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KORE Partners with Telefonica to Expand Native Global Connect™ Services in Latin America

KORE Partners with Telefonica to Expand Native Global Connect™ Services in Latin America

World’s Largest Specialized M2M Network Provider Enters Latin American Market with Native Carrier Services for Device Connectivity.

KORE, the world’s largest managed wireless services provider specializing in machine-to-machine (M2M) communications, today announced an extended partner agreement with Telefonica. As a result of the acquisition of Jazz Wireless Data earlier this year, which had an existing agreement with Telefonica, KORE will leverage and expand its M2M network services further into Latin America.

With Telefonica as part of its network, KORE adds another best-of-class Tier One wireless carrier to its M2M platform, to address the rapidly expanding Latin American regional market and further extend the Company’s “plumb once, deploy everywhere” formula for device connectivity across the globe.

It has become increasingly apparent that a roaming approach to M2M cellular access leaves customers exposed to inefficiencies in network reliability and airtime cost, as well as possible restrictions due to regulatory or commercial considerations in many markets. In Latin America this is especially true, where regulations mandate working with a local carrier in order to set up operations. With KORE Global Connect™, customers can connect into the KORE high-reliability M2M network hubs in Asia, Europe, North America and, now, Latin America to access the precise regional networks necessary to fulfill their business needs.

Alex Brisbourne, CEO of KORE, said:

“As global businesses continue to incorporate M2M applications into their core business at record rates, Latin America has emerged as a key growth market for KORE.”

“This new agreement with Telefonica allows us to expand our ‘native carrier’ services to that market, while continuing to blend high-reliability M2M network access with compelling fiscal terms. We have long understood M2M’s unique need for uninterrupted, reliable data communications regardless of geographic location, and are proud to offer customers an immediate entrée into Latin America, without them having to leave their local office.”

The KORE global network supports 2G, 3G and LTE data communications as well as SMS and satellite services. The leading KORE PRiSMPro™ business management platform provides a single view and centralized management capabilities for all devices throughout the world, with the ability to oversee inventory, provisioning, activation/deactivation, rate plans, technical support and much more from a single, Web-based interface. A single SIM can be activated and provisioned from virtually any location, providing users with unmatched control over their global M2M network and connected devices.

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