- This network, which will be operated by Lorin, will be gradually deployed on the Cellnex sites network throughout the country.
- IoT networks are essential to enhance connectivity solutions and services of smart cities, to providing efficient solutions to improve the quality of life of citizens and for the digital transformation of several industries.
- IoT services allow the development, as an illustration, of countrywide solutions for monitoring the location of objects, smart metering of various types of consumption, smart agriculture solutions.
Lisbon, February 1, 2022 - Cellnex, the main independent operator of telecommunications infrastructure in Portugal, and Lorin Networks reached an agreement to deploy an IoT (Internet of Things) network based on LoRaWAN technology. The network will be deployed in Cellnex infrastructures in Portugal and will be operated by Lorin which will market IoT solutions in the Portuguese market.
IoT networks allow for the installation of a range of oriented solutions not only to improve connectivity in essential sectors of activity, such as agriculture or transport and industry, but also to the acceleration and development of smart cities, for example, through intelligent sensor services capable of monitoring various kinds of consumption in real time.
The agreement was formalized at Cellnex's headquarters, in Lisbon, by the Managing Director of Cellnex Portugal, Nuno Carvalhosa, and the CEO of Lorin, Talis Tal-Or.
The Managing Director of Cellnex Portugal, Nuno Carvalhosa, said that this agreement "demonstrates the importance that Cellnex's infrastructures have in supporting the development of new IoT solutions, which allow different operators, in this case, Lorin Networks, to make available their solutions and services geared towards improving the quality of life of citizens, improving the functioning of urban centers and the digital transformation of different sectors of the economy."
LoRin CEO Talis Tal-Or stated, "This strategic partnership between our companies was a very important step in achieving our mission, to improve lives through technology. IoT systems are the future and can help everyone from entrepreneurs, farmers or even municipalities, harnessing the power of technology to solve many challenges of today. We are proud to be able to do this with Cellnex."
About Cellnex Telecom
The efficient deployment of next-generation connectivity is essential to drive technological innovation and accelerate inclusive economic growth. Cellnex Telecom is the independent wireless telecommunications and broadcasting infrastructures operator that enables operators to access Europe's most extensive network of advanced telecommunications infrastructures on a shared-use basis, helping to reduce access barriers for new operators and to improve services in the most remote areas.
Cellnex manages a portfolio of more than 130,000 sites - including forecast roll-outs up to 2030 - in Spain, Italy, the Netherlands, France, Switzerland, the United Kingdom, Ireland, Portugal, Austria, Denmark, Sweden and Poland. Cellnex's business is structured in four major areas: telecommunication infrastructures services; audiovisual broadcasting networks; security and emergency service networks and solutions for smart urban infrastructure and services management (Smart cities and the Internet of Things (IoT)).
The company is listed on the continuous market of the Spanish stock exchange and is part of the selective IBEX 35 and EuroStoxx 100 indices. It is also present in the main sustainability indices, such as CDP (Carbon Disclosure Project), Sustainalytics, FTSE4Good, MSCI and Standard Ethics. Cellnex's reference shareholders include Edizione, GIC, TCI, Blackrock, Canada Pension Plan, CriteriaCaixa, Wellington Management Group, Capital Group, Fidelity and Norges Bank.
Cellnex Telecom SA published this content on 03 February 2022 and is solely responsible for the information contained therein. Distributed by, unedited and unaltered, on 03 February 2022 15:00:08 UTC.