Netmore Group (publ) is preparing for continued expansion

January 17, 2020

Netmore Group (publ) is preparing for continued expansion

In 2019, through acquisitions, the Netmore Group added operations that, together with Netmore’s core business, has created a faster growing company for 3 x IoT; Internet of Things, Information of Things and Integration of Things. Netmore’s telcograde mobile solution and Core network have is the foundation for Netmore´s today 50 municipalities / urban networks  customers, several industrial companies for unique private mobile radio networks and by 2019 one of Europe’s major real estate companies.

Netmore Group is preparing for the growth of its core network and will value increasing its redundancy through either the expansion or acquisition of networks that are already in place. This is to meet requirements regarding 5G solutions in private networks as well as nodes in several countries where the Netmore Group operates through local subsidiaries with local partners.

”Netmore Group is now taking steps for the rapid expansion of a long-term redundant core network to meet the rapid roll-out of more customer projects in both private (real estate and industrial projects) and the public sector in several countries.” Says Erik Hallberg, CEO Netmore Group AB

For more information,

Erik Hallberg, erik.hallberg@netmoregroup.com

Netmore Group AB is an IoT operator that develops a comprehensive solution for cities, industries, properties and homes. Together with our partners we build a safe and sustainable ecosystem for Internet of Things, locally, nationally and global. Netmore Group was formed in 2010 and since 2017 listed on the Nasdaq First North Growth Market.

G&W Fondkommission is the Company’s Certified Adviser regarding the listing at Nasdaq First North Growth Market.

Tel: 08-503 000 50, e-mail: ca@gwkapital.se