Sequans (SQNS +4.2%) has had a tough time carving a niche in the competitive (I, II, III) and...

|About: Sequans Communications (SQNS)|By:, SA News Editor

Sequans (SQNS +4.2%) has had a tough time carving a niche in the competitive (I, II, III) and R&D-intensive market for mobile baseband chips, but the company's investment in TD-LTE 4G technology, set to be deployed by China Mobile, Clearwire, and multiple Indian carriers, is showing signs of paying off. Shares are higher today after the chipmaker announced a deal with Indian OEM Telenet. (previously)