Italian M2M modules manufacturer Telit, Deutsche Telekom and T-Mobile will be pooling their expertise to promote M2M applications in the German and international markets based on the terms of a memorandum of understanding just signed by the three companies.
They aim to develop each of the partners’ positions in the growing market for M2M solutions, internationally.
The agreement covers the areas of product development – including the simplification and standardisation of products – sales and marketing.
The companies plan to identify relevant target markets in the telematics, fleet management, navigation, smart metering (remote metering), vending machine and security segments.
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