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Regulatoriskt pressmeddelande

Netmore Group AB (publ) establishes Joint Venture company in Germany

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The established JV company is formulated in collaboration with a recognized local entrepreneur, Jürgen Pfitzner, experienced in nation-wide broadband network rollout and development. With his knowledge, leadership and local network, we have found a good match to quickly establish ourselves with Netmore solutions for industries, property owners, and local governments in Germany.

"We see many opportunities from the recent German telecommunications decisions to start issuing local 5G licenses. Combining local market understanding and Netmore Group's technical capabilities for different access networks such as WiFi, LoRaWAN, 3G / 4G with our core network, we position ourselves well to address the growing demand." says Arti Ots, Head of Strategy and European Launch at Netmore Group

"Germany, the biggest market in Europe, is a challenge and at the same time an opportunity for me and for us. Together with the technical experience of my Swedish partners and our very good historical relationship in building successful Telco Companies, we will be in a short time a significant part in Germany. I am proud to be a part of this story!" says Jürgen Pfitzner, CEO at Netmore GmbH

For more information:

Arti Ots, arti.ots@netmoregroup.com

Jürgen Pfitzner, juergen.pfitzner@netmoregroup.com

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