Deutsche Telekom, T-Mobile and Telit seal deal to collaborate in worldwide M2M growth market
* Partners rely on pioneering solutions and comprehensive support in mobile machine communication
Focus: Innovations for M2M. Deutsche Telekom AG, T-Mobile GmbH and Telit Communications PLC have signed a deal sealing their strategic global collaboration. Telit is a leading provider of technologies for mobile machine communication. The parties are placing their trust in a close collaboration for the marketing and future development of M2M products and services in their target markets. Customers will benefit from integrated solutions allowing networking of vehicles, machines, measurement and control modules, and other objects along with comprehensive, fully customized services.
“The M2M market offers us huge growth potential as the operator of a mobile communications network with excellent coverage,” says Marc Büsgen, head of Sales Development, T-Mobile Deutschland Business Customers. “The partnership with Telit, a particularly innovative M2M provider, will allow us to continue tapping this potential and further expand our customer base over the long term. Telit understands users’ needs and thus is a key partner for us.”
Dominikus Hierl, Managing Director Strategy Accounts & Corporate Business Development at Telit Communications PLC, underscores this point. “As an innovation leader in M2M, Telit pursues a strategy of offering its customers the highest standards of quality, future-proof technology, and comprehensive, individualized customer support,” he says. “We share this approach with Deutsche Telekom and T-Mobile. The strategic collaboration we have just agreed on affords us the ideal foundation on which to enter new customer segments and develop innovative M2M solutions and services.”
Deutsche Telekom, T-Mobile and Telit will bundle their expertise on the basis of a memorandum of understanding. The defined objective is to jointly expand the partners’ positions in the growing market for M2M -solutions on an international scale. The agreement covers both product development - including product simplification and standardization - and sales and marketing. In particular, the companies hope to identify relevant target groups in the segments of telematics, fleet management, navigation, smart metering (remote reading), vending machines and security.
T-Mobile and Telit are planning future joint efforts to develop and market innovative M2M solutions for these target groups.
About Deutsche Telekom AG
Deutsche Telekom is one of the world’s leading integrated telecommunications companies with over 150 million mobile customers, around 39 million fixed-network lines and approximately 17 million broadband lines (as of September 30, 2009). Its product brands are T-Home (fixed-network telephony, broadband Internet), T-Mobile (mobile communications), and T-Systems (ICT solutions). As an international Group with approximately 260,000 employees operating in around 50 countries worldwide (as of September 30, 2009), Deutsche Telekom generated more than half of its revenue - EUR 61.6 billion - outside of Germany in 2008.
Telit Wireless Solutions is a globally leading specialist in wireless machine-to-machine (M2M) technology. Telit is the only company worldwide to offer communications modules for all relevant wireless technologies: it develops, produces and markets modules for GSM/GPRS, UMTS/WEDGE/HSDPA, CDMA/EVDO and short-range RF applications. M2M applications rationalize business processes by enabling machines, equipment and vehicles to communicate with one another via mobile networks. Telit products are used all over the world and marketed via Telit’s offices in Brazil, China, Denmark, France, Germany, Israel, Italy, Korea, Spain, the Republic of South Africa, Taiwan, Turkey, the UK and the USA. Partners can purchase Telit modules worldwide. Telit Communications PLC is listed on AIM (ticker: TCM).
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