OSLO, NORWAY: Xplora Technologies AS has signed a partner wholesale settlement with IQ Mobile Ltd, establishing Xplora as a mobile service supplier within the UK market from late Q2 2022.
The settlement will allow Xplora to bundle smartwatches with Xplora-branded SIM playing cards and offer Xplora Connect services within the UK market, delivering on the technique of moving from device-centric to solution- and repair oriented and driving new, worthwhile income streams.
Xplora will leverage on this settlement to additional penetrate the UK market by targeting new retail distribution channels and offer bundled choices with preinstalled SIMs and connectivity services in large on-line marketplaces.
Xplora is working as a mobile service supplier in Norway, Sweden, Finland and Denmark, and has reached a market penetration of greater than 5% within the Nordic markets mixed and 17% in Norway. The Company has introduced a goal of extending service supplier operations to 1-3 new markets in 2022. The UK marks Xplora’s first new market with mobile service supplier operations outside the Nordics.
“This settlement is a milestone in extending our extremely worthwhile and worthwhile Nordic mobile service supplier mannequin and value-added services to new markets” says Sten Kirkbak, CEO and Founder of Xplora.
“Offering bundled connectivity and value-added services are key elements of our growth strategy, driving growth, scalability, working leverage and profitability in our enterprise model.”
“IQ Mobile is excited to support Xplora of their launch of mobile services into the UK market, providing a tailor-made mobile plan for the Xplora vary of smartwatches” says Peter Gradwell, CEO of IQ Mobile Ltd.
“The UK market represents a main market alternative for Xplora, with near 6m children within the Company’s goal age group. Xplora has been current within the UK marketplace for three years and recently introduced the UK telecom operator EE as a partner and distributor of Xplora devices. Other retailers providing our industry main devices within the UK market include Currys, John Lewis, JD Williams, Studio, Comet and Maplin” says Kjetil Fennefoss, SVP Device & Connectivity at Xplora.
Xplora is a platform and services firm and an industry chief within the marketplace for children’s smartwatches. Xplora was based to give children a secure onboarding to the digital life and a greater balance between screen time and bodily activity.
IQ Mobile is a UK Mobile Virtual Network focused on making it easy for companies like Xplora who search a rapid and affordable entry into the UK mobile market. We current a full toolkit of portals, APIs and systems which permit manufacturers to launch an built-in and customised proposition with out the barriers typically related to an MVNO.
IQ Mobile is lead by Peter Gradwell, a quantity one UK telecoms entrepreneur and was launched in 2020. His first business, Gradwell Communications, was an early market entrant within the Internet/Cloud Telephony space for a big variety of UK small companies and IQ’s mission is to current similar disruption within the mobile market.
IQ Mobile operates on the UK’s best network, providing a full suite of services together with 5G and calling integration with Cloud PBX providers.