Deutsche Telekom, T-Mobile and Telit Communications have signed an agreement to work together on mobile machine-to-machine (M2M) communications. The partners in the venture will be working closely together on sales and marketing in their target markets and plan to jointly develop M2M products and services in the future.
The intention of the venture is to develop each of the partners' positions in the growing market for M2M solutions internationally. The agreement covers product development--including the simplification and standardisation of products as well as sales and marketing. In particular, the companies plan to identify relevant target markets in the telematics, fleet management, navigation, smart metering (remote metering), vending machine and security segments.
T-Mobile and Telit will be looking to work closely together in developing and marketing M2M solutions.
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