Nasdaq GlobeNewswire

Telenor Group and Cisco Sign Strategic Agreement to Collaborate on IoT, Smart Cities, Security and Data Analytics

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  • Telenor  Group  and Cisco  to collaborate on developing a model for smart city exploration in Norway  to utilize IoT for public safety and customer connectivity
  • Companies  to develop a roadmap for advanced,  highly  secure services, enabling digital transformation to drive new revenue streams, increase operational excellence and enhance  highly  secure customer experiences

BARCELONA, Spain, Feb. 27, 2018 (GLOBE NEWSWIRE) -- Mobile World Congress - Telenor Group and Cisco today announced they have signed a Joint Purpose Agreement (JPA) to collaborate on enhancing end customer experiences with data analysis, IoT, Smart City, and security solutions. The joint effort aims to accelerate Telenor Group's continued transformation and digitization drive, and supports the joint pivotal role that both companies  play in enabling superior experiences for Telenor customers.

Under the terms of the JPA, Cisco will work closely with Telenor Group on its roadmap to accelerate digital transformation, drive new revenue streams, increase operational excellence and enable the most secure customer experiences.

"Digitization of societies requires new ways of working and new partnerships. We're excited about taking our collaboration with Cisco to the next level, setting up a joint lab environment to explore Smart City solutions with one of Norway's largest municipalities - exploring different approaches to connect our customers to what matters most in all stages of their daily lives," said Ruza Sabanovic, Chief Technology Officer, Telenor Group.

Telenor Group's leadership with smart city in Norway will leverage the company's existing city WiFi, WAN and mobile connectivity to explore a next-generation model that protects, connects and empowers societies. Telenor Group will utilize Cisco's data platform, Cisco Kinetic, to extract, compute, and move data from connected things to various applications - exploring potential business benefits.

"Cisco and Telenor Group are building a highly secure, IP-centric network foundation that will grow with them as they expand their business to explore new IoT services and Smart City applications," said Peter Karlstromer, senior vice president, Global Service Provider, Cisco. "By applying data analysis across selected app platform with Cisco's AppDynamics, Telenor Group will have an opportunity to explore real-time view of apps' performance to deliver better customer experiences."

About Telenor
Telenor Group connects its 178 million customers to what matters most. Connecting the world has been Telenor's domain for more than 160 years and we currently operate in 12 markets across Scandinavia, Central Eastern Europe and Asia. Our 30,000 employees are committed to responsible business conduct and driven by the ambition of empowering societies.

About Cisco 
Cisco (NASDAQ:CSCO) is the worldwide technology leader that has been making the Internet work since 1984. Our people, products, and partners help society securely connect and seize tomorrow's digital opportunity today. Discover more at thenetwork.cisco.com and follow us on Twitter at @Cisco.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company

Press contacts:
Hanne Knudsen, Director, Media Relations, Telenor Group Communications
Hanne.knudsen@telenor.com

Sara Cicero, Sr. PR Manager, Service Provider Business, Cisco
stutzes@cisco.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Cisco via Globenewswire

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