Manx Telecom rebrands Global Solutions

Manx Telecom has announced a re-brand of one of its divisions as it aims to grow it's share in the Internet Of Things (IoT) market.

The company has confirmed Global Solutions has relaunched as OV - which stands for Of Vannin, the ancient name of the Isle of Man - and will serve along with its established global Mobile Virtual Network Enabler (MVNE) and travel SIM business.

Chief Operating Officer at Manx Telecom and Chief Executive Officer of OV, Sutha Siva, says: "The IoT and connected smart devices offer consumers and businesses endless possibilities that can improve how we live and work. It is forecast there will be around 25 billion connected devices by 2025.

"Our mission at OV is to deliver the most appropriate connectivity solutions for customers’ IoT ecosystems so they can leverage the full potential of IoT and benefit from transformational productivity gains as a result."

OV already has partnerships with network providers worldwide, with over 5 million OV SIMs connecting IoT solutions - they can be used for smart devices including wearable ones such as those which help with health tracking, connected cars and smart traffic management.