GOWEX spreads its free Wi-Fi service through a roaming agreement with Deutsche Telekom
Madrid, Bonn--January 15, 2013--GOWEX (GOW-MAB, ALGOW-NYSE Alternext), a market leader in "Wireless Smart Cities" and network creation in public transportation, announced a roaming agreement with Deutsche Telekom International Carrier Sales & Solutions (ICSS), the international wholesale arm of Deutsche Telekom today. This agreement will allow the expansion of GOMEX’s Wi‑Fi connection service to many different European countries, as well as the United States. Moreover, GOWEX will be able to provide its clients with an In‑flight Wi‑Fi service through Deutsche Telekom’s own premium In-flight service, available in important international flight companies.
Deutsche Telekom, one of the world’s leading integrated telecommunications companies, is represented in about 50 countries (Germany, Austria, Croatia, the Czech Republic, the Netherlands, the United States, etc.) and counts on its Wi‑Fi service with up to 29,000 hotspots located in airports, railway stations, hotels, or restaurants.
Deutsche Telekom ICSS will reinforce its international roaming service through GOWEX's "Wi‑Fi Cities," which is present in public areas, in means of public transportation, or on the streets of more than 60 cities all around the world (Madrid, Paris, Dublin, Dubai, Buenos Aires, etc.).
GOWEX's Wi-Fi Roaming Platform
GOWEX's Registered Wi-Fi Roaming Platform consolidates itself year after year, constituting one of the main means of recurrent income for the company and supporting the sustainability of the company's business model to a large extent. Revenue for the "network" services (access, roaming, offloading, interconnection) included in GOWEX's Wireless Division increased by 79% between 2010 and 2011 and represented 22.4 % of the global receipts in 2011 (€66.7 million).
About GOWEX (GOW-MAB, ALGOW-NYSE Alternext)
GOWEX (GOW-MAB, ALGOW-NYSE Euronext) has operated in the telecommunications sector for 13 years. It is currently leading the creation of "Wi-Fi Cities," which offers free and premium Wi-Fi connectivity on the street and in means of public transportation. The company is now exporting its innovative business models to many cities in Europe, South America, Asia, and emerging countries.
In 2010, it became the first and only Spanish SMB to make a "dual listing," publicly traded in MAB (GOW) and NYSE-Euronext (ALGOW). The company's total revenue amounted to €66.7 million in 2011. On July 2011 GOWEX subscribed a €7 million capital increase with 100% over-demand (doubling expectations).
With offices in Madrid, Burgos, Buenos Aires, London, San José (Costa Rica), Paris, and Shanghai, GOWEX develops a sustainable business model in its Wi-Fi networks, based on the efficient and technical quality of their patented platforms: the Roaming Platform, which allows users to connect freely in all the cities, and the Geolocalization Content and Advertisement Platform, which provides financing business through marketing and advertisement agreements.
In 2011, GOWEX joined the Wireless Broadband Alliance and received a prize for the “Best Web Company” on Internet Day.
In February 2012, Jenaro Garcia GOWEX CEO, received the “Entrepreneur of the Year Award” by Ernst & Young in the category of "Innovation”.
About Deutsche Telekom
Deutsche Telekom is one of the world’s leading integrated telecommunications companies with almost 130 million mobile customers, 33 million fixed-network lines and over 17 million broadband lines (as of June 30, 2012). The Group provides products and services for the fixed network, mobile communications, the Internet and IPTV for consumers, and ICT solutions for business customers and corporate customers. Deutsche Telekom is present in around 50 countries and has over 233,000 employees worldwide. The Group generated revenues of EUR 58.7 billion in the 2011 financial year – more than half of it outside Germany (as of December 31, 2011).
About Deutsche Telekom International Carrier Sales & Solutions (ICSS)
International Carrier Sales & Solutions (ICSS) is one of the world's leading carriers and an innovation driver for IP-based solutions. As an integral part of Deutsche Telekom’s International Businesses unit, ICSS serves the international wholesale requirements of the DT Group with its international affiliates and more than 700 external customers worldwide. One of the units’ core competencies is to focus on building business partnerships around the globe. With years of experience in the international wholesale communication market, ICSS has the expertise to provide clients with tailor-made solutions. The innovative technologies are offered on a global basis with a special emphasis on Europe.
The cutting-edge offerings of ICSS include the following business segments:
Internet & Content: Ensure best user experience by partnering with one of the premier European Internet and content players.
Mobile World: Mobilize your customers’ lives with innovative and profitable solutions from ICSS, a premium mobile enabler.
Carrier Enterprise Services: Securely connect your customer’s global sites with a major European multi-service provider.
Global Capacity: Manage your growing European and transatlantic backbone requirements with tailored, reliable and high-speed connectivity solutions.
Global Voice: Excellence and innovation with scale from the international market leader for retail voice termination.