Netmore’s network company European Connectivity Networks (ECN), co-owned with the infrastructure company Polar Structure, has announced a joint venture with the founders of Lorin, a local LoRaWAN operator, to penetrate the Portuguese LoRaWAN market. This move strengthens Netmore Group’s position as a provider in the European IoT connectivity landscape, offering reliable and cost-effective solutions for utilities, energy monitoring, and tracking applications.
Netmore Group will drive IoT solutions and digital transformation in Portugal’s utility sector
Through collaborations with important players in the market, Netmore will expedite the deployment of IoT solutions across Portugal, addressing the low digitalisation rates of water and gas utilities in the country, which currently stand at less than 15%. This presents an opportunity for Netmore Group to contribute to the digital transformation of the utility sector in Portugal. 1.5 million gas metres are expected to be digitalised in the coming years, presenting further opportunities for Netmore Group’s IoT connectivity solutions.
Ove Anebygd, CEO of Netmore Group, says “We are thrilled to bring our LoRaWAN expertise to Portugal through this new joint venture. This strategic move enables us to extend our network coverage and offer innovative IoT connectivity solutions to customers across the country. By combining our strengths with our new local partners, and leveraging their established relationships and infrastructure, we can drive the digital transformation in the utility sector and provide reliable IoT connectivity for smart metering, energy monitoring, and tracking applications.”
Talis Talor, partner in the newly established joint-venture and managing director for Netmore Portugal, comments “Joining forces with Netmore Group marks an exciting chapter for us. Our extensive network and strategic relations with companies and organisations that facilitate effective LoRaWAN gateway placement will greatly support Netmore Group’s expansion in Portugal. Together, we can deliver a cost-efficient network that addresses the low digitalisation rates of water and gas utilities, ultimately enabling a more connected and efficient future.”
Netmore Group’s entry into Portugal strengthens its position as a LoRaWAN operator in Europe. With an expanded network footprint and enhanced capabilities, the company can drive the digitalisation of utilities and contribute to the smart water metre rollout and the digitalisation of gas metres in Portugal. This move reinforces Netmore Group’s commitment to delivering reliable, secure, and cost-effective IoT connectivity solutions to support the growing demand for smart applications in the region.
Netmore Group now offers LoRaWAN in Sweden, UK, Spain, France, Sweden, Denmark, Netherlands, Ireland, Poland, Austria and Portugal. In addition, there are roaming agreements that provide coverage in Finland and Switzerland.
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