SoftBank Corp. has purchased a share in the company and agreed to an exclusive distribution agreement for the Asia-Pacific area. As a result, 1NCE IoT services will be sold exclusively in 19 APAC markets by SoftBank Corp., a renowned Japanese communication and information technology service provider.
To expand its service capability to Bangladesh, Australia, Japan, Malaysia, Myanmar, Nepal, New Zealand, Pakistan, Philippines, Cambodia, China, India, Indonesia, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, and Vietnam, 1NCE will open technical operations and sales offices in Singapore and Tokyo.
"1NCE is the only company that can deliver true cross-border, future-proof IoT connectivity without uncertainty – a perfect extension of SoftBank Corp.'s existing IoT portfolio. We've closely followed 1NCE's strong U.S. launch earlier this year and expect the same explosive growth in the underserved APAC region,"
Daichi Nozaki, Vice President, Head of Global Business Division, Enterprise Business Unit at SoftBank Corp