A new Internet of Things (IoT) MVNO has launched claiming to be the first affordable pan-European GSM connectivity provider for M2M services.

CoSwitched said it can connect machines in 23 countries via a state-of-the-art platform that enables voice, messaging and data services.

The Portugal-based company said it wants to take advantage of “the current vibe” surrounding the IoT. It said it is aiming its new business at the lower end of the market, starting with small device manufacturers that sell 100 devices a year.

Such companies can order SIM cards from an online shop starting at €1.50 per month for 5 MB of data.

"IoT is the most exciting and one of the fastest growing markets at the moment. Machines can be connected to theiInternet using many technologies. Traditional operators and their partners dominate the GSM connectivity service, however times have changed. We truly believe that the industry lacks a different type of connectivity provider," said CoSwitched co-founder Bruno Duarte.

“CoSwitched aims to disrupt the market with a simple, affordable and no frills and no boundaries value proposition. We expect to have between 10 to 15 thousand GSM connections in the first year."

Speaking to European Communications, Duarte said the idea for CoSwitched first came to light late last year when he developed an M2M app using the single-board computer Raspberry Pi, but discovered how hard it was to get hold of M2M SIM cards.

The company has an agreement with an unnamed mobile operator with “MVNE capabilities” and “good roaming agreements”.

Duarte said it had selected roaming agreements with Vodafone and Three in the UK, all networks in Netherlands and Vodafone in Portugal.

Meanwhile, CoSwitched has “some orders” already, including two customers in Lisbon, the co-founder said.

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