NTT Communications acquires stake in Transatel
The Japanese giant has invested in a Paris-based telecoms firm to drive innovation in IoT
NTT Communications has bought a majority stake in Transatel, a global connectivity solution provider for the MVNO (mobile virtual network operator) and IoT markets. NTT Communications is the ICT solutions and international communications business within Japanese conglomerate NTT Group. Its SVP of network services, Shuichi Sasakura, said that the firm wants to drive innovation in the development of connected cars, industrial & consumer IoT and smart cities. "Together with Transatel's engineering...
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