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

Read this next
More From TC

Social media giant, Twitter is setting up its first African office and it will be in Ghana. The announcement was made through a tweet by Twitter CEO Jack Dorsey where he thanked the president of Ghana Nana Akufo-Addo. The tweet also included a link to a post on Twitter’s official blog written by Kayvon Beykpour, […]


TechCabal is a Big Cabal Media brand



Copyright © 2013 - 2021
All rights reserved

Privacy & Terms
X