NTT Communications to Acquire Stake in Transatel, a Global Connectivity Solution Provider for the MVNO and IoT Markets

NTT Communications Corporation (NTT Com) and Transatel, a global Internet of Things (IoT) cellular connectivity management provider and Mobile Virtual Network Enabler (MVNE), jointly announced that they have entered into exclusive negotiations over NTT Com’s acquisition of a majority stake in Transatel. After entering into the definitive agreement, NTT Com and Transatel will proceed to complete the transaction. The development of connected cars, industrial & consumer IoT and smart cities, will bring major changes to our societies. This revolution is expected to unleash tremendous new business opportunities enabling enterprises to connect, manage and monetize their IoT services, and this market is expected to reach $1.1 trillion by 20211 Transatel, established in 2000, has since 2012 been a pioneer in deploying its own worldwide data MVNO network compliant with Embedded SIM (eSIM2) technology to address three key market segments: Consumer Electronics, Automotive and Industrial IoT (IIoT). Its award-winning SIM 901 platform has been selected by prestigious enterprises to deliver secure, global cellular connectivity services, authentication and network management. In addition, Transatel has a track record of over 170 successful client MVNO launches and is the leading European MVNE.