Luxembourg – February 19, 2025 – OQ Technology, the world’s first and fastest-growing 5G NTN IoT LEO satellite operator, has signed a commercial agreement with O2 Telefónica, a leading German telecommunications provider. This partnership will enable 5G roaming for Narrowband IoT (NB-IoT) solutions worldwide, combining O2 Telefónica’s cellular connectivity with OQ Technology’s non-terrestrial network (NTN) services. For business customers across industries such as logistics, energy, agriculture and maritime, the ability to connect IoT devices seamlessly – even in remote or underserved areas – is a game changer. The hybrid solution ensures reliable data transmission beyond traditional network coverage, enabling real-time monitoring, predictive maintenance and improved operational efficiency. OQ is featured on O2 Telefónica’s IoT partner page and marketplace:

https://www.o2business.de/iot/referenzen-partner/iot-marktplatz/ https://www.o2business.de/iot/referenzen-partner/iot-marktplatz/partner-oq_tec/

Alfons Lösing

Alfons Lösing, Chief Partner & Wholesale Officer of O2 Telefónica, said:

“With our partnership with OQ Technology, we are redefining how businesses connect their IoT assets globally. Our hybrid solution ensures enterprises can seamlessly integrate satellite connectivity into their operations, reducing downtime, optimizing efficiency, and unlocking new revenue opportunities. This is a transformative step for industries that rely on real-time data and resilient connectivity.”

Omar Qaise, Founder and CEO of OQ Technology, stated:

"Satellite connectivity unlocks IoT applications across the world where terrestrial networks face limitations. This commercial partnership with O2 Telefónica will empower users with global 5G IoT roaming services, maximizing the potential of IoT connectivity across industries."

About OQ Technology:

OQ Technology is the world’s first and fastest-growing 5G NTN IoT LEO satellite operator. The company has pioneered NB-IoT connectivity via LEO satellites, building a global constellation that serves mobile operators and industries such as energy, mining, logistics, maritime, and agriculture. Its patented technology utilizes standardized 3GPP protocols to seamlessly integrate terrestrial and satellite networks, connecting billions of users worldwide. https://www.oqtec.com/

About O2 Telefónica:

O2 Telefónica is a leading full-service provider of telecommunications services for private and business customers. The portfolio of the core brand O2 and various secondary and partner brands includes traditional telephony and internet connections as well as innovative digital services in the area of the Internet of Things and data analysis. In mobile communications, O2 Telefónica serves more than 45 million mobile connections (incl. M2M - as at 30/09/2024). No network operator connects more people in this country. The company's high-performance and award-winning mobile network reaches more than 99% of the population. In the fixed network, O2 Telefónica offers its customers the greatest technological diversity and geographical availability of any provider in Germany. In the 2023 financial year, the company generated a turnover of 8.6 billion euros with around 7,500 employees. The company is majority-owned by the Spanish telecommunications group Telefónica S.A., based in Madrid, one of the largest telecommunications groups in the world.