Altice, a France-based telecom and media group with a substantial global footprint, will integrate Sigfox's proprietary IoT network within its operations across its global network, including in the U.S. and Western Europe. The companies, along with Altice's subsidiary SFR, aim "to offer complementary connectivity solutions starting today that democratize the IoT in all sectors of the economy" including businesses and consumers.
Sigfox said last month it remains on track to cover the 10 largest U.S. cities with its 902 MHz network designed to provide low-cost, slow-speed wireless services to companies looking to leverage the IoT. Sigfox has already built out the network across multiple countries in Europe, where it counts roughly 7 million active, connected devices.
The company broadcasts its signal through unlicensed spectrum via briefcase-sized base stations, covering roughly 12 to 18 miles, to receivers that cost just a few dollars. Sigfox is initially targeting industrial businesses in the U.S.
Altice, meanwhile, continues its aggressive expansion into the U.S. market. The company said last week it expects to close on its $17.7 billion acquisition of Cablevision in the second quarter, and in December the FCC approved its $9.1 billion purchase of a controlling interest in the St. Louis-based cable operator Suddenlink Communications.
Sigfox is clearly hoping to leverage Altice's exploding presence in the U.S. and around the world to gain more of a foothold in an IoT market that is just beginning to get legs.
"Sigfox has always been convinced that the IoT requires a new type of connectivity solution, and that our offer would not compete with services offered by cellular operators," Sigfox CEO Ludovic Le Moan said in a prepared statement. "We are excited and proud to join Altice and its founder Patrick Drahi to share this vision, and especially to realize the ambition to make the IoT a major activity for the development of both companies."
- see this press release
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