NTT Communications to Acquire Stake in Transatel, a Global Connectivity Solution Provider for the MVNO and IoT Markets
NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group (TOKYO:9432) and the Transatel (HQ: Paris, France, CEO: Jacques Bonifay), a global Internet of Things (IoT) cellular connectivity management provider and Mobile Virtual Network Enabler (MVNE), jointly announced that they have entered into exclusive negotiations over NTT Com’s acquisition of a majority stake in Transatel, and that the necessary notification and consultation with the relevant works council were completed on December 20, 2018. After entering into the definitive agreement, NTT Com and Transatel will proceed to complete the transaction.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181220006029/en/
The development of connected cars, industrial & consumer IoT and smart cities, will bring major changes to our societies. This revolution is expected to unleash tremendous new business opportunities enabling enterprises to connect, manage and monetize their IoT services, and this market is expected to reach $1.1 trillion by 2021*1
Transatel, established in 2000, has since 2012 been a pioneer in deploying its own worldwide data MVNO network compliant with Embedded SIM (eSIM*2 ) technology to address three key market segments: Consumer Electronics, Automotive and Industrial IoT (IIoT). Its award-winning SIM 901 platform has been selected by prestigious enterprises to deliver secure, global cellular connectivity services, authentication and network management. In addition, Transatel has a track record of over 170 successful client MVNO launches and is the leading European MVNE.
This transaction will allow NTT Com to drastically extend its Global IoT solution offering. The combined synergies between Transatel’s Worldwide data MVNO solutions and NTT Com’s Global Network infrastructure, data center, cloud and IoT platform will bring to this alliance the ability to provide a unique value proposition to the market.
Shuichi Sasakura, Senior Vice President and Head of Network Services of NTT Com : “Together with Transatel’s engineering expertise in the IoT connectivity space, NTT Com believes that it can further enhance and contribute to bringing about digital transformation for our customers and partners in the IoT age.“
Jacques Bonifay, Transatel CEO and founder: “Thanks to NTT Com, Transatel now has the capacity to greatly increase its operational presence in Asia for the benefit of its European customers as well as providing the ideal solution for Asian companies and other Global Multi-National companies looking to globally expand their IoT offerings.
About NTT Communications
NTT Communications solves the world’s technology challenges by helping enterprises overcome complexity and risk in their ICT environments with managed IT infrastructure solutions. These solutions are backed by our worldwide infrastructure, including industry leading, global tier-1 public and private networks reaching over 190 countries/regions, and more than 400,000m2 of the world’s most advanced datacenter facilities. Our global professional services teams provide consultation and architecture for the resiliency and security required for your business success, and our scale and global capabilities are unsurpassed. Combined with NTT Data, NTT Security, NTT DOCOMO and Dimension Data, we are NTT Group.
As the leading European MVNE/A (Mobile Virtual Network Enabler/Aggregator), Transatel has, since its inception in 2000, launched over 170 MVNOs (Mobile Virtual Network Operators) and built a strong expertise in Machine-to-Machine connectivity. Since 2014 the company has offered an unparalleled cellular solution for global, multi-local data connectivity with eSIM capabilities for the IoT market, addressing the connected car, connected objects, and embedded connectivity markets.
*1: IDC’s report
*2: embedded SIM. SIM which can rewrite communication profile remotely
For more information
About Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
L&T-INFOTECH/LYMBYC17.7.2019 09:09:03 CEST | Press release
LTI to Acquire Advanced Analytics Firm Lymbyc
TRAXENS17.7.2019 08:32:11 CEST | Press release
Traxens Closes €20M Series C Financing Round With Key Strategic Partners
EBURY-PARTNERS17.7.2019 08:32:11 CEST | Press release
Unicaja Banco signs strategic partnership with Ebury Partners
CA-ANDERSEN-TAX16.7.2019 22:29:12 CEST | Pressemeddelelse
Andersen Global træder ind i Senegal, udvider tilstedeværelse i Afrika
CA-GILEAD-SCIENCES,-INC.16.7.2019 22:07:11 CEST | Press release
Gilead Sciences to Release Second Quarter 2019 Financial Results on Tuesday, July 30, 2019
NY-MSCI16.7.2019 16:51:06 CEST | Press release
MSCI Schedules Investor Conference Call to Review Second Quarter 2019 Results
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom