Home > Communication > Acquisition Moves Telstra Into Driverless-Vehicles Industry

Acquisition Moves Telstra Into Driverless-Vehicles Industry

Acquisition Moves Telstra Into Driverless-Vehicles Industry

MELBOURNE – Also in acquisition mode is Telstra, which has acquired GPS telematics and fleet management services outfit MTData.

“The MTData acquisition provides Telstra with advanced technology and deep domain expertise in connected-vehicle solutions,” said Michelle Bendschneider, executive director at Telstra Enterprise.

“This is in line with our Internet of Things growth strategy and leverages from investment in the IoT footprint on our mobile network, which is the largest in Australia and one of the largest in the world.

“This strategic acquisition will enable us to capitalise on the business-ready IoT capability on our network, deliver IoT solutions to our customers in the heavy vehicle industry and supports a natural transition towards future autonomous vehicle technologies.”



You may also like
Does Telstra Love Losing When It Comes To Streaming? Now Developing A TV OS Despite Foxtel Share Ownership
Telstra Owned Fetch Has Developed Their Own TV OS
CEDIA Announces 2024 Schedule For Business Summits
Telstra Builds Microwave Link Across Bass Strait
Lynk Global
MWC: Telstra To Test Texting Via LEO Satellites