0
Wireless

Sigfox plans IPO in 2018

Monday 5 December 2016 | 08:56 CET | News
The IoT network developer Sigfox plans to list on the stock market in 2018, the Financial Times reports. In an interview with the paper, CEO Ludovic Le Moan said the company "made EUR 12 million last year, over EUR 30 million this year and our goal is to cross EUR 100 million in 2018 and go public". The company's recent fundraising round of EUR 150 million is expected to be the last before the IPO, he added. Sigfox's infrastructure is available in 26 countries, with plans to expand to 60 in the next 18 months. It earns money by charging network operators a fee for use of its hardware as well

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Mobile & Wireless
Companies: Sigfox
Countries: World
::: add a comment
This article is part of dossier

IoT


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Sigfox extends contract with geodata provider LuxCarta

Published 17 Feb 2017 11:47 CET | World
IoT network operator Sigfox has renewed its partnership with LuxCarta, a company which specialises in the delivery of geodata for ...

Sigfox, WND and Velocom sign Argentina IoT deal

Published 16 Dec 2016 11:02 CET | Argentina
French IoT network operator Sigfox and Latin American partner WND have announced an agreement with Velocom, a subsidiary of the ...

Sigfox wil in 2018 naar de beurs en groeien in 60 landen

Published 05 Dec 2016 09:24 CET | World
IoT-bedrijf Sigfox wil in 2018 naar de beurs, meldt de Financial Times. In een interview vertelt CEO Ludovic Le Moan dat het ...

Sigfox deploys network in Estonia

Published 02 Dec 2016 14:26 CET | Estonia
IoT connectivity provider Sigfox, in cooperation with Connected Finland, has announced the roll-out of its network in Estonia. ...

Sigfox raises EUR 150 mln to expand LPWA networks

Published 18 Nov 2016 12:20 CET | World
Sigfox, the French company behind the roll out of LPWA networks for the IoT, has raised another EUR 150 million to support its ...





Calendar   /   Industry Events

19 Oct Arm DevSummit
21 Oct Intel Q3
21 Oct Snap Q3
21 Oct Telenor Q3 2021
21 Oct Orange Belgium Q3 2021
21 Oct AT&T Q3 2021
21 Oct Telia Q3 results
21 Oct Digi Q3 2021
21 Oct Grameenphone Q3 2021
22 Oct Doro Q3 results
25 Oct Facebook Q3
25 Oct Dtac Q3 2021
25 Oct Calix Q3 2021
26 Oct Siminn Q3 2021
26 Oct F5 Networks fiscal Q4
26 Oct MediaTek Q3
26 Oct Microsoft fiscal Q1
26 Oct SK hynix Q3
26 Oct Orange group Q3 2021
26 Oct Twitter Q3 2021
26 Oct TIM Brasil Q3 2021
26 Oct Alphabet Q3 2021
26 Oct Digital Realty Q3
26 Oct Juniper Networks Q3 2021
26 Oct Corning Q3
26 Oct NENT Q3 2021
26 Oct Samsung Developer Conference
26 Oct Cabsat
26 Oct MWC Los Angeles
26 Oct FCC meeting
::: More Calendar Items