Company

Telit Communications plc

Headquarters: London, United Kingdom

Employees: 820

CEO: Mr. Paolo Dal Pino

show_chart LSE: TCM

Market Cap

£252.4 Million

GBP as of March 13, 2021

US$351.3 Million

No historic market cap data available

Detailed Description

Telit Communications PLC, together with its subsidiaries, provides a portfolio of integrated products and services to support and enable Internet of Things (IoT) deployments in the Europe, the Middle East, Africa, the Asia-Pacific, and the Americas. It operates in two segments, IoT Products; and Cloud & Connectivity. The company develops, markets, and sells cellular, global navigation satellite system modules, short range wireless modules, IoT connectivity, and IoT platform services, as well as on-board edge devices to the IoT. It provides solutions and applications for deployment of IoT solutions with life cycle management in the traditional IoT verticals, such as asset tracking, logistics, remote industrial monitoring, automated utility meter reading, telematics, mobile health devices, and the fast-growing enterprise market. The company's IoT portal delivers managed and value-added services; application enablement; and connectivity management in a platform-as-a-service model; and offers mobile data plans and roaming solutions for IoT business models. It is also involved in the development, presales, marketing, and distribution of m2m wireless and other products; and provision of operational technology integration, professional, and solutions consulting services, as well as support and training services. The company sells its products and services directly to solution providers, engineering/design firms, device manufacturers, and system integrators, as well as indirectly through a network of distributors. It serves the automotive and transport, smart buildings, smart energy and utilities, smart cities/smart transportation, smart factory/industry, security and surveillance, healthcare, retail, and agriculture industries. Telit Communications PLC was founded in 1986 and is headquartered in London, the United Kingdom.

Stocks & Indices

Telit Communications plc has the following listings and related stock indices.


Stock: LSE: TCM

Stock: FSX: TEF

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Details

Headquarters:

Cannon Place

78 Cannon Street

London, EC4N 6AF

United Kingdom

Phone: 44 20 3289 3831