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Telenor Connexion and Chinese CIMC MIoT Ltd. sign global agreement

Press Release   •  Dec 08, 2015 16:00 GMT

The two leading corporations will work closely together digitalizing CIMC’s high-quality logistics and tracking services.

CIMC MIoT Ltd, part of China International Marine Containers Group Ltd., the world leading supplier of logistics and energy equipment, has signed a global agreement with Telenor Connexion, a leading provider of connected business solutions.

Under the agreement, Telenor Connexion will provide CIMC with a world-class connected business solution, including global coverage and multi-operator set up optimizing network access for CIMC’s global connected portfolio.

The contract underlines both companies’ positions as leading providers in their respective fields. The two corporations will work closely together digitalizing and developing solutions throughout the CIMC group of companies to ensure that CIMC maintain their leading position.

 “Telenor Connexion is one of the most experienced global providers of connected business solutions and has extensive experience of global deployments for large corporations. We are very pleased to leverage their knowledge and expertise to digitalize our business”, said Dr. Zhou, CEO at CIMC MIoT Ltd. “Their involvement, in combination with our state-of-the-art solutions, will enable CIMC to provide our customers with high-quality logistics and tracking services from day one.”

“From the very beginning, we felt the same passion and strive within CIMC as within our company, hence it is a true privilege to work with this esteemed company. I am convinced we will jointly continue to develop industry leading solutions making sure CIMC remains ahead of competition”, said Mikael Lindholm, Head of Asia-Pacific, Telenor Connexion.

“We are very excited about this relationship and the future opportunities it presents. CIMC is the largest container manufacturing company in the world and we are proud to be associated with this brand and to have the opportunity to deliver our solution to this prominent company”, said Mats Lundquist, CEO of Telenor Connexion.

With over 40% market share in the international container business and 56% market share in the dry marine container market, CIMC has been the biggest container-manufacturing company in the world since 1996.

About CIMC

China International Marine Containers (Group) Ltd. (CIMC), the world leading supplier of logistics and energy equipment, headquartered in Shenzhen of China, is dedicated to supplying high-quality and reliable equipment and services, including containers, vehicles, energy, chemical and food equipment, offshore equipment, logistics service, airport facilities, etc.. The prosperity of the businesses is supported by both CIMC Finance Company Limited that provides professional capital management and by CIMC Financing Leasing Co., Ltd. that offers comprehensive financial solutions. As a diversified multinational operation group that shoulders the mission of global serving, CIMC has over 300 member enterprises and 3 listed companies in Asia, North America, Europe and Australia, and an extensive sales network that covers more than 100 countries and regions. In 2014, CIMC has witnessed inspiring sales proceeds of 70.071 billion yuan with net profit worth 2.478 billion yuan contributed by its 60,000 excellent staff.
CIMC is a joint venture established by China Merchants Group and East Asiatic Company in Shenzhen in January 1980 under the management of East Asiatic Company in the very initial phase. CIMC was listed in Shenzhen Stock Exchange in 1994 and listed in Hong Kong Stock Exchange in December 2012. Now the group is a public A+H share listed company whose main shareholders are COSCO, China Merchants Group, Hony Capital, etc. Stimulated by the deep-seated international genes since its establishment, supported by the outstanding governance structure and propelled by the endless pursuit of technological innovation and management efficiency, CIMC has rapidly grown into a prominent company that stands the leading place in many global industries. For more information, please visit http://www.cimc.com/en/

About Telenor Connexion

Telenor Connexion designs and operates connected business solutions. Building on more than 15 years of experience, a strong solutions portfolio and a collaborative approach, Telenor Connexion makes it easy to realize the value of connected services. Together with customers such as Volvo, Nissan, Scania, Hitachi, Verisure Securitas Direct and Telcare, the company has designed smart and innovative connected solutions deployed across the globe.
Telenor Connexion supports its customers throughout their entire product lifecycle - from solution design to operations and future development. By partnering with Telenor Connexion customers are ensured a reliable and secure end-to-end solution that can evolve over time.
Headquarters and tech centre are located in Sweden and the company has regional offices in UK, Germany, US and Japan. Telenor Connexion is wholly owned by Telenor Group, one of the world’s major mobile operators. For more information please visit www.telenorconnexion.com

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