Nokia selected by Telecom Argentina to help enable new enterprise IoT services

Nokia selected by Telecom Argentina to help enable new enterprise IoT services

Press Release

Nokia selected by Telecom Argentina to help enable new enterprise IoT services

Nokia's first Worldwide IoT Network Grid (WING) deal in Argentina will enable Telecom Argentina to offer IoT services to enterprises in the country and across Latin America

New revenue opportunity for Telecom Argentina will allow its enterprise customers to offer IoT services faster

Using this new technology, Telecom Argentina will offer its enterprise customers with strategic opportunities to guarantee the right solution implementation in various industry verticals in need of IoT services

12 February 2020

Espoo, Finland - Nokia has signed a contract with Telecom Argentina allowing it to offer IoT services to its enterprise customers in the country and across Latin America using Nokia Worldwide IoT Network Grid (WING). This agreement comes as Telecom Argentina prepares to offer a scalable onboarding process for all its IoT customers, operating in different business models.

Telecom Argentina is the first company in the country to close a deal with Nokia to offer IoT services to its enterprise customers using the fully virtualized and future-proofed WING infrastructure, offered as a managed service, which will allow companies to launch IoT services faster to improve their customer experience.

According to GSMA*, the number of IoT connections will reach 25 billion connections worldwide until 2025. Latin American IoT revenue** is expected to grow and be worth over USD 47 billion in the same year. While IoT rapidly advances consumer markets and smart homes, the segment of Industrial IoT will be the biggest source of growth for connections in the future.

Nokia's WING technology will provide Telecom Argentina's customers with strategic opportunities ensuring the implementation of suitable solutions to various industry verticals that seek for IoT services in Argentina with a fast time to market, enabling the operator to capture multiple IoT opportunities in various industry verticals, including automotive, agriculture, utilities, finance and services.

Alongside this, incremental services such as connectivity and device management will assist Telecom Argentina to create value-added opportunities in today's network and the 5G era to come. Nokia's IMPACT platform will provide device management functionality as part of the overall WING solution.

Fernando Freytes, IoT Manager, Telecom Argentina, said: We are expanding our capability to offer end-to-end solutions to our enterprise customers and solve their IoT-related needs with faster time to market. Nokia WING is helping us tap the expected growth of the IoT business in Argentina. With this new technology, we expect to reinforce our leadership with focus on IoT end-to-end, providing not only connectivity but all it is needed to help our customers to maximize the potential of IoT.

Ankur Bhan, Head of WING Business at Nokia, said: Nokia WING is continuing to develop across the Latin America region as Telecom Argentina sign up to be the first in its country to use WING services. With enterprise customers increasingly needing IoT services as part of their digital transformation strategy, we at Nokia are at the forefront of innovations that enable new IoT use cases using a range of connectivity options, including 5G.

Resources

Infographic: Worldwide IoT network grid (WING)

Webpage: Worldwide IoT network grid as a service (WING)

Video: Nokia WING is live to help operators accelerate revenue from IoT

Press Release: #MWC19: Nokia expands its WING offering with IoT applications for operators to address new vertical markets

Webpage: IMPACT

About Telecom Argentina

Telecom is a convergent connectivity solutions company, a cutting-edge company that emerges from the integration of two large Argentine companies: Telecom and Cablevisi n.

It offers fixed and mobile telephony, data transmission, pay TV and Internet services for individuals, companies and governments throughout the country. It also provides mobile services in Paraguay and pay TV in Uruguay.

Telecom Argentina continues to transform the digital experience of its customers by offering a secure, flexible and dynamic service, on all devices, with fixed and mobile high-speed connections, through an integrated content platform.

About Nokia

We create the technology to connect the world. Only Nokia offers a comprehensive portfolio of network equipment, software, services and licensing opportunities across the globe. With our commitment to innovation, driven by the award-winning Nokia Bell Labs, we are a leader in the development and deployment of 5G networks.

Our communications service provider customers support more than 6.1 billion subscriptions with our radio networks, and our enterprise customers have deployed over 1,000 industrial networks worldwide. Adhering to the highest ethical standards, we transform how people live, work and communicate. For our latest updates, please visit us online www.nokia.com and follow us on Twitter @nokia.

Media Inquiries:

Nokia

Communications

Phone: +358 10 448 4900

Email: press.services@nokia.com

Note to editors:

* GSMA Intelligence Report: The Mobile Economy (2019)

** GSMA Intelligence Report: Latin America's evolving digital landscape (2019)

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