Inseego Corp. · NASDAQ:INSG
Inseego — Merger or Acquisition (April 2026)
21 slides from Inseego's merger presentation, Apr 30, 2026
Slide 1: Inseego Acquisition of Nokia's Global FWA Business and Collaboration on Strategic Partnership
April 30, 2026 Inseego Acquisition of Nokia’s Global FWA Business and Collaboration on Strategic Partnership TRANSACTION ANNOUNCEMENT:
Slide 2: Disclaimers & Other Important Information
2 Disclaimers & Other Important Information This presentation is being furnished by Inseego Corp . (“Inseego” or the “Company”) in connection with its planned acquisition (the “Proposed Transaction”) of Nokia’s global FWA business (the “Business”) . This presentation should be read in conjunction wi
Slide 3: Contents
3 Inseego Acquisition of Nokia’s FWA Business | Contents 1. Acquisition Overview 2. The FWA Market Opportunity 3. Snapshot of the FWA Business Being Acquired 4. Transaction Structure & Economics
Slide 4: Transaction Overview
4 Transaction Overview SECTION 1
Slide 5: Acquisition to Double Inseego's Scale & Global Reach
5 Acquisition to Double Inseego’s Scale & Global Reach Transaction Highlights: 1. IMMEDIATE GLOBAL SCALE & TAM EXPANSION: the acquired business doubles Inseego’s revenue and catapults Inseego to be a wireless broadband leader on a global scale with strong anchor carrier customers and a robust portfo
Slide 6: Strategic Rationale & Long-Term Value Creation
6 Strategic Rationale & Long - Term Value Creation Immediate Global Platform Scale x Doubles and diversifies Inseego’s revenue, scale of operations, global footprint, and customer base x Expands customer base with additional Tier - 1 global carrier relationships x Broadens product portfolio across u
Slide 7: Broad Portfolio Across Business & Consumer Connectivity
7 Broad Portfolio Across Business & Consumer Connectivity Inseego Skyus Series SMB & Mid - Market FWA Value - Tier SMB FWA NOKIA FastMile Indoor & Outdoor FWA Inseego Wavemaker FW Series Outdoor Routers Inseego Wavemaker FX Series Inseego MiFi Pro Series Mobile Routers and Hotspots Rugged and Indust
Slide 8: How Inseego Plans to Drive Growth & Improve Profitability Across the Combined Platform
8 □ Drive Product Engineering Synergies & New Development Model Efficient use of tech platform (SW & HW module & Cloud) & product design re - use How Inseego Plans to Drive Growth & Improve Profitability Across the Combined Platform Inseego is focused on expanding revenue and driving future profitab
Slide 9: Strategic Collaboration With Nokia
9 GO - TO - MARKET COLLABORATION TECHNOLOGY COLLABORATION STRATEGIC ALIGNMENT • Collaborate on existing accounts and customer expansion opportunities • Support joint engagement with global operators and strategic customers • Intend to expand Inseego’s reach to Nokia’s customer & partner ecosystem •
Slide 10: The FWA Market Opportunity
10 The FWA Market Opportunity SECTION 2
Slide 11: AI, 5G Evolution, and 6G Are Expanding the Wireless Broadband Opportunity
11 AI, 5G Evolution, and 6G Are Expanding the Wireless Broadband Opportunity x Global demand for high - performance broadband is expanding across consumer, enterprise, industrial, and mobility use cases x Global 5G FWA market projected to grow from $ 48B in 2025 to $ 411B + by 2032 (+38% CAGR) 1 x A
Slide 12: Growing Market Opportunity for Fixed & Mobile Operators
12 Growing Market Opportunity for Fixed & Mobile Operators x 5G FWA shipments are expected to reach ~47m units by 2029 , driven by accelerating global operator adoption. 1 x FWA is emerging as the preferred connectivity solution given its cost advantage, rapid deployment, and improving performance.
Slide 13: Snapshot of the FWA Business Being Acquired
13 Snapshot of the FWA Business Being Acquired SECTION 3
Slide 14: The Nokia FWA Business at a Glance
14 ~$200m Revenue Run Rate (Based on Q1 2026 unaudited results) 100 + Customers Deployments Top 3 Global FWA Player The Nokia FWA Business at a Glance Connects high - growth, underpenetrated markets with next - gen wireless broadband solutions x Leader in delivering fiber - like wireless broadband ,
Slide 15: Nokia's Global FWA Portfolio Expands Inseego's Platform and International Reach
15 mmWave Outdoor Indoor • Enables multi - gigabit speeds and targeted capacity expansion • Supports higher - performance enterprise and dense urban use cases • Extends next - generation wireless broadband capabilities • Extends coverage where indoor signal is insufficient • Enables higher performan
Slide 16: A Transformational Milestone for Inseego
16 A Transformational Milestone for Inseego INSEEGO ACQUISITION OF NOKIA’S GLOBAL FWA BUSINESS
Slide 17: Transaction Structure & Economics
17 Transaction Structure & Economics SECTION 4
Slide 18: Transaction Structure
18 LONG - TERM ALIGNMENT TRANSITION SUPPORT & ENGINEERING MIGRATION TRANSACTION STRUCTURE x Growth and profitability alignment through profit - sharing arrangement in years 2 and 3 following closing x Aligns Inseego and Nokia around long - term stockholder value creation x Coordinated work to drive
Slide 19: Early Snapshot of Combined Profile & Platform at Scale
19 Early Snapshot of Combined Profile & Platform at Scale Inseego’s acquisition of Nokia’s global FWA business expands Inseego’s revenue base and global footprint while driving long - term profitability stockholder value creation ~$400m pro forma revenue profile ~$200m revenue run rate (Based on Q1
Slide 20: Key Transaction Takeaways
20 Key Transaction Takeaways x Positions Inseego as scaled global wireless broadband platform leader x Expands platform breadth across consumer, enterprise, and mobile connectivity, creating one of the industry’s most comprehensive wireless broadband product portfolios x Establishes unique strategic
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