The Internet of Things (IoT) is expected to be the next revolution in the mobile ecosystem. IoT services are likely to be a key driver for further growth in cellular. An estimated 30 billion connected devices will be deployed by 2025 [Machina Research, May 2015], of which cellular IoT (i.e. 2G, 3G and 4G technologies used for IoT but not specifically optimized for IoT) and Low-Power Wide-Area (LPWA) modules are forecast to account for 7 billion units in 2025 [Machina Research, May 2015]. Numerous services are envisioned for cellular IoT, including utility meters, vending machines, automotive (fleet management, smart traffic, real time traffic information to the vehicle, security monitoring and reporting), medical metering and alerting. In addition, different devices such as e-book readers, GPS navigation aids and digital cameras are already connected to the Internet.