LABÈGE, France and JOHANNESBURG, South Africa, November 14, 2016 /PRNewswire/ --
Strategic partnership with national player in the telecom industry to cover the largest economy in Africa
The 26 th country to deploy Sigfox's network, supporting its global ambition to reach 60 countries by 2018.
Today, Sigfox, the world's leading provider of a global communication solution powering the Internet of Things (IoT), and its partner DFA announced the roll-out of the Sigfox network in South Africa - the largest economy and most industrialised nation on the African continent. SqwidNet (a wholly owned subsidiary of DFA), will deploy and operate Sigfox's network nationwide and distribute the IoT connectivity services and solutions to its partner channels. The deal is a strategic move to expand to a market that is still largely untapped, but presents tremendous opportunity, both for business and society. The South African IoT market, which is estimated to reach in excess of $2 billion by 2020, is set to revolutionise all sectors stimulating industry growth and economic development. DFA, finances, builds, installs, manages, and offers world class wholesale open access fibre infrastructure and managed connectivity services to the mobile operator, service provider and large enterprise segments in South Africa. As the exclusive partner of Sigfox, SqwidNet will address the need of a cost efficient nationwide IoT network in South Africa. The Sigfox network now spans across 26 countries and boasts a footprint in some of the largest economies in every continent. With 6 countries already covered nationwide, 20 others being rolled out and new countries being added to the list at a rapid pace, Sigfox is by far the world's largest IoT network. The company plans to have coverage in 60 countries by 2018.