Telit
- Revenue$343.6 MFY, 2020
OverviewSuggest Edit
Telit Communications is a provider of wireless machine-to-machine technology and services including connectivity cloud and PaaS application enablement services. It also offers a range of integrated products, platforms, and services to support and enable IoT deployments from things to apps. Its portfolio of modules addresses cellular communication technologies, GNSS, and short-to-long range wireless applications.
| Type | Private | |
| Founded | 1986 | |
| HQ | London, GB | Map |
| Website | telit.com | |
| Employee Ratings |
Recent NewsAll News
- Telit and Thales Announce the Creation of the Leading Western IoT Solutions Provider: Telit Cinterion
- Telit Partners with MicroEJ on Software Development Solutions to Enable a Broader Development Ecosystem
- Telit Joins ConectarAGRO Association to Bring 4G Connectivity and Advanced Technologies to Brazilian Farmers
- Form 8.5 (EPT/RI) - Telit Communications plc
Key People/Management at Telit
Paolo Dal Pino
Chief Executive Officer
Eyal Shefer
Chief Financial Officer
Manish Watwani
Chief Marketing and Product Officer
Itzik Molcho
Chief Operating Officer
Yamit Sela
Chief Information Officer
Sharon Arad-Tzuk
Head of Global Human Resources
Telit Office Locations
Telit has offices in London and Boca Raton
London, GB (HQ)
78 Cannon St
Boca Raton, FL, US
5300 Broken Sound Blvd NW #150
Telit Financials and Metrics
Summary Metrics
Founding Date | 1986 |
Telit Revenue
Telit's revenue was reported to be $343.62 m in FY, 2020
| USD | |
|---|---|
Revenue (FY, 2020) | 343.6m |
Gross profit (FY, 2020) | 121.5m |
Gross profit margin (FY, 2020), % | 35.4% |
Net income (FY, 2020) | 6.2m |
EBIT (FY, 2020) | 13.2m |
Cash (31-Dec-2020) | 101.2m |
| USD | FY, 2018 |
|---|---|
Revenue/Employee | 411.0k |
Debt/Equity | 0.8 x |
Debt/Assets | 0.2 x |
Financial Leverage | 3.7 x |
Telit Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Dai Telecom Holdings (2000) Ltd. | ||
| GlobalConect Ltd | ||
| SecureWISE LLC | ||
| Telit Communications Cyprus Ltd. | ||
| Telit Communications SpA | ||
| Telit Communications Spain SL | ||
| Telit Technologies (Cyprus) Ltd. | ||
| Telit Wireless Services Ltd. | ||
| Telit Wireless Solutions (Australia) Pty Limited | ||
| Telit Wireless Solutions Co Ltd |
Telit Revenue Breakdown
Telit revenue breakdown by business segment: 85.9% from LoT Products - Industrial, 13.6% from Cloud and Connectivity Services and 0.6% from Other
Telit revenue breakdown by geographic segment: 28.9% from EMEA, 56.5% from Americas and 14.6% from APAC
Telit Cybersecurity Score
Telit Environment, Social & Governance (ESG) Ratings
Telit Online and Social Media Presence
7.97k Twitter followers
Telit has 7.97k Twitter Followers. The number of followers has increased 0.3% month over month and increased 0.6% quarter over quarter
Telit's Trends
Twitter Engagement Stats for @telit
11.2k
Tweets
2.9k
Following
8k
Followers
48
Tweets last 30 days
0.4
Avg. likes per Tweet
77.1%
Tweets with engagement
Telit News and Updates
July 29, 2022
Telit and Thales Announce the Creation of the Leading Western IoT Solutions Provider: Telit Cinterion
Telit and Thales jointly announce intended transaction whereby Telit incorporates Thales' cellular IoT products business and goes forward under Telit leadership Combined company, to be called Telit Cinterion, is leading Western IoT provider, supporting customers with expanded IoT...
June 20, 2022
Telit Partners with MicroEJ on Software Development Solutions to Enable a Broader Development Ecosystem
Advanced development teams can distribute functions across different layers, using Telit App Zone SDK to develop BSP functions and drivers in C/C++, while using MicroEJ layer to develop the application Telit+MicroEJ enables complex application development, with support for Java, Kotlin...
April 19, 2022
Telit Joins ConectarAGRO Association to Bring 4G Connectivity and Advanced Technologies to Brazilian Farmers
Supporting mission to expand access to 4G coverage and precision farming technologies with portfolio of products and services that enable agricultural applications LONDON, April 19, 2022 /PRNewswire/ -- Telit, a global enabler of the Internet of Things (IoT), today announced a strategic...
Telit Blogs
April 06, 2022
The Business Advantages of a Multi-GNSS Setup
The Internet of Things (IoT) connects a steady information stream between the people and processes powering the world. Global Navigation Satellite Systems (GNSS) provide critical timing and positioning functions for device operations. GNSS uses satellite technology to provide insight into connected…
March 25, 2022
Prepaid or Postpaid Connectivity: The Choice Is Yours
You have options for your IoT deployment. You can select versatile capabilities like embedded Universal Integrated Circuit Card (eUICC) or a plethora of innovative, fit-for-purpose solutions. How you pay for the connectivity of those deployments should be one of your choices, too. Postpaid plans, i…
March 23, 2022
The Role of RedCap in the Medium- to Long-Term Evolution of 5G
The upcoming launch of 3GPP Release (Rel) 17 in mid-2022 will introduce reduced capability (RedCap), part of 5G New Radio (NR). In some ways, 5G RedCap seeks to cover the needs currently met by LTE Cat 1 through Cat 4. It’s a light version of the 5G standard. 5G RedCap is designed for use cases...
T…
February 15, 2022
Benefits of Smart Building Automation with IoT
Building managers and real estate investors aren’t the only ones interested in reducing building operating costs and improving related efficiencies. Business owners and operators looking to reduce utility and maintenance costs can profit from employing Internet of Things (IoT) systems management pla…
February 11, 2022
MVNO: 3 Things to Consider
Everybody wants IoT with its ability to connect thousands of sensors, systems and machines across an entire enterprise. IoT offers businesses unprecedented agility, efficiency and responsiveness — essential qualities in today’s consumer-centric and value-driven business environment. An IoT deploymen…
February 07, 2022
The IoT Connectivity Ecosystem Is Evolving Rapidly — Are You Ready?
Rapid changes in technology and business models in the global roaming and IoT connectivity ecosystems are bringing uncertainties to the market. These unknowns may cause disruptions to IoT connectivity service cost and availability. At the same time, they’re muddying the waters when it comes to makin…
Telit Frequently Asked Questions
When was Telit founded?
Telit was founded in 1986.
Who are Telit key executives?
Telit's key executives are Paolo Dal Pino, Eyal Shefer and Manish Watwani.
How many employees does Telit have?
Telit has 737 employees.
What is Telit revenue?
Latest Telit annual revenue is $343.6 m.
What is Telit revenue per employee?
Latest Telit revenue per employee is $466.2 k.
Who are Telit competitors?
Competitors of Telit include Iskratel, Sierra Wireless and u-blox.
Where is Telit headquarters?
Telit headquarters is located at 78 Cannon St, London.
Where are Telit offices?
Telit has offices in London and Boca Raton.
How many offices does Telit have?
Telit has 2 offices.
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