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
Features, Social Media, Technology
11th June 2019

With social media giant Facebook looking to be saddled with more deceased user accounts than living by 2100, there is an increasing need to think about what happens to our digital assets after we pass on.

It’s a sunny Monday morning in Lagos. The city is gradually peeling off the pseudo-drowsiness of the weekend as I make my way through the impatient honking of horns of late morning traffic. Inside STEMCafe—the brainchild of Bosun Tijani, CEO, CcHUB—on the first floor of Enyo Service Station along the Lekki-Epe expressway, I leave the […]


TechCabal is a Big Cabal Media brand



Copyright © 2019
All rights reserved

Privacy & Terms