Is this U.S.-China selloff a buy? A top Wall Street voice weighs in
SAN DIEGO/HOUSTON - Inseego Corp. (NASDAQ:INSG), a $147.5 million market cap technology company currently trading near InvestingPro’s Fair Value estimate, and OneSource announced Wednesday the launch of Janus, a new managed service offering that combines Inseego’s 5G fixed wireless access devices with OneSource’s connectivity services.
The partnership integrates Inseego’s indoor and outdoor 5G FWA devices with OneSource’s service infrastructure to provide wireless broadband access for businesses of various sizes. The solution aims to deliver connectivity for enterprises through a dual-system design utilizing 5G cellular technology. With annual revenue of $174 million and a healthy gross margin of 39.2%, Inseego has demonstrated its ability to maintain profitable operations in the competitive telecommunications sector.
"Organizations are increasingly embracing 5G-based fixed wireless access as a primary connectivity solution," said Steve Harmon, Chief Commercial Officer at Inseego.
Jack Lucier, Chief Operating Officer at OneSource, described Janus as "a solution that gives businesses confidence in the reliability of their connectivity."
Janus features Inseego’s outdoor CPE supporting 5G/LTE and CBRS SIMs, along with indoor cellular router offerings. The solution is managed through Inseego Connect, a cloud-based platform that allows OneSource to monitor and manage deployed devices.
As part of the partnership, OneSource has achieved Inseego Certified Managed Service Provider status, indicating its team has demonstrated knowledge of MSP-related products.
The companies will showcase their solutions at OneSource’s Center of Excellence, featuring products including the FW2000 outdoor CPE, MiFi X PRO 5G hotspot, and FX3110 indoor router. They plan to host an open house at OneSource’s Houston headquarters on August 27 to celebrate the launch.
According to the press release statement, the partnership aims to address growing enterprise demand for 5G-based fixed wireless access solutions. InvestingPro analysis reveals positive momentum for Inseego, with two analysts recently revising their earnings estimates upward and projecting net income growth this year. Get access to 8 more exclusive ProTips and comprehensive analysis with an InvestingPro subscription, including the detailed Pro Research Report available for over 1,400 US stocks.
In other recent news, Inseego Corp reported its financial results for the second quarter of 2025, highlighting a total revenue of $40.2 million. The company also saw a sequential increase in adjusted EBITDA by 29%, reaching $4.7 million. These financial results reflect a positive trajectory for the company. Additionally, Inseego Corp has been active with new product launches and strategic executive hires. These developments suggest a focus on growth and expansion. While the stock price experienced a modest rise, analysts have yet to provide any upgrades or downgrades in response to these announcements. The company’s recent activities indicate a strategic approach to strengthening its market position. As these are recent developments, investors will be keenly watching for further updates.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.