Skip to main content

Semtech Supports Deployment of Brazilian LoRaWAN-based Network

Network is expected to connect two million IoT devices by the end of 2019

CAMARILLO, Calif., Dec. 19, 2018 – Semtech Corporation (Nasdaq: SMTC), a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms, announced that its LoRa® devices and wireless radio frequency technology (LoRa Technology) for the Internet of Things (IoT) is being utilized in a network based on the LoRaWAN™ protocol recently deployed in Brazil by American Tower (ATC). Using Everynet gateways and core wholesale technologies, the network has surpassed 400 thousand activated devices with the goal of reaching two million or more sensors by the end of 2019.

“Brazil is a key component of ATC's global innovation strategy and a crucial market in Latin America,” said Abel Camargo, Senior Director of Strategy and New Business Development of American Tower Brazil. “We believe we can continue to play a key role in the deployment of telecommunications infrastructure to support advanced use cases for a number of years to come.”

ATC’s LoRaWAN-based network already covers the metro areas of São Paulo, Rio de Janeiro and Belo Horizonte. These large markets are responsible for around 25% of the Brazilian GDP, and ATC plans to continue rolling out this network to cover 50% of the Brazilian GDP, or approximately 80 cities, by mid-2019.

“The increasing deployment of large scale LoRaWAN-based networks using LoRa Technology represents a growing trend in IoT adoption globally,” said Vivek Mohan, Director of IoT in Semtech’s Wireless and Sensing Products Group. “American Tower’s deployment in Brazil is expected to bring an estimated 1.5 million additional devices online by the end of 2019, enabling smarter IoT solutions from metering applications to smart city networks. Latin America represents an important market for IoT adoption as part of the deployment of more efficient networks.”

About Semtech’s LoRa® Devices and Wireless RF Technology

Semtech’s LoRa devices and wireless radio frequency technology is a widely adopted long-range, low-power solution for IoT that gives telecom companies, IoT application makers and system integrators the feature set necessary to deploy low-cost, interoperable IoT networks, gateways, sensors, module products, and IoT services worldwide. IoT networks based on the LoRaWAN™ specification have been deployed in 100 countries and Semtech is a founding member of the LoRa Alliance™, the fastest growing IoT Alliance for Low Power Wide Area Network applications. To learn more about how LoRa enables IoT, visit Semtech’s LoRa site and join the LoRa Community to access free training as well as an online industry catalog showcasing the products you need for building your ideal IoT application.

About American Tower

American Tower, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of over 170,000 communications sites. For more information about American Tower, please visit www.americantower.com/

About Semtech

Semtech Corporation is a leading supplier of high performance analog and mixed-signal semiconductors and advanced algorithms for high-end consumer, enterprise computing, communications, and industrial equipment. Products are designed to benefit the engineering community as well as the global community. The Company is dedicated to reducing the impact it, and its products, have on the environment. Internal green programs seek to reduce waste through material and manufacturing control, use of green technology and designing for resource reduction. Publicly traded since 1967, Semtech is listed on the Nasdaq Global Select Market under the symbol SMTC. For more information, visit www.semtech.com.

Forward-Looking and Cautionary Statements

All statements contained herein that are not statements of historical fact, including statements that use the words “goal,” “believe,” “plan to,” “trend,” “expected to,” “designed to,” or other similar words or expressions, that describe Semtech Corporation’s or its management’s future plans, objectives or goals are “forward-looking statements” and are made pursuant to the Safe-Harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual results of Semtech Corporation to be materially different from the historical results and/or from any future results or outcomes expressed or implied by such forward-looking statements. Such factors are further addressed in Semtech Corporation’s annual and quarterly reports, and in other documents or reports, filed with the Securities and Exchange Commission (www.sec.gov) including, without limitation, information under the captions “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors.” Semtech Corporation assumes no obligation to update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release, except as required by law.

Semtech, the Semtech logo and LoRa are registered trademarks or service marks, and LoRaWAN is a trademark or service mark, of Semtech Corporation or its affiliates.

SMTC-P

###