Semtech and YEAP! Expand LoRa-Based Network in Latin America
Uruguay’s nationwide LoRaWAN network has reached first stage of deployment.
Semtech Corporation, announced that YEAP!, an Argentina-based LoRaWAN™ network operator that enables the IoT and LoRa Alliance™ member, rolled out public LoRaWAN networks to leverage Semtech’s LoRa® devices and technology in Uruguay.
YEAP! has recently completed its first stage of deployment in Uruguay’s capital, Montevideo, as the first part of its investments to increase LoRaWAN coverage in Uruguay, Paraguay and the greater Latin America region.
Martin Rajman, YEAP!’s CEO, said;:
“We have very ambitious plans for Latin America that are already in progress. Our new operation in Uruguay increases the scale of the network in Latin America and enables a larger ecosystem of local IoT integrators and solution providers.”
Latin America’s IoT market is expected by Micromarket Monitor to more than triple from $ 14.2 billion in 2013 to $ 44.4 billion by 2019. To support this rapid growth, YEAP! developed a long range, low power LoRa-based infrastructure to support a variety of solutions including smart parking, smart lighting and smart energy monitoring. YEAP!’s solutions can be implemented into preexisting networks with minimal deployment cost, and LoRa Technology’s low power design offers optimal battery sustainability.
“The IoT industry in Latin America is expanding rapidly and YEAP! is one of the leading companies establishing smart, innovative solutions in the region,” said Vivek Mohan, Director of IoT in Semtech’s Wireless and Sensing Products Group.
“LoRa-based solutions are important for Latin America to improve services to its community and solve daily challenges including reducing traffic congestion and conserving natural resources. Semtech’s collaboration with YEAP! will continue to advance our shared goal of creating an infinite amount of LoRa-based use cases for multiple verticals.”
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