Tele2 AB: Jasper Wireless to provide M2M/IoT platform

Regulatory News:

Tele2 AB (Tele2), (NASDAQ OMX Stockholm Exchange: TEL2 A and TEL2 B) today announced a partnership with Jasper Wireless, which will provide Tele2 with its platform for machine-to-machine (M2M) and Internet of Things (IoT).

Tele2 has made investments in personnel and IT to become a competitive player in the global M2M/IoT market. The partnership with Jasper Wireless will enable Tele2 to offer Jasper’s cloud-based platform to its customers and partners. The platform, which can be applied to any vertical industry, provides global visibility of all SIMs connected to the mobile network and robust self-service tools for provisioning, real-time diagnostics and usage control.

Rami Avidan, Head of Tele2 M2M Global Solutions, comments: ”The Jasper Wireless platform will provide our M2M/IoT customers with a highly flexible and powerful platform to manage connected devices. The platform is easy to use and will support Tele2 in delivering a simple and customer oriented M2M/IoT solution.”

Jasper Wireless delivers an industry-leading platform that enables customers and partners to automate operational processes. The platform is already operational and currently being rolled out in a number of customer projects.

Anders Olsson, Executive Vice President and CCO of Tele2 AB, comments: ”Our M2M/IoT solutions will help our customers and partners to reduce costs, identify new revenue streams and contribute to a more sustainable society. Our partnership with Jasper Wireless puts Tele2 in the right position to challenge other players in the global M2M/IoT market.”

For more information about Tele2 M2M Global Solutions, visit: m2m.tele2.com

TELE2 IS ONE OF EUROPE'S FASTEST GROWING TELECOM OPERATORS, ALWAYS PROVIDING CUSTOMERS WITH WHAT THEY NEED FOR LESS. We have 15 million customers in 10 countries. Tele2 offers mobile services, fixed broadband and telephony, data network services, cable TV and content services. Ever since Jan Stenbeck founded the company in 1993, it has been a tough challenger to the former government monopolies and other established providers. Tele2 has been listed on the NASDAQ OMX Stockholm since 1996. In 2012, we had net sales of SEK 31 billion and reported an operating profit (EBITDA) of SEK 6 billion.

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