What is Telenor's goal for its IoT business?
Telenor aims to be among the top five IoT providers globally, excluding China, by consolidating its operations and focusing on innovation.
Technology / IoT
This article summarizes key developments in the Internet of Things (IoT) landscape as of November 2025. It covers Telenor's strategic consolidation of its IoT operations, Cyprus Post's innovative use of IoT for optimizing mail collection, a...
Telenor's consolidation involves transferring managed IoT operations from Nordic markets to Telenor Connexion. This is expected to be completed in January 2026, with no disruption to existing customer services. The global managed IoT market outside China is projected to reach around USD 30 billion by 2030.
Cyprus Post's OptiBox project utilizes LoRaWAN technology to determine if a letter box contains mail awaiting collection. This reduces unnecessary trips by postal workers, saving time, fuel, and reducing emissions. The project was developed in partnership with CyRIC.
Ambarella's stock price target remains stable, with analysts citing strong execution in IoT and Edge AI markets. The company's full-year 2026 revenue growth forecast has increased to 31%-35%. Analysts at Needham and Northland have raised their price targets for Ambarella, citing strong contributions from IoT in portable cameras and drones.
Telenor aims to be among the top five IoT providers globally, excluding China, by consolidating its operations and focusing on innovation.
OptiBox uses sensors and LoRaWAN technology to detect whether a letter box contains mail, optimizing collection routes and reducing emissions.
Ambarella's key growth drivers include strong demand in Edge AI and IoT markets, particularly in portable video, drones, and enterprise applications.
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