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Strategic partnership hopes to create new M2M/IoT opportunities for vertical markets.

Tele2, NetComm Forge M2M Partnership

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7/3/2014
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STOCKHOLM -- Tele2 AB (Tele2), (NASDAQ OMX Stockholm Exchange: TEL2 A and TEL2 B) and NetComm Wireless Limited (ASX: NTC) today announced that they have entered into a strategic partnership to create new Machine-to-Machine (M2M)/Internet of Things (IoT) opportunities for vertical markets. This is achieved by transforming asset management capabilities in areas such as industrial automation, security, smart cities and healthcare.

The alliance forms part of a broader collaboration between leading M2M/IoT ecosystem partners selected by Tele2 and NetComm Wireless to provide end-to-end solutions easily applied to a broad range of M2M/IoT applications across key industry sectors.

NetComm Wireless' M2M/IoT devices provide the network connection and remote management components, enhancing operational and cost efficiencies by allowing businesses to monitor and control mission-critical equipment and valuable assets over the Tele2 network.

NetComm Wireless' industrial-grade 3G/4G M2M devices feature a Software Development Kit (SDK) for flexible customization and are equipped with industry standard protocols for remote device management capabilities so business customers can troubleshoot, upgrade firmware and rollout new applications via the Tele2 network in real time.

NetComm (ASX: NTC)

Tele2 AB (Nasdaq: TLTO)

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