MTN Group, Telefonica confirm strategic partnership

South African headquartered MTN Group and Telefonica of Spain have jointly announced the signing of a strategic partnership agreement under the umbrella of the ‘Telefonica Partners Program’, to enable them to work together on the development of the Enterprise customer segment, including multinational corporations, machine-to-machine (M2M) and business-to-business (B2B) products and services, as well as knowledge sharing and innovation. The two telecoms giants are intent on optimising new opportunities in the digital services segment, and say the partnership aims to ‘improve both companies’ stand in regards to enterprise customers, including services to multinational companies in each other’s footprint, collaboration in M2M and new digital products and services targeting the B2B segment. Additionally, the groups will also cooperate in various strategic initiatives and exchange best practices to capture the new industry opportunities. Both companies will also enter in discussions on how to engage effectively in international wholesale, devices and network/IT procurement.’