Telenor IoT passes milestone of 25 million SIM cards
Telenor, a global leader in IoT connectivity, has surpassed the milestone of 25 million SIM cards deployed globally.
Mats Lundquist, CEO, Telenor Connexion
[Stockholm, January 14] – Telenor, a global leader in IoT connectivity, has surpassed the milestone of 25 million SIM cards deployed globally ¹. This achievement is driven by a combination of factors, including:
- Expanded Global Operations: Telenor IoT has significantly expanded its local teams and local support teams in the US and Asia, reaching new markets and customer segments.
- Diversified Product Portfolio: The company has introduced innovative new products and services to cater to the evolving needs of its customers – such as IoT Complete, a fully integrated, modular, and configurable service for end-to-end IoT infrastructure.
- Expanded network access: Expanded local network access in countries where roaming is restricted and regional points of presence network, so customers get the right network access for any use case, anywhere.
- Strong Customer Relationships: The commitment to customer satisfaction has resulted in exceptional customer relationships, enabling growth in the existing customer base. In the latest customer satisfaction survey a remarkable 73% of respondents rate Telenor IoT’s performance as ”excellent” or “above average” when compared with other IoT suppliers.
“We’re proud to have earned the trust of new and existing customers,” said Mats Lundquist, CEO of Telenor Connexion. “We see endless opportunities in the coming years with the market that is expected to grow 11% in revenue and 15% in connections from 2023-2028 globally, excluding China.2 We will continue to bring new technology, services and solutions to the market, with the main goal being to help our customers grow, innovate and build new business around connected products – Simply to continue to be the first choice for IoT.”
Footnotes:
¹ The combined customer base of both minority owned and majority/fully owned companies in Telenor Group.
2 According to Berg Insights report “The Global M2M / IoT Communications Market”, July 2024.