Xplora is growing the eSIM smartwatch category outside Germany with Telekom
- Xplora Technologies AS launches X5 Play jointly with Magyar Telekom, a Deutsche Telekom subsidiary
- Xplora recently announced YTD sales of 200,000 smartwatches for kids and has strong growth ambitions into the next years
Oslo, December 9, 2020. In Q3 2020 Xplora Technologies («Xplora») launched the world's first eSIM smartwatch for kids, X5 Play, jointly with Deutsche Telekom. As a result of the success in Germany, Xplora now introduces the X5 Play eSIM smartwatch to Magyar Telekom of Hungary, a Deutsche Telekom subsidiary.Following the Q3 launch Xplora is now present with Deutsche Telekom companies in Germany (Deutsche Telekom), Hungary (Magyar Telekom), Croatia (Hrvatski Telekom) and Austria (Magenta Telekom).
"The introduction of our eSIM smartwatch in the Hungarian market is another great milestone for Xplora. We have a strong ambition for further growth in Europe together with Deutsche Telekom, whose European presence represents a market potential of 13 million kids aging between 4 and 11 years", says Sten Kirkbak, CEO of Xplora Technologies.
The Xplora X5 Play with eSIM is now available in Magyar Telekom ́s online store and 143 physical stores all over Hungary. Norbert Kreisz, Device Management Center of Expertise Lead of Magyar Telekom said of the recent launch of Xplora X5 Play, "We are glad to launch a new digital solution for families which helps them keep those who are the most important to them secure. By using kids smart watches children are no longer limited to exploring the world and sharing their experiences.”
The Q3 2020 launch of Xplora eSIM smartwatches in Germany has already proven highly successful. H2 2020 deliveries of more than 60,000 X5 Play eSIM in Germany by far exceed the initial expectations, driving total sales of 200,000 smartwatches year-to-date, as recently announced by Xplora. Xplora has strong growth ambitions for the next years; driving smartwatch sales for kids and introducing new value-added service recurring revenue streams.
For further information please contact:
Sten Kirkbak, CEO +47 9220 3710
Mikael Clement, CFO +47 9900 8000
About Xplora Technologies AS:
Xplora is a platform and services company and an industry leader in the market for children’s smartwatches. Xplora was founded to give children a safe onboarding to the digital life and a better balance between screen time and physical activity. Xplora’s vision is to enable children around the world to experience how their everyday activities can create value and make a positive change to the world. The company is headquartered in Norway with operations in leading European markets.