December 21, 2018

NTT Communications to acquire stake in Transatel and boost presence in the IoT market

The acquisition seeks to unleash business opportunities, enabling enterprises to connect, manage and monetize their IoT services.

NTT Communications

Chinese telecom giant NTT’s SBU NTT Communications is all set to acquire an equity stake in Transtel to boost their presence in the IoT market, which is touted to reach USD 1.1 trillion by 2021. With this move, NTT seeks to unleash business opportunities, enabling enterprises to connect, manage and monetize their IoT services.

According to NTT Communications, the development of connected cars, industrial, consumer IoT and smart cities will bring major changes in many sectors. They claim that this change needs to be supported by infrastructure that will allow enterprises and customers leveraging 5G to utilize IoT efficiently.

By acquiring a stake in Transatel, NTT believe that they will be able to access the former’s IoT capabilities and their reach across the global market. They claim that NTT will be able to extend their global IoT solution, network infrastructure, data center, cloud and IoT platforms to provide a unique offering to the market.

Shuichi Sasakura, Senior Vice President and Head of Network Services of NTT Comm. believes that Transatel’s engineering expertise in the IoT connectivity space will bolster NTT’s existing global reach and position them as a go-to-provider for cloud and IoT platforms.

Complementing Sasakura, Transatel say that they have reached that stage in business wherein they can scale their operational capacities beyond APAC markets. They say that by expanding in European countries and building their brand successfully, Transatel-NTT combination will provide a wide suite of products and services.

It will be interesting to see how NTT make the most of this investment, following their alliance with Trend Micro for 5G security.