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Wireless

JT Group sells majority stake in IoT business to private equity investor

Thursday 24 June 2021 | 11:55 CET | News
JT Group has sold a majority stake in its Internet of Things (IoT) business to private equity investment company Perwyn. The IoT division provides device connectivity services to global customers, with around 10 million JT SIMs in use worldwide.

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Categories: Mobile & Wireless
Companies: JT Group
Countries: World
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