Tuesday 15 February 2011

Communications giant O2 ventures into UK smart meter market


Communications giant O2, part of Telefónica Europe, has announced its first venture into the UK smart meter market with a multi-million pound contract with provider G4S Utility Services.

The three-year deal will see O2 provide its M2M technology, including around 150,000 SIM cards, to enable the connection of smart meters to G4S’ data centre.

G4S, which is one of the UK’s largest suppliers of smart metering and services, will use O2’s SMS gateway to transfer information securely to and fro between its smart meters and data centres.

The company has also signed a three-year contract with British Gas Business to provide smart gas and electricity smart metering services across the UK.

The UK has set a target of rolling out smart meters to all the country’s homes by 2020 – or sooner if possible.

“We believe there are real opportunities to use our network to accelerate the roll out of Smart meters by helping utilities companies and other suppliers to deploy and manage the devices in a quicker and more cost effective way,” says Ben Dowd of O2.

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