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BUSINESS - NTT Communications Completes Acquisition of Majority Stake in Transatel

 

 

 

 

Transatel is a Global Connectivity Solution Provider for the MVNO and IoT Markets - NTT has a worldwide infrastructure, including industry leading, global tier-1 public and private networks reaching over 190 countries/regions

 

TOKYO & PARIS

Thursday, March 14, 2019

NTT Communications Corporation the ICT solutions and international communications business within the NTT Group (TOKYO:9432) and Transatel (HQ: Paris, France, CEO: Jacques Bonifay), a global Internet of Things (IoT) cellular connectivity management provider and Mobile Virtual Network Enabler (MVNE), jointly announced today that NTT Com has completed acquisition of majority stake in Transatel on February 28, 2019.

This transaction will allow NTT Com to drastically extend its Global IoT solution offerings. The combined synergies between Transatelís Worldwide data MVNO solutions and NTT Comís global network infrastructure, data center, cloud and IoT platform will bring to this alliance the ability to provide a unique value proposition to the market.

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