As Verizon executives appear to depart board, Ingenu CTO promises ‘positive’ changes and ‘more info soon’

As Verizon executives appear to depart board, Ingenu CTO promises ‘positive’ changes and ‘more info soon’ 1024 558 C-Suite Network

The founder and CTO of Ingenu, a company that builds IoT-focused wireless networks using its Random Phase Multiple Access (RPMA) technology, confirmed in a LinkedIn post that the company is undergoing “management changes,” but promised that the company would emerge in a better market position. He also hinted at changes to Ingenu’s business model.

“Changes are going on here at Ingenu..all very positive..more info soon,” Ingenu CTO and co-founder Ted Meyers wrote in a post to LinkedIn. “The management changes are a transition from an MVNO (mobile virtual network operator) focused management team to a management team consistent with a ground breaking technology company..RPMA is a fundamental technology, not a marketing tactic..stay tuned all—we are going into a whole different gear from this point forward! Strap in!!”

FierceWireless reported last week that John Horn is no longer CEO of Ingenu, which an unnamed spokesperson from the company subsequently confirmed to Mobile World Live. Horn is a longtime wireless veteran who previously headed up T-Mobile’s M2M business.

Further, according to several sources who asked to remain anonymous as well as the company’s website,…