Tata Communications buys 58.1% equity stake in embedded SIM provider Oasis

Tata Communications has now acquired a 58.1% equity stake in embedded SIM (eSIM) technology provider, Oasis Smart SIM Europe. 

Oasis Smart SIM provides both end to end customized services to enable the deployment of USIM technology connectivity and management.

Tri Pham, Chief Strategy Officer, Tata Communications, said, "Enterprises are increasingly relying on mobile devices to operate and access data in the cloud. This coupled with the rise in the number of M2M connections globally show that there is immense opportunity in the eSIM market. Oasis has the right mix of technology expertise, agility as well as exceptional talent. Through this investment, we will focus on the software layer of the Tata Communications MOVE™ portfolio and drive further innovation in eSIM technology through product roadmap R&D. With Tata Communications MOVE™, enterprise customers have access to a secure, complete end-to-end mobility platform. They gain independence, flexibility and greater control of their mobility requirements, as they look to leverage IoT and M2M solutions to transform their business."

Olivier Leroux, CEO of Oasis, said, "At Oasis, we’re very excited about growing our business with Tata Communications globally. In Tata Communications, we see the vision, capability and ambition to drive transformation and innovation in the mobility and IoT markets. We are looking forward to leveraging our joint capabilities to develop and co-create products and solutions to enable end-to-end embedded connectivity and to transform businesses through the latest mobile technologies."

Oasis will be integrated with the company’s IoT (Internet of Things) platform for Tata Communications MOVE businesses.

The combined entity will serve the mobility needs of the global enterprises and device manufacturers on a single-source platform.

eSIMs will facilitate the cellular connectivity for the IoT and machine-to-machine applications, offering an ability to connect with the multiple mobile network operators, ease of subscription management easier for end-users in a broader secure environment.

Embedding mobile network connectivity into different devices helps the OEMs leverage the potential of IoT.

Just a few days back, Tata Communications has also announced a partnership with Micron Technology to develop the world’s first cloud based eSIM.