Latest News  

Vodafone Romania buys Romanian IoT company

The Romanian unit of British wireless carrier Vodafone said it has signed an agreement for the acquisition of Evotracking, an Internet of Things (IoT) Romanian company which owns the EVOGPS brand.

2018-02-26 16:44:33

In the same time, the Romanian subsidiary of the telecom company is said it plans to hire specialists in big data and AI and invest large amounts , over 100 million Euro in in its network and IT, as part of the company's strategy on three years.

"This is the first full acquisition Vodafone Romania makes on the local market which reflects the quality of Evotracking business. The transaction strengthens our leadership in providing IoT solutions to the Romanian market and will allow us to offer our customers a wider range of technologies and services," Vodafone Romania CEO Murielle Lorilloux said.

Founded in 2009, Evotracking specialises in deploying advanced telematics solutions, being one of the most important players on the local fleet management market. The company's portfolio includes over 40 fleet management products that allow real-time tracking and tracking of vehicles, fuel consumption control, driver behaviour analysis, and other telematics solutions for companies in any industry and of any size.

Vodafone Romania has since 2003 provided IoT solutions for companies in various industries such as retail, auto, logistics and utilities.

Vodafone is a global leader in Internet of Things, with over 63.9 million IoT SIMs and with the largest 4G roaming coverage for IoT services in the world, including 109 countries. In Romania, Vodafone is the first telecom operator to successfully test a solution based on NB-IoT technology for the oil and gas industry in November 2017.

Vodafone Romania's service revenue rose by 2.2 per cent year-on-year on an organic basis in the three months through December, reaching 182.3 million Euro (226 million dollars).
The operator's mobile customer base increased by 5.2 per cent on the year to 9.94 million at the end of December, as about 9.22 million were mobile customers.

Vodafone Romania is a subsidiary of Vodafone Group.

The group has mobile operations in 26 countries, partners with mobile networks in 49 more, and has fixed broadband operations in 17 markets.


0 COMMENTS ^ Go back to Top
WRITE A COMMENT ^ Go back to Top
 
Your email address will not be published.
Nickname
Email
Comment
Validation Code
   
 
 
NEWS
Veeam marks record growth in 2018 to almost 1 billion Euro worth turnover

VeeamSoftware, the leader in intelligent data management for Hyper-Available Enterprise , marks the 39th consecutive quarter of growth , 21 per cent more than last year. Overall, the financial performance for 2

 Read Full article »
Atos ranked in Top Five for Managed Security Services, Worldwide by Gartner

Atos, a global leader in digital transformation today announces that it has been ranked amongst the top 5 global players in Managed Security Services (MSS) in terms of 2017 market share revenue, according to th

 Read Full article »
Endava has been selected as an official AWS Well-Architected partner

Further strengthening its partnership with Amazon Web Services, Endava reinforces its Cloud services expertise and capabilities becoming an AWS Well-Architected Partner, the company announced.

 Read Full article »
Smartree Romania has a new operational director

Smartree Romania, providing HR services on the Romanian market names Anamaria Borza as the new operational director of the company, effective July, 1 this year. The new manager of Smartree team occupied the pos

 Read Full article »
ABSL Romania: Sibiu, a continuously evolving market, with great potential

Sibiu is a market with huge potential and constantly expanding, is one of the conclusions from "Outsourcing in 2018. Best Practices in Technology Adoption" conference, which was dedicated to the local business

 Read Full article »
Accenture assigns 200 mln. US dollars to digital age-focused education, training and skills initiatives in the next 3 years

Supporting its vision to improve the way the world works and lives, Accenture (NYSE: ACN) is committing more than 200 million US dollars over the next three years to help equip people around the world with job

 Read Full article »
Oracle: Customer connection missing as manufacturers yet to produce rewards from industry 4.0

Research of global manufacturers developed by Oracle with research company Coleman Parkes shows initial Industry 4.0 focus has been on internal changes rather than removing supplier, distributor and customer si

 Read Full article »
Nine solutions for smart cities delivered at Code4Cluj hackathon of Endava

The Code4Cluj hackathon organized by Endava at Cluj-Napoca between 18-20th of May generated 9 innovative projects meant to solve the problems faced by the community and citizens of Cluj.

 Read Full article »
Zitec's digital marketing division registered an increase of over 40 per cent last year

Zitec, a major provider of business solutions, digital services and personalized technology products in Romania, announced it registered an increase of over 40 per cent in the digital marketing segment in 2017,

 Read Full article »
Fab Lab Iasi issues the Report on Coworking in Central and Eastern Europe

This report was conducted by the PIN Maps teams (Iasi's modern office map, an impact initiative for the IT & Outsourcing industry) and Fab Lab Iasi (a 700 sqm coworking space, opened in 2017).

 Read Full article »
 
 
MOST READ ARTICLES
» Committed to growth
» The Outsourcing industry announces its...
» ROMANIAN OUTSOURCING AWARDS FOR EXCELL...
» Zitec's digital marketing division reg...
» PwC: The competitive advantages of Rom...
» Luxoft expands Asia Pacific presence w...
» EXCLUSIVE: ABSL Timisoara - BPO and SS...
» Genpact's COO: Staying ahead of the cu...
» How giving back pays dividends for com...
» Olga Botusan, Stefanini: There is a hu...
 
EDITOR CHOICE
Andrei Romanescu CEO, VEEAM, on the importance of people skills and leadership forming

Within the recently ended OT Learning & Development roundtable edition, Andrei Romanescu CEO, VEEAM stated that he trends of the current and following years underline the importance of people skills and leaders

 Read Full article »
OT Learning & Development: About capitalizing on self-willingness to reach performance

How to succeed in reaching the young and the valuable employees and wining their hearts and minds, so they will forever be committed to gain knowledge, evolve in profession and build a strong career inside the

 Read Full article »
OT Learning & Development now, about digital transformation, facilitating a culture of change and innovation

Some trends are here to stay, while some other may not. How about gamification, chatbots, microlearning, data analytics, mobile learning, augmented reality and others? Today's edition of OT Learning & Developme

 Read Full article »
The need of the industry to stay effective and relevant

In the current context of machinery and AI helping on operational processes of a company, with extended applicability in terms of capabilities, the digital context in which professionals, organizations and busi

 Read Full article »
We meet again at OT Learning & Development on June 7th

The Second Edition of OT Learning & Development roundtable will be held on June 7, 2018 at InterContinental Hotel Bucharest. The event brings together the business services professionals to discuss and discover

 Read Full article »
Latest News  
 
about us | newsletter | contact | members area | GDPR policy
Copyright © 2015 by Diplomat Media Events Design by Diplomat Media Events