Melita acquires Netmore M2M

Melita Limited has significantly extended the international reach of its innovative IoT connectivity solution – melita.io – with the acquisition of the M2M SIM card business owned by Sweden-based IoT operator Netmore M2M AB

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Melita Limited has significantly extended the international reach of its innovative IoT connectivity solution – melita.io – with the acquisition of the M2M SIM card business owned by Sweden-based IoT operator Netmore M2M AB.

Netmore M2M forms part of the Netmore Group which – through its customised connectivity solutions – empowers IoT companies all over the world with smart, robust and affordable connectivity.

Andreas Stenhager, Chief Commercial Officer of the Netmore Group, said: “The sale of Netmore M2M is another step in our strategic focus on our fastest growing business area, IoT/LoRaWAN, and represents a significant contribution of capital to our business and also the beginning of a partnership with Melita.

“We are pleased that Netmore M2M will have a very well-suited owner who can continue to manage and develop the business for the benefit of the customers.”

Following the deal with Melita, Netmore M2M’s broad customer base will be able to take advantage of the functionality and services offered by melita.io, including roaming and an enhanced IoT management platform.

Melita CEO Harald Roesch said: “The acquisition of NetmoreM2M will further strengthen our fast-growing business for SIM-based IoT connectivity by adding customers from across Europe. The partnership with Netmore AB will also be a strategic element in our future expansion.”

“Netmore M2M customers stand to gain a range of benefits, such as improved international coverage, cheaper roaming rates, cheaper and more flexible data bundle options, and a user-friendly portal with the facility to manage M2M SIMs remotely.”

IoT has become an integral part of people’s lives, with numerous smart devices installed in modern households that are continually collecting and processing information. Wireless technologies allow this data to be transmitted in real-time, so that the condition and status of what is being monitored can be instantly assessed.

IoT provides companies with the insights and data they need to increase automation, improve operational efficiency and reduce costs.

It also plays an important role in cushioning the impact of industry on the environment, such as saving water, reducing pesticides used by farmers, and enabling transport and logistics operators to minimise fuel consumption.

Meanwhile, in both the hospitality sector and domestic homes, IoT can be used to optimise the use of heating, lighting and cooling, which saves energy, resulting in lower bills.

 

Melita invests over €150 million in its infrastructure

Melita Limited has invested over €150 million in its network and technology infrastructure during these recent years to cater for the continuous increase in demand for connectivity and to satisfy customer expectations for faster downloads and seamless streaming.

This investment continued in the past months, as Melita focused on enhancing the quality and capacity of its local and international internet infrastructure by deploying state-of-the art, 100G capable, Cisco-powered equipment and circuits in Malta and in Melita’s hubs in Pozzallo, Catania and Milan.

These improvements to Melita’s internet backbone capacity allow for continued growth and augmented connectivity, allowing it to continue to maintain its leadership in the provision of local internet and other connectivity services.

Roesch said that with internet usage always on the increase, it was of utmost importance to plan ahead to ensure the internet infrastructure could handle the increase in traffic.

Malta ranks first in the latest EU report of the Digital Economy and Society Index (DESI) when considering the coverage of very high capacity networks, with Melita offering 1,000Mbps nationwide.

This has undoubtedly increased the appetite for ultrafast broadband.

Together with increasing its overall capacity, Melita has diversified its peering strategy even further, which in turn improves resiliency and reduces impact when one of its suppliers is disrupted. In addition to improving service continuity, this helps to improve on an ever more seamless experience for its customers..

“As businesses grow and remote working is here to stay, we want to ensure we’re well prepared to accommodate a future increase in load,” Roesch said.

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