Verizon has 4G LTE Cat M1 US IoT acronym-gasm

Verizon has announced it will launch what it claims is the first nationwide commercial 4G LTE Category M1 network in the US.
The new network will span 2.4 million square miles, built on a virtualized cloud environment, to target customers seeking wireless access solutions for IoT. Verizon claims he Cat M1 is a new class of LTE chipset that is designed for sensors, requiring less power, while supporting an array of use cases in the burgeoning IoT segment.
“As the natural shift from CDMA-bas