Yosi Fait joins Telit’s board as finance director

Telit Commmunications has appointed Yosi Fait as finance director with overall responsibility for the M2M company’s finance strategy and business development.

He replaces Yariv Dafna, who has stepped down from the board but will remain the group CFO, responsible for the day-to-day operations of the firm’s finances, and will continue to serve as director off its subsidiaries worldwide.

Fait (pictured) is a certified public accountant and has held a number of executive positions with private and public companies. His previous roles with listed companies have included CEO of both Alony Group and H&O. He also served as CFO of Pelephone Communications, the first cellular operator in Israel. He began his professional career as an accountant with Ernst & Young in Israel.

“It is with great pleasure that I welcome Yosi to Telit’s board of directors,” said Oozi Cats, chief executive and member of the board of directors of Telit.

“I am confident that Yosi’s vast experience as CFO of a mobile network operator and as CEO of publicly traded companies will further strengthen Telit’s board and will focus our continuous efforts to increase shareholder value.

“It is also with great pleasure that I thank Mr Dafna for his service as a director. I look forward to maintaining a close working relationship with Yariv in his role ass CFO.”

Fait’s directorships in the past five years include Allo Telecom, BKF Investments & International Finance, BKF Commercial Centers, Chromat and Dai Telecom.

Telit develops and makes wireless M2M communications modules.


Nordic-powered Apple HomeKit with Thread smart air purifier captures and analyses air quality data

Posted on: September 28, 2022

Oslo, Norway – Connected appliances manufacturer, Sleekpoint Innovations, has released the ‘Purelle (AP2)’ under its Airversa brand, which specialises in creating air treatment products that improve the quality of the air we breathe. The smart air purifier takes advantage of Apple HomeKit with Thread Accessory Protocol.

Read more

IoT interoperability – Living the dream

Posted on: September 28, 2022

With the arrival of cost-effective Satellite IoT (SatIoT), Systems Integrators are rushing to meet the huge pent-up demand for global solutions that allow asset tracking across the 85% of the planet not covered by cellular networks. They are building fully connected IoT solutions, where mobile assets can be tracked as they move, connecting to an

Read more

9 IoT applications that will change everything

Posted on: September 1, 2021

Whether you are a future-minded CEO, tech-driven CEO or IT leader, you’ve come across the term IoT before. It’s often used alongside superlatives regarding how it will revolutionize the way you work, play, and live. But is it just another buzzword, or is it the as-promised technological holy grail? The truth is that Internet of

Read more

Which IoT Platform 2021? IoT Now Enterprise Buyers’ Guide

Posted on: August 30, 2021

There are several different parts in a complete IoT solution, all of which must work together to get the result needed, write IoT Now Enterprise Buyers’ Guide – Which IoT Platform 2021? authors Robin Duke-Woolley, the CEO and Bill Ingle, a senior analyst, at Beecham Research. Figure 1 shows these parts and, although not all

Read more

CAT-M1 vs NB-IoT – examining the real differences

Posted on: June 21, 2021

As industry players look to provide the next generation of IoT connectivity, two different standards have emerged under release 13 of 3GPP – CAT-M1 and NB-IoT.

Read more

IoT and home automation: What does the future hold?

Posted on: June 10, 2020

Once a dream, home automation using iot is slowly but steadily becoming a part of daily lives around the world. In fact, it is believed that the global market for smart home automation will reach $40 billion by 2020.

Read more

5 challenges still facing the Internet of Things

Posted on: June 3, 2020

The Internet of Things (IoT) has quickly become a huge part of how people live, communicate and do business. All around the world, web-enabled devices are turning our world into a more switched-on place to live.

Read more

What is IoT?

Posted on: July 7, 2019

What is IoT Data as a new oil IoT connectivity What is IoT video So what’s IoT? The phrase ‘Internet of Things’ (IoT) is officially everywhere. It constantly shows up in my Google news feed, the weekend tech supplements are waxing lyrical about it and the volume of marketing emails I receive advertising ‘smart, connected

Read more
IoT Newsletter

Join the IoT Now online community for FREE, to receive: Exclusive offers for entry to all the IoT events that matter, round the world

Free access to a huge selection of the latest IoT analyst reports and industry whitepapers

The latest IoT news, as it breaks, to your inbox