Novatel’s MiFi brand of hot-spot devices allows cell phone users to wirelessly connect up to five pieces of equipment to the Internet. The company says it expects revenues to decline significantly from the fourth quarter of 2010 to the first quarter of 2011.

Novatel’s MiFi brand of hot-spot devices allows cell phone users to wirelessly connect up to five pieces of equipment to the Internet. The company says it expects revenues to decline significantly from the fourth quarter of 2010 to the first quarter of 2011.

NOVATEL WIRELESS INC.

CEO and Chairman: Peter Leparulo.

Revenue: $339 million in 2010; $337 million in 2009.

Net income/loss: Net loss of $33 million in 2010; net profit of $4 million in 2009.

No. of local employees: 282.

Headquarters: Sorrento Mesa area of San Diego.

Year founded: 1996.

Stock symbol and exchange: NVTL on Nasdaq.

Company description: Maker of wireless modems, routers and modules for cellular carrier networks, as well as MiFi brand wireless routers for the consumer market.

Novatel Wireless Inc...

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