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Telenor’s wholly owned subsidiary, Telenor Connexion, is a dedicated and specialised IoT unit, operating globally.

Building on more than 20 years of experience, Telenor Connexion provides Managed IoT Connectivity and Cloud Services to enterprises with large fleets of devices, as well as to other service providers, including Telenor’s own national operators. The company manages more than 10 million connections with things located in more than 190 countries, and is a world leader in international IoT connectivity.

By providing access to 500+ networks across the world, Telenor Connexion helps international enterprises such as Volvo, Scania, Hitachi, Verisure Securitas Direct, Grundfos and Husqvarna to operate large-scale IoT solutions. With dedicated support from connectivity experts, one standardised, global SIM and one point of contact, customers can avoid the complexity of buying IoT connectivity from a different network operator in each market. 

Key facts 

  • Telenor ranks among the top three IoT operators in Europe and among the top 10 IoT operators in the world (2019) 

  • More than 10 million installed IoT SIM cards (2018) 

  • Total revenues of SEK 775 million (2019) 

  • Profitable since 2011 

  • Headquarters in Stockholm, Sweden, and regional sales representation in the UK, US, Germany, Italy, South Africa, Singapore, South Korea, China, Malaysia and Japan 

  • CEO: Mats Lundquist. 

Historical Background 

Telenor pioneered M2M communications with things connected over the GSM network as early as the 1990s. In 2008, Telenor Connexion became a separate corporate entity specialising in IoT, with capabilities to support the most advanced M2M and IoT customers worldwide.