HomeCarriersTele2 strengthens internet of things division with acquisition

Tele2 strengthens internet of things division with acquisition

The Swedish operator acquired internet of things security firm Kombridge

Swedish telecommunications company Tele2 Group announced that Tele2 IoT has closed a deal to acquire compatriot internet of things company Kombridge, which specializes in security services, connected device management and application management for IoT applications and services.

Kombridge Connect security products will enable Tele2 IoT to strengthen its security portfolio.

Under the terms of the agreement, Tele2 IoT obtains Kombridge’s current customer base, product portfolio as well as its staff.

“The two companies have worked close to each other for a long time. Hence, we know each other well and are very confident that our combined strengths will make us an even stronger global IoT player with high value creation for our customers and partners,” Tele2 IoT Managing Director Rami Avidan said.

The Swedish firm offers its customers the Tele2 TMCC solution, which is a dedicated enterprise IoT self-service portal powered by Jasper. This portal gives customers visibility, flexibility and control over all their connections. TMCC shows, among other things, data usage, costs and invoices, checks provisioning status of SIM cards and connection session history.

Tele2 currently has 16 million customers in 9 countries. The telco offers mobile services, fixed broadband and telephony, data network services, content services and global IoT solutions.

MegaFon partners with MasterCard to offer payment solution in Russia

In other EMEA news, Russia-based operator MegaFon signed a partnership with MasterCard and Round bank for the launch of the MegaFon Card,

The new product, which will be available from October 1, will allow MegaFon customers to pay for goods and services with the contactless card wherever MasterCards are accepted, and transfer money to other MegaFon subscribers.

MegaFon subscribers can apply for the card at the operator’s retail stores.

“MegaFon has given its customers the unique opportunity to make free use of their mobile balance: pay for purchases, transfer money and earn interest,” MegaFon’s CEO Sergey Soldatenkov said.

“We already have more than 76 million subscribers; all they need to do is get a card, and with it, the key to the money on their mobile account.”

Previous post
IIoT case study: Controlling driver safety through big data
fleet management
Next post
Orion and SemperCon team for real-time IIoT fleet management