Verizon, Qualcomm and Novatel Wireless Announce Collaboration to Expedite Trials and Wide-scale Commercial Deployment of 5G NR mmWave Technology

HONG KONG, Oct. 16, 2017/PRNewswire/ -- Verizon, Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated (NASDAQ: QCOM), and Novatel Wireless, an Inseego company, today announced plans to collaborate on 5G New Radio (NR) millimeter wave (mmWave) technology development and over-the air field trials based on the 5G NR Release-15 specifications being developed by 3GPP – the global 5G standard. The companies plan to work together to help move the mobile ecosystem towards faster validation and commercialization of 5G NR mmWave technologies at scale, supporting a full-scale commercial network deployment before the end of the decade.

The full release is available on the Qualcomm News Center website at
(https://www.qualcomm.com/news/releases/2017/10/16/verizon-qualcomm-and-novatel-wireless-announce-collaboration-expedite)

About Verizon
Verizon Communications Inc. (NYSE, Nasdaq: VZ), headquartered in New York City, has a diverse workforce of 163,400 and generated nearly $126 billion in 2016 revenues. Verizon operates America's most reliable wireless network and the nation's premier all-fiber network, and delivers integrated solutions to businesses worldwide. Its Oath subsidiary houses more than 50 media and technology brands that engage about 1 billion people around the world.

About Qualcomm
Qualcomm's technologies powered the smartphone revolution and connected billions of people. We pioneered 3G and 4G – and now we are leading the way to 5G and a new era of intelligent, connected devices. Our products are revolutionizing industries, including automotive, computing, IoT, healthcare and data center, and are allowing millions of devices to connect with each other in ways never before imagined. Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio.  Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, all of our engineering, research and development functions, and all of our products and services businesses, including, our QCT semiconductor business. For more information, visit Qualcomm's website, OnQ blog, Twitter and Facebook pages.

About Inseego Corp.
Inseego Corp. (Nasdaq: INSG) is a leading global provider of MiFi®-branded intelligent wireless solutions for the worldwide mobile communications market and software-as-a-service (SaaS) and solutions for the Internet of Things (IoT). The Company sells its telematics solutions under the Ctrack brand, including its fleet management, asset tracking and monitoring, stolen vehicle recovery, and usage-based insurance platforms. Inseego North America (formerly Feeney Wireless) also sells business connectivity solutions and device management. The Company is headquartered in San Diego, California. www.inseego.com Twitter @inseego

Verizon Contact:
Chris McCann, Corporate Communications
Phone: 1-908-559-8135
Email: christopher.mccann@verizon.com

Qualcomm Contacts:
Pete Lancia, Corporate Communications
Phone:  1-858-845-5959
Email:  corpcomm@qualcomm.com

John Sinnott, Investor Relations
Phone:  1-858-658-4813
Email:  ir@qualcomm.com

Inseego Contacts:
Stephen Smith, Investor Relations
Phone: 1-858-247-2149
Email: stephen.smith@inseego.com

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SOURCE Qualcomm Technologies, Inc.