technology will also be displayed, highlighting Sequans' innovation in cellular IoT connectivity solutions.
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-64.84%
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Renesas Electronics Corporation terminates MOU with Sequans Communications S.A. regarding a tender offer to purchase all outstanding shares at $0.7575 per share.
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-64.84%
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Renesas and Sequans announced an extension of a tender offer for Sequans shares at $0.7575 per ordinary share and $3.03 per ADS in cash. Renesas received regulatory approval for the acquisition in France but faces a tax issue in Japan. Sequans received a $9 million loan from Renesas. The tender offer deadline was extended to March 4, 2024, to meet closing conditions.
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Sequans Communications S.A. American Depositary Shares, each representing four Ordinary Shares
NYSE:SQNS
SQNS Rankings
SQNS Stock Data
32.99M
110.34M
5.73%
68.13%
1.81%
Semiconductor and Related Device Manufacturing
Manufacturing
United States of America
Colombes
About SQNS
sequans communications is a 4g chipmaker, supplying wimax and lte chips to original equipment manufacturers and original design manufacturers worldwide. founded in 2003 to address the wimax opportunity where it is now a global leader, sequans expanded in early 2009 to address the lte market. sequans is today a leader in 4g smartphones and powers top wimax smartphones now deployed on the networks of sprint, kddi, and korea telecom. sequans became an early leader in lte when it was asked by china mobile to provide technology for its launch of the world's first td-lte demonstration network in 2010. in 2011, sequans' lte technology was approved by china's miit and is now being used in the large scale trial of china mobile in shenzhen with huawei. sequans has successfully conducted lte interoperability testing with virtually all leading enodeb vendors and its lte technology is operating in numerous networks on five continents. sequans is based in paris, with additional offices throughout th