iron-72129_640

Four telecom companies: Singtel, Orange, Deutsche Telekom and Telefonica have partnered to connect the startup ecosystem in Africa, Asia, Europe, Latin America and the Middle East.

The aim is to accelerate the development of eligible startups and launch them beyond their respective home markets. The startups, on the other hand, will have the benefit of tapping into the resources and network of the telecom companies in the continents mentioned above.

A news release by Orange states that objectives of the partnership will be executed through their startup innovation arms: Singtel Innov8, Orange Fab, hub:raum and Telefonica Open Future.

“With the partnership between Deutsche Telekom, Orange, Singtel and Telefónica, “said Mr Min-Kin Mak, VP, hub:raum, Deutsche Telekom, “we see a huge opportunity to develop the bridges between the ecosystems in Asia, Africa, Europe and Latin America and to provide startups with critical market access, funding and expertise to become more successful with their international expansion.”

However, benefits of the partnership are available only to startups that are supported by hub:raum, Orange Fab, Telefonica Open Future, Singtel Innov8 and a network of startup support and funding initiatives across Southeast Asia, Innov8 Sparks.

Image: PublicDomainPictures

More From TC
No Electricity For Emergency Laparotomy; Solar Energy Is Helping A Nigerian Hospital Save Lives
people, startups
September 21, 2018

Nigerian businesses including hospitals critically need power to survive and for some, to save lives. Renewable energy (especially off-grid) presents a strong proposition to address the power challenges.

Postpartum Haemorrhage: Africa Urgently Needs To Invest More In Healthcare Logistics
Funding, people, startups
September 21, 2018

The top 20 countries in the world with the highest maternal mortality rates are in Africa making PPH as a factor in maternal mortality is a very serious problem that requires urgent attention.

Opinion: Why Nigeria’s Tech Ecosystem Shouldn’t Be Built Exclusively With Foreign Capital
Funding, people, startups
September 21, 2018

El Dorado will be a tech ecosystem built by international and local investors in a sustainable manner creating win-win scenario for all parties alike.

HydroPower Dominates Africa’s Renewables But Over 80% Of Its Potential Remains Untapped
people, startups
September 20, 2018

Africa has a potential to have installed energy capacity of about 350,000 MW (350 GW) from hydropower alone but only about 10 – 20% has been installed.


TechCabal is a Big Cabal Media brand



Copyright © 2018
All rights reserved

Privacy & Terms