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

Tele2 profits rise in 2014 as it promises to “fully exploit” 4G LTE Tele2 profits rise in 2014 as it promises to “fully exploit” 4G LTE Tele2 continued to laud its ability to monetise its mobile customers as net profits increased by 171 percent during 2014. More detail
Profits up, sales down at BT as EE due diligence makes “good progress” Profits up, sales down at BT as EE due diligence makes “good progress” BT reported mixed financial results as it revealed plans to acquire EE were making good progress. More detail
BT plans to deploy G.Fast in 2016 BT plans to deploy G.Fast in 2016 BT is planning to deploy G.Fast technology from next year as it looks to boost broadband speeds. More detail
TeliaSonera CEO promises another new dawn as 2014 sales, profits slide TeliaSonera CEO promises another new dawn as 2014 sales, profits slide TeliaSonera’s CEO has promised a new start after 2014 revenues shrank and the company continued to struggle with profitability in Eurasia. More detail
Sky announces plans to enter UK mobile market with O2 deal Sky announces plans to enter UK mobile market with O2 deal Sky will launch a mobile service in the UK next year after signing a deal with O2. 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.