Telenor ASA recently reached a milestone by deploying more than 25 million SIM cards globally. By leveraging cutting-edge technology and expanding its global footprint, Telenor is likely to reshape the landscape of Internet of Things (IoT) connectivity.
Key Factors Driving TELNY’s Success
The company has strengthened its foothold in key regions, notably the United States and Asia, through the expansion of local teams and support infrastructure. This initiative has allowed TELNY to tap into new customer segments and address diverse market demands effectively. It continues to deliver innovative products and services to meet customer needs. Telenor launched IoT Complete, a fully integrated, modular and configurable service designed to support comprehensive IoT infrastructure. The company’s focus on innovation not only enhances customer expectations but also gives it a competitive edge over other players in the market.
Telenor has significantly augmented its network capabilities to ensure customers have uninterrupted connectivity, irrespective of their locations. By expanding its network access in regions where roaming is restricted, Telenor ensures that businesses can maintain seamless connectivity. The establishment of regional network points allows customers to access the right network for their use case, facilitating efficient data transmission. These advancements empower businesses to deploy IoT solutions in complex and restricted environments.
Telenor IoT’s customer-centric approach has been instrumental in its journey to 25 million SIM cards. The company’s commitment to building and maintaining healthy customer relationships is evident in its latest customer satisfaction survey, where 73% of respondents rated Telenor IoT’s performance as “excellent” or “above average” compared to other IoT suppliers.
Moreover, management highlighted the robust growth potential of the global IoT market. It anticipates the market to grow 11% in revenues and 15% in connections from 2023 to 2028 (excluding China). By continuously innovating new technology, services and solutions in the market, Telenor IoT is well-positioned to capitalize on emerging trends and customer demands.
With its diverse product portfolio, global reach, expanded coverage and commitment to customer success, Telenor IoT exceeded the 25 million SIM card milestone, empowering customers to grow, innovate and succeed.
Telenor is a leading telecommunications company in Norway, operating in one of the world's most advanced telecommunications markets. It provides mobile communication services globally.
Source: https://www.zacks.com/stock/news/2397310/telenor-iot-hits-25-million-sim-cards-deployment-milestone