SoftBank has secured an equity stake in the company and signed an exclusive distribution deal covering the Asia-Pacific (APAC) region. SoftBank, a leading Japanese communication and information technology service provider, will sell 1NCE IoT services exclusively in 19 APAC markets.
1NCE will open sales offices and technical operations in Singapore and Tokyo to expand its service capability to Australia, Bangladesh, Cambodia, China, India, Indonesia, Japan, Malaysia, Myanmar, Nepal, New Zealand, Pakistan, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, and Vietnam.
Daichi Nozaki, VP, Head of Global Business Division, Enterprise Business Unit at SoftBank
1NCE is the only company that can deliver true cross-border, future-proof IoT connectivity without uncertainty – a perfect extension of SoftBank Corp.'s existing IoT portfolio. We've closely followed 1NCE's strong U.S. launch earlier this year and expect the same explosive growth in the underserved APAC region.
