Sigfox Announces Strategic Alliance with Cube in IoT Infrastructure

Sigfox, the global 0G network1 and cloud provider for industrial data, is proud to announce a new strategic alliance with Cube Infrastructure Managers (Cube), through the sale of its German 0G network to Cube. Sigfox has grown its 0G IoT services by rolling out 0G networks across 72 countries and regions, which was largely achieved with partners called Sigfox Operators. These operators are the owners of the 0G networks, which they operate as exclusive connectivity providers of Sigfox IoT services, offering worldwide connectivity to customers. The sale of the German network to Cube will allow Sigfox to finance its continued innovation efforts in data value extraction and improvements in cloud algorithms to reduce energy consumption and allow the implementation of even more cost-effective devices and sensors.

Cube Infrastructure Managers, the European infrastructure fund manager, is proud to announce its strategic alliance with Sigfox with the acquisition of a majority stake in Heliot Europe, the owner and operator of the Sigfox 0G networks in Austria, Switzerland and Liechtenstein and the acquisition of Sigfox’s 0G network in Germany, which it is acquiring through Heliot Europe. Cube is therefore bringing together the 0G networks of all these four countries, which will together form the largest 0G network in Europe. Cube’s objective is to accelerate the growth of this essential and exclusive IoT infrastructure in the region in joint venture with the operating management of the networks, which retains a minority stake in Heliot Europe.