Telefonica is set to explore new business opportunities in the machine-to-machine (M2M) sector, it has revealed.

Telefonica Digital has teamed up with Turkish mobile network Avea in a deal that encompasses the development of technology, sales and marketing.

The pair will aim to maximise cost efficiency as part of the deal and could boost their incomes as they explore new markets. They will join forces to devise marketing and market analysis strategies and seek to offer solutions in different parts of the world by producing a universal SIM card.

The companies will also cooperate in the development of services in transportation, smart cities, home automation, energy efficiency, mobile healthcare and industry. They will aim to jointly promote open standards and the interoperability of M2M systems across the world.

Carlos Morales, Telefonica Digital's M2M director, said: "There is a huge potential behind the M2M business. This cooperation with Avea will help us in further developing novel vertical solutions and widen our coverage."

More News

Liberty Global ups stake in UK broadcaster ITV Liberty Global ups stake in UK broadcaster ITV Liberty Global has increased its stake in UK broadcaster ITV in what it described as an “opportunistic” move. More detail
Proximus ups 2015 guidance as Q2 financials show improvement Proximus ups 2015 guidance as Q2 financials show improvement Proximus said underlying earnings and sales for the full financial year will be better than expected as it reported its Q2 financials. More detail
Record-breaking Q2 at Turkcell despite fall in mobile customers Record-breaking Q2 at Turkcell despite fall in mobile customers Turkcell recorded its highest ever second quarter revenues, earnings and net profits despite a significant fall in its mobile subscriber base. More detail
Telefónica ups 2015 guidance as Q2 sales, profits rise Telefónica ups 2015 guidance as Q2 sales, profits rise Telefónica said revenues for the 2015 financial year would grow by 2.5 percent more than previously thought after a strong Q2 performance. More detail
Telecom Italia signs deal with Netflix ahead of launch Telecom Italia signs deal with Netflix ahead of launch Telecom Italia has signed a deal with Netflix to offer the video on demand service via its TIMvision set-top box. More detail
    

This website uses cookies to improve your experience. Using our website, you agree to our use of cookies

Learn more

I understand

About cookies

This website uses cookies. By using this website and agreeing to this policy, you consent to SJP Business Media's use of cookies in accordance with the terms of this policy.

Cookies are files sent by web servers to web browsers, and stored by the web browsers.

The information is then sent back to the server each time the browser requests a page from the server. This enables a web server to identify and track web browsers.

There are two main kinds of cookies: session cookies and persistent cookies. Session cookies are deleted from your computer when you close your browser, whereas persistent cookies remain stored on your computer until deleted, or until they reach their expiry date.

Refusing cookies

Most browsers allow you to refuse to accept cookies.

In Internet Explorer, you can refuse all cookies by clicking “Tools”, “Internet Options”, “Privacy”, and selecting “Block all cookies” using the sliding selector.

In Firefox, you can adjust your cookies settings by clicking “Tools”, “Options” and “Privacy”.

Blocking cookies will have a negative impact upon the usability of some websites.

Credit

This document was created using a Contractology template available at http://www.freenetlaw.com.