Inseego completes acquisition of Nokia fixed wireless access business
Bitget2026/10/01 07:15- Inseego completed its acquisition of Nokia’s fixed wireless access business, a deal first disclosed on April 30, 2026.
- The transaction is expected to roughly double revenue, adding indoor, outdoor, and millimeter-wave fixed wireless access products.
- Nokia took about an 11% stake via roughly 1,900,000 Inseego common shares tied to a USD 10 million cash investment.
- Nokia also received warrants for up to about 800,000 shares at an exercise price of USD 4.26 per share.
- Nokia is set to pay an additional USD 10 million by Oct. 15, 2026 to support interoperability engineering work.
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