Vodafone Business and América Móvil say the partnership will make it easier for customers to connect devices globally.
Under the agreement, Vodafone Business customers will be able to connect IoT devices across Latin America and América Móvil IoT clients will have access to Vodafone’s global network.
The plan is that the combination of the two companies’ capabilities will help customers increase the pace of digitalisation by simplifying access to the global opportunities.
Customers will also be able to rely on the local knowledge and expertise of each partner to comply with local regulations, the two state.
“We are proud to be partnering with América Móvil,” said Vinod Kumar, CEO, Vodafone Business. “With this agreement we further extend our IoT global footprint by partnering with one of Latin America’s strongest players.
“América Móvil´s coverage and expertise across Latin America will help us support our global customers in a part of the world where we have seen a surge in IoT adoption.”
IoT more widely adopted
According to the Vodafone Business IoT Barometer the number of companies using IoT globally has grown to over a third (34%) and 95% of adopters worldwide have seen measurable benefits from their IoT projects.
A recent IDC study forecasts that the Latin America region will see the fastest IoT spending growth.