NB IoT is a low power wide area network technology that allows connectivity of devices using a small part of the LTE spectrum bandwidth. It enables connectivity for a large number of devices using less battery power and provides better building penetration compared to previous technologies. NB IoT reuses existing LTE infrastructure and can support wide area connectivity for devices with low throughput but long battery life up to 10 years. It is well suited for applications like smart metering, asset tracking and wireless sensor networks.