Sonim Continues Growth Trajectory Into 2024

New customer agreements ignite the launch of additional products from new wireless internet portfolio

Three more leading North American carriers opt for Sonim Mobile Hotspots; Total commitments for Sonim Connect wireless internet portfolio reach six for 2024 launch, signifying robust demand for value-centric solutions.

Sonim Technologies Inc. (NASDAQ: SONM) today reported the latest advancements in its momentum series. A total of six customers have now chosen Sonim’s wireless internet devices for their 2024 line-up. This news builds on previous announcements that three customers had already committed to Sonim’s new range of mobile hotspots and modems. This recent commitment from three additional North American tier-one carriers to the value-centric model is a significant endorsement of Sonim’s growing portfolio of connected devices. It also demonstrates their readiness to meet the needs of both consumers and budget-conscious business customers in 2024. This development signifies another milestone in the growth trajectory of the Sonim Connect family of wireless internet devices as they gear up for the 2024 launch of their second mobile hotspot.

“At Sonim, we’re committed to reshaping connectivity standards by delivering high-performance, feature-rich products at an attractive price point,” said Chuck Becher, CCO of Sonim Technologies. “We aim to be a brand synonymous with quality, affordability, and trust for consumers, business customers, and public safety. Our business model allows us to provide exceptional products that will continue to grow Sonim’s market share and profitability. The market’s continued acceptance of our entire portfolio has been phenomenal, and we’re excited about the trajectory ahead.”

The new value-tier 5G mobile hotspot is perfect for businesses and consumers who require reliable, on-the-go connectivity yet demand affordability. This device supports global 5G connectivity, boasts cutting-edge design features such as SRS antenna switching to help optimize performance, and a powerful rechargeable battery to ensure you keep going through a full workday. Use the battery as a power bank and with Quick Charge you can top it off in no time. Furthermore, it incorporates Wi-Fi® 6E technology and Qualcomm’s Snapdragon® 5G X62 Modem RF-system, robust security measures, and Sonim’s signature durability and reliability. The device is backed by the Company’s 12-point rugged performance standards (RPS) with IP68 and MIL-STD-810H ratings which make it waterproof, dustproof, and drop proof—perfect for handling life’s unexpected challenges.

“The continued adoption of Sonim’s new portfolio of durable and value-conscious connected devices is a testament to their strategic focus on quality, affordability, and trust,” commented Prakash Sangram, Founder and Principal at Tantra Analyst. “It’s impressive to see their innovative products gaining such quick traction across the industry.”