MTN to Offer Novatel Wireless Fleet Management and Vehicle Tracking to Business Subscribers across Africa
May 09 2016 - 4:16PM
Novatel Wireless, Inc. (Nasdaq:MIFI), a leading global provider of
solutions for the Internet of Things (IoT), including
software-as-a-service (SaaS), and Mobile Telephone Network Group
(MTN), Africa’s largest telecommunications network operator with
229 million subscribers across Africa and the Middle East, today
announced a partnership agreement to offer Ctrack telematics
solutions and services to MTN’s IoT customer base.
The solution enables MTN’s business subscribers to seamlessly
integrate fleet management and vehicle tracking solutions using
MTN’s Pan African IoT SIM cards, enabling businesses to benefit
from a single rate for IoT activity across the company’s footprint
in Africa. In addition, this allows companies with transcontinental
operations to easily monitor and track vehicles across borders.
“Given the similarities in the footprints of Ctrack and MTN, as
well as the benefits which fleet management and vehicle tracking
solutions provide to our business customers, this partnership is a
natural fit,” said Debbie Minnaar, Acting Executive for MTN’s Group
Enterprise Business Unit. “Over and above this, the launch of
fleet management services marks the beginning of MTN’s journey
towards building an IoT ecosystem, whereby services such as fleet
management can be leveraged to enable and enhance other offerings
related to smart cities, smart health and smart agriculture.”
“Wireless operators are an integral component of the Internet of
Things,” said Cobus Grove, General Manager Ctrack Global for
Novatel Wireless. “Through this partnership, we dramatically expand
our footprint throughout Africa while enabling MTN to offer
businesses operating any size of fleet the ability to easily deploy
secure and reliable telematics applications.”
The Ctrack fleet management and vehicle tracking platform for
MTN is a combination of hardware, software and firmware that
dramatically accelerates the time to market of M2M and IoT projects
and enables MTN to layer their added-value components on a reliable
ready-to-use infrastructure. Ctrack’s extensive network of
distributors will provide the in-field support for each
country.
About the MTN Group
Launched in 1994, the MTN Group is a leading emerging market
operator, connecting subscribers in 22 countries in Africa, Asia
and the Middle East. The MTN Group is listed on the JSE Securities
Exchange in South Africa under the share code: “MTN.” As of 31
March 2016, MTN recorded 229 million subscribers across its
operations in Afghanistan, Benin, Botswana, Cameroon, Cote
d’Ivoire, Cyprus, Ghana, Guinea Bissau, Guinea Republic, Iran,
Liberia, Nigeria, Republic of Congo (Congo-Brazzaville), Rwanda,
South Africa, Sudan, South Sudan, Swaziland, Syria, Uganda, Yemen
and Zambia. Visit us at, www.mtnbusiness.com and
www.mtn.com
About MTN Business
MTN Business is the enterprise business unit within MTN Group.
The unit has presence in 24 markets across Africa and the Middle
East. MTN Business offers fully converged mobile and internet-based
ICT solutions, aimed at enabling and inspiring the growth of our
clients. Our offerings include Unified Communications and ICT
solutions in Cloud, Internet of Things, Security and Managed
Networks. Solutions are geared toward addressing the needs of
clients in the public and corporate sectors, as well as small and
medium enterprises. Visit us at www.mtnbusiness.com.
About Novatel Wireless, Inc.
Novatel Wireless, Inc. (Nasdaq:MIFI) is a leading global
provider of solutions for the Internet of Things (IoT), including
software-as-a-service (SaaS) solutions for the fleet telematics
market. Our innovative products and solutions provide
anywhere, anytime communications and analytics for consumers and
businesses of all sizes, with approximately 164,000 subscribed
fleet vehicles for Ctrack among the Company’s 534,000 global
subscribers. Novatel Wireless, Inc. is headquartered
in San Diego, California. www.novatelwireless.com. @MIFI
(Twitter);
https://www.linkedin.com/company/novatel-wireless (LinkedIn)
Cautionary Note Regarding Forward-Looking
Statements
Certain statements in this press release may constitute
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995. These forward-looking
statements relate to a variety of matters, including, without
limitation, statements related to the ability of Novatel
Wireless to expand its addressable markets and drive growth in
service revenue and broaden its customer base as a result of the
acquisition of DigiCore, and other statements that are not purely
statements of historical fact. These forward-looking statements are
made on the basis of the current beliefs, expectations and
assumptions of the management of Novatel Wireless and are
subject to significant risks and uncertainty. Investors are
cautioned not to place undue reliance on any such forward-looking
statements. All such forward-looking statements speak only as of
the date they are made, and Novatel Wireless undertakes
no obligation to update or revise these statements, whether as a
result of new information, future events or otherwise. These
forward-looking statements also involve many risks and
uncertainties that may cause actual results to differ materially
from what may be expressed or implied in these forward-looking
statements. For a further discussion of risks and uncertainties
that could cause actual results to differ from those expressed in
these forward-looking statements, as well as risks relating to the
business of Novatel Wireless in general, see the risk
disclosures in the Annual Report on Form 10-K of Novatel
Wireless for the year ended December 31, 2015, and in
other filings made with the SEC by Novatel
Wireless (available at www.sec.gov).
Editorial Contacts:
For Novatel Wireless
Anette Gaven
agaven@nvtl.com
619.993.3058
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