MediaTek recently announced it has completed the NarrowBand IoT Release 14 (NB-IoT R14) rate enhancement tests in collaboration with China Mobile to become the first chip maker to pass the test. A development board based on the MediaTek MT2625 System-on-Chip (SoC) solution was used to achieve the upload rate of 150kbps and download rate of 100kbps. At a data rate of 4 to 6 times over the R13 standard, R14 is sufficient for applications in remote meter reading, over-the-air firmware upgrade (FOTA), and voice over massage etc. NB-IoT R14 will open up new markets in the IoT industry. With the growing Internet-of-Things (IoT) market and services, the peak up/downlink speeds of the R13 standard can no longer keep up with application demands. As a result, the NB-IoT R14 evolution introduces the larger maxium 2536bits TBS and 2 HARQ processes to achieve over 100kbps peak uplink and downlink speeds promising GPRS bandwidth levels for remote upgrades and low power wide area (LPWA) situations with higher bandwidth and latency requirements in NB-IoT applications. At the same time, the NB-IoT R14 standard has also been enhanced in terms of mobility, positioning, multicasting, and multi-carrier techniques to provide better standards and technical support for the IoT industry and market applications.