NTT Communications to acquire stake in IoT connectivity provider Translatel – FutureIoT
NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group, has announced that it is acquiring a majority stake in European Internet of Things (IoT) cellular connectivity management provider and Mobile Virtual Network Enabler (MVNE) Translatel.
Established in 2000, Transatel 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).