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Leading OBD telematics company Sinocastel selects Telenor Connexion as its Global Managed Connectivity supplier

(PresseBox) (Stockholm, ) The advanced IoT solution and know-how provided by Telenor Connexion will help improve Sinocastel’s service operation and drive their global sales.

Telenor Connexion, a leading global provider of Internet of Things (IoT) solutions, today announced that it has signed a global agreement with Sinocastel, one of the largest On-Board Diagnostics (OBD) Global Positioning System (GPS) hardware suppliers in the world.

Sinocastel Co. Ltd. is a subsidiary of China Aerospace Science and Technology Corporation (CASC) and one of the co-founders of China GPS Association. Based in Shenzhen, China, Sinocastel has, since January 2016, been providing OBD telematics for over 800 clients in 120 countries.

Strengthened position in the global telematics market

Sinocastel has selected Telenor Connexion as its global supplier of managed connectivity.The agreement adds real value for Sinocastel who can take advantage of Telenor Connexion’s advanced IoT solution and 400 strong partner network. Moreover, the solution provided by Telenor Connexion will help improve Sinocastel’s service operation to its global customers and drive global sales.

Commenting on the agreement, Ms. Mandy Xiang, CEO, Sinocastel said:
“What made Telenor Connexion a particularly compelling choice as partner, in addition to its reliable and high-quality IoT solution, is its dedicated team of experienced business developers and technical support staff available both globally, in Asia and locally here in China.”

He added:“We expect Telenor Connexion’s solution and know-how to help us strengthen our position in the telematics market and to develop our global solution sales business, especially in new markets, thereby increasing our revenues.”

“We are delighted to have this opportunity to partner with such a renowned and experienced telematics provider as Sinocastel. Their clients include global top players such as Coca-Cola and Fedex. This agreementunderlines Telenor Connexion’s position as a leading global IoT solutions provider and strenghtens our presence in Asia“, said Mats Lundquist, CEO, Telenor Connexion.

About Sinocastel Co. Ltd.

Sinocastel Co.,Ltd is a subsidiary of China Aerospace Science and Technology Corporation (CASC). As one of the co-founders of China GPS Association and one of the biggest OBD GPS hardware supplier in the world, Sinocastel has 15 years’ experience for GPS solution and 8 years’ experience of OBD telematics. By Jan 2016, Sinocastel partnership network had covered more than 800 clients in 120 countries.For more information, please visitwww.sinocastel.com

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About Telenor Connexion AB

Telenor Connexion designs and operates IoT solutions. Building on more than 15 years of experience, a strong solutions portfolio and a collaborative approach, Telenor Connexion makes it easy to realize the value of connected services. Together with customers such as Volvo, Nissan, Scania, Hitachi, Verisure Securitas Direct and Telcare, the company has designed smart and innovative IoT solutions deployed across the globe.

Telenor Connexion supports its customers throughout the entire product lifecycle - from solution design to operations and future development. By partnering with Telenor Connexion customers are ensured a reliable and secure end-to-end solution that can evolve over time. Headquarters and tech centre are located in Sweden and the company has regional offices in UK, Germany, US and Japan. Telenor Connexion is wholly owned by Telenor Group, one of the world's major mobile operators. For more information please visit www.telenorconnexion.com

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