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Mats Lundquist, CEO, Telenor Connexion
Mats Lundquist, CEO, Telenor Connexion

Press release -

Telenor IoT passes milestone of 25 million SIM cards

[Stockholm, January 14] – Telenor, a global leader in IoT connectivity, has surpassed the milestone of 25 million SIM cards deployed globally ¹. This achievement is driven by a combination of factors, including:

  • Expanded Global Operations: Telenor IoT has significantly expanded its local teams and local support teams in the US and Asia, reaching new markets and customer segments.
  • Diversified Product Portfolio: The company has introduced innovative new products and services to cater to the evolving needs of its customers – such as IoT Complete, a fully integrated, modular, and configurable service for end-to-end IoT infrastructure.
  • Expanded network access: Expanded local network access in countries where roaming is restricted and regional points of presence network, so customers get the right network access for any use case, anywhere.
  • Strong Customer Relationships: The commitment to customer satisfaction has resulted in exceptional customer relationships, enabling growth in the existing customer base. In the latest customer satisfaction survey a remarkable 73% of respondents rate Telenor IoT’s performance as ”excellent” or “above average” when compared with other IoT suppliers.

"We're proud to have earned the trust of new and existing customers," said Mats Lundquist, CEO of Telenor Connexion. "We see endless opportunities in the coming years with the market that is expected to grow 11% in revenue and 15% in connections from 2023-2028 globally, excluding China.2 We will continue to bring new technology, services and solutions to the market, with the main goal being to help our customers grow, innovate and build new business around connected products - Simply to continue to be the first choice for IoT.”


Footnotes:
¹ The combined customer base of both minority owned and majority/fully owned companies in Telenor Group.
2 According to Berg Insights report “The Global M2M / IoT Communications Market”, July 2024.

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About Telenor Iot

Telenor IoT is the portfolio of IoT solutions from Telenor Group, one of the world’s major mobile operators. With more than 20 years’ experience of providing global IoT connectivity, cloud services and expert support to companies of all sizes, Telenor is one of the world’s most advanced IoT solution providers.

Telenor IoT manages international IoT deployments for global customers in some 200 countries and today operates more than 25 million connected devices to enterprises such as Volvo, Scania, Hitachi, Verisure and Husqvarna.

The IoT solutions are offered to national customers in the Nordics through the local Telenor operations in each country, and on a global level through Telenor Connexion, Telenor’s specialized unit that provides IoT solutions for large, international enterprises who need a customized offer with advanced support.

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The First Choice for IoT

Telenor is a world leading IoT connectivity provider who helps organizations of all sizes connect and operate their devices. With more than 20 years of experience and hundreds of dedicated IoT specialists we are the largest IoT team of any Nordic IoT service provider.
Our customers range from smaller companies and public sector to enterprises with the world’s most demanding international IoT deployments. We provide a portfolio of IoT connectivity and cloud services backed up by expert support in the Nordics as well as across the world with local representation in 18 countries across Africa, the Americas, Asia-Pacific, and Europe.
Today, we manage more than 25 million IoT connections across the world and have unique knowledge and experience to cost efficiently build and operate both large scale IoT solutions, and smaller, local solutions.

Telenor IoT

Garvis Carlssons gata 3
169 51 Solna
Sweden