Xplora extends European reach with Movistar

Oslo, 16 December 2021 – Xplora Technologies (‘Xplora’), the industry leader in the market for children’s smartwatches and platform services, continues to strengthen and create new partnerships with leading telecom operators around the world through a new distribution agreement for its X5P eSIM children’s smartwatch with Movistar in Spain.

Xplora today announced a supplier agreement with Telefónica and Movistar in Spain for the distribution of Xplora’s X5P eSIM smartwatches. Xplora's premium smartwatch is available for sale through the digital sales channels Movistar.es and TU.com from 16 December 2021. Telefónica is the leading telecom company in Spain and is the largest provider of landline, broadband, mobile services, and pay television with more than 20 million customers through its Movistar brand.

Xplora X5P eSIM has already been launched in Germany, Hungary, Austria, and Sweden, and will now be introduced in the Spanish market through the Movistar agreement. Xplora has been in Spain for 3 years, and has great experience in the European market, acquiring a market penetration of more than 5% in the Nordic countries and more than 2% in Germany in only four years. In Norway, 16% of children between 4 and 10 are using an Xplora smartwatch.

"It is a great achievement for us to be able to announce this agreement with the leading telecom operator in Spain. We are proud to be selected as a supplier to Movistar. Expanding our unique eSIM smartwatches for kids to yet another market with another leading telecom operator is another significant step to deliver on our telco strategy to join the world's leading telecommunication companies and safely onboard the next generation consumers to the digital world", says Sten Kirkbak, CEO of Xplora Technologies.

For further information please contact:
Sten Kirkbak, CEO +47 9220 3710, sten@myxplora.com
Mikael Clement, CFO +47 9900 8000 mikael@myxplora.com

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 in the world. The company is headquartered in Norway with operations in leading European markets. Xplora is listed on Euronext Growth under the ticker symbol XPLRA.

 

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