Telstra partners with Intellihub to provide IoT SIMs in new AU$100 million deal
Telstra has announced its AU$100 million deal to implement IoT SIMs into Intellihub’s smart meters. In a blog post, Telstra Enterprise Group Executive, David Burns claimed that this is the biggest deal regarding IoT devices. This partnership will aid Intellihub and its consumers to more efficiently control energy demand as well as provide real-time insight of the energy network.
Intellihub is an Australian and New Zealand based organisation that offers utility services such as data solutions, metering and energy services. The company was established 4 years ago and has since provided over 1 million meters with 1 thousand new meters installed each day. Each new device will include Telstra's IoT SIMs, ensuring Intellihub's price stability over the next decade.
Furthermore, Telstra's LPWAN network is connected across 1.2 million meters, and 50 thousand new devices are added to the network each month. Telstra argues that its Cellular LPWANs are scalable, economical and better than the competition.