China Telecom has forged an IoT business partnership agreement with APAC and MEA mobile industry group Bridge Alliance.
Under the agreement, China Telecom will be able to provide IoT and M2M services to multinational enterprise customers across Bridge Alliance's footprint of 34 markets.
Bridge Alliance members will likewise be able to take advantage of the partnership by extending their own IoT services into China.
The partnership will leverage Bridge Alliance’s technical and commercial capabilities to provide homogeneous solutions across its footprint, taking advantage of the simplicity of a single point of integration with China Telecom.
Both China Telecom and Bridge Alliance members have deployed common connectivity platforms to provide customers with a unified experience when deploying their solutions across multiple markets.
The Asia-Pacific excluding Japan IoT market is predicted to surge to $455 billion in 2021, making it the top region for IoT investments in the world, according to IDC.
“We are excited to join Bridge Alliance as a business partner. China Telecom has a strong portfolio of multinational enterprise customers who are looking to deploy their products and services across the Asia Pacific, Middle East and Africa regions. Bridge Alliance is the ideal partner to fulfil such requirements,” Chian Telecom managing director of global business Deng Xiao Feng.
“Likewise, China Telecom is also ready to support any inbound opportunities from the member operators into China. With the supporting common platform and the business opportunities across these different regions, we are confident this partnership will be a mutually beneficial and win-win business collaboration.”