SWIR - Sierra Wireless T-Mobile expand wholesale partenrship

Sierra Wireless (SWIR +2.2%) is touting a stronger wholesale partnership with T-Mobile (TMUS +0.3%), with an expanded deal boosting its Smart Connectivity service. Along with strengthening Sierra Wireless' Low Power Wide Area connectivity, its customers can also tap T-Mobile 5G along with 4G ultra-high-data offers for applications that need high throughput and low latency (security/surveillance, telehealth, digital vending, signage, and others). The new deal "further strengthens Sierra Wireless’ IoT connectivity offering by combining our purpose-built IoT network and management tools along with LPWA, 4G LTE and 5G coverage from T-Mobile’s powerful mobile network,” says Sierra Wireless' Jim Ryan. Sierra Wireless has traded sharply higher since an easy beat in its fourth-quarter earnings three weeks ago.

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Sierra Wireless, T-Mobile expand wholesale partenrship