The German telco expects to grow in the IoT segment via a new joint IoT offering with T-Mobile U.S, through which they aim to target global companies
Deutsche Telekom is experiencing an expansion in the IoT business after the company had some delays in this field, Deutsche Telekom’s CEO Timotheus Höttges said during a conference call with investors.
“We were a little bit late on the IoT. But now our organization has [caught] up significantly, and is doing very well. We have more than 45 million IoT and machine-to-machine subscribers in Germany alone. We have in Europe another increase of 4.5 million IoT devices. Revenue growth in this area was more than 10% and the growth drivers for this area are the automotive and logistics industries using our services,” the executive said.
“We are now offering [IoT] for the big global companies together with T-Mobile U.S. Having this super 5G and having this countrywide LTE network for the first time, we can easily compete with AT&T and Verizon in this regard,” Höttges said.
Earlier this month, T-Mobile US and Deutsche Telekom launched T-IoT, a new enterprise solution for global IoT connectivity, platform management and support.
In a joint statement, the companies said that the new offering will be available across 188 destinations, on 383 networks worldwide.
The partners added that their new T-IoT will “deliver worldwide network connectivity spanning the full range of technologies to support nearly every possible IoT scenario” including NB-IoT, LTE-M, LTE, and 5G.
The new offering also features a “single pane of glass” to view, and eventually, to manage global IoT connections across several platforms, including T-Mobile Control Center and Deutsche Telekom M2M Service Portal, the companies said. They added that their offering also has a simplified procurement process that includes streamlined contract and billing, consistent global service level agreements and customer support.
T-IoT is offering both a pay-per-data model or a choice of three flat-rate unlimited connectivity packages across the U.S. and Europe
Höttges also said the Deutsche Telekom was building its IoT platform in a cloud-native environment, with the aim of making easier for customers to register to these services.
“We want to automate this access to the services to a maximum way prospectively, even maybe over a blockchain. But it’s a little bit too early to say. So we are investing technology-wise into this field. We see the growth coming. It will be an international offer. And we do that jointly with the T-Mobile U.S, as one of the big synergies projects we are having,” he said.
T-Mobile U.S. is majority controlled by Deutsche Telekom.
