Telenor IoT Hits 25 Million SIM Cards Deployment Milestone

Core Insights - Telenor ASA has achieved a significant milestone by deploying over 25 million SIM cards globally, positioning itself to reshape the Internet of Things (IoT) connectivity landscape [1] Group 1: Key Factors Driving Success - The company has strengthened its presence in key regions, particularly the United States and Asia, by expanding local teams and support infrastructure, allowing it to tap into new customer segments [2] - Telenor launched IoT Complete, a fully integrated and modular service designed to support comprehensive IoT infrastructure, enhancing its competitive edge [2] - The company has augmented its network capabilities to ensure uninterrupted connectivity for customers, even in regions with roaming restrictions [3] Group 2: Customer-Centric Approach - Telenor's commitment to customer relationships is reflected in a recent survey where 73% of respondents rated its IoT performance as "excellent" or "above average" compared to competitors [4] Group 3: Market Growth Potential - Management anticipates the global IoT market to grow by 11% in revenues and 15% in connections from 2023 to 2028, excluding China, positioning Telenor to capitalize on emerging trends [5] Group 4: Overall Company Performance - Telenor's diverse product portfolio, global reach, and commitment to customer success have contributed to exceeding the 25 million SIM card milestone, empowering customers to innovate and succeed [6]