Swedish LoRaWan operator Netmore is expanding its IoT business into the Asia Pacific to address growing demand for sensor-based utility and municipal infrastructure monitoring and energy management.

This expansion follows the company’s February 2024 acquisition of US-based LoRaWan operator Senet, adding to its operation of carrier grade networks throughout eleven European markets.

Netmore is approaching the Apac region with a proven channel focused strategy of delivering future-proof network connectivity through its platform-as-a-service (PaaS), designed from the ground up to support massive IoT rollouts. With in-depth experience across vertical domains, carrier-grade reliability, and an affordable and scalable pricing model, Netmore provides a cost effective and predictable structure for MNOs, OEMs and system integrators seeking to expand their offerings to monetise digital transformation initiatives. To drive down network costs while enhancing service delivery, Netmore is also partnering with tower companies and other infrastructure providers on joint business development activities in select markets.

With this expansion, Netmore has named Lim Perng as head of sales for Apac. Perng brings over 15 years of experience in the telecommunications industry and a track record of driving business growth and forging partnerships across the Asia Pacific region.

“Netmore is very well positioned to become a major disruptor in how IoT connectivity is delivered at a time when deployments are beginning to scale across the globe,” said Perng. “I’m thrilled to be joining the organisation as the company expands. I look forward to working with the Netmore team and our partners across the ecosystem to provide the connectivity that enables customers to achieve sustainable business success.”

Ove Anebygd, Netmore CEO, added: “The coming years are going to be extraordinary for the IoT market, and we are excited to have Lim joining us to contribute to our next stage of growth. Lim’s experience managing high-performing teams across multiple countries and his understanding of how to support operator and enterprise customers through their digital transformation journey will be a significant asset to our organisation.”

Netmore Group (www.netmoregroup.com) is an IoT network operator building a multinational network to advance sustainable business practices. With ten years in the industry, it has a track record operating borderless on the European market. Netmore Group’s main owner is the Nordic infrastructure investor Polar Structure.