What are the costs for the NB-IoT radio modules?
At the beginning of our commercial launch in Q2/2017 first NB-IoT radio modules were more expensive than the industry target of $5. As expected, this was due to initial low lot sizes, i.e. engineering samples. But over the next 12 months we expect unit costs to clearly decrease due to much higher production quantities. Economies of scale will particularly be guaranteed by the Chinese market, where all three mobile operators are rapidly building out their NB-IoT networks.