Inseego's Nokia Deal Could Nearly Double Revenue, Analyst Says
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Inseego Corp. plans to acquire Nokia's Fixed Wireless Access (FWA) CPE business, potentially doubling its revenue and enhancing its global presence. The deal, expected to close in Q4 2026, allows Inseego to enter the consumer broadband market and expands its reach in Europe, India, and Asia. Nokia will take an 11% stake in Inseego, aligning both companies strategically. This acquisition supports Inseego's growth in 5G and future technologies while allowing Nokia to focus on higher-margin operations. Inseego shares rose 5.98% to $19.32, and Nokia shares increased 5.66% to $13.64.
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