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Strategic Partnership Allows Mobile Operators to Drive New Revenue Streams

Enterprise Security Magazine Europe | Wednesday, August 05, 2020

The latest partnership ensures device financing solutions are easy to deploy and within reach of more customers globally while allowing mobile operators to protect their investment from fraud. 

FREMONT, CA: Trustonic trumpets its partnership with the world's pioneering smartphone manufacturer Samsung Electronics. This teaming up is expected to better serve their mutual partners and customers, and the multi-year deal will result in the integration of Trustonic's security platform with Samsung's device-embedded Knox security platform. This creates a single-cloud platform for mobile operators and distributors to protect their Samsung smartphones and tablets throughout the supply chain. Trustonic's platform also allows innovative financial services to be implemented by mobile operators to drive new revenue growth. Samsung and Trustonic have both agreed to join hands-on commercial and go-to-market activities across the globe.

Mobile operators are under rising pressures on revenue and margins while increasing investment in 5G rollouts and balancing a complex regulatory environment. Mobile devices are valuable, and there is a mounting requirement for subsidies and funding; the devices themselves are also a target for fraudulent activity. Critically, this strategic partnership leads to a premium solution that allows mobile operators to enhance financial performance by staying away from fraud across the device portfolio, while increasing revenues through device financing, safeguarding device subsidies and growing their subscriber base.

Trustonic's solution delivers a single cloud platform that supports multiple use cases from hardware-backed device lock,  protecting devices in the supply chain to device funding for mobile operators. The platform controls and manages the hands of the mobile operator. It is used by some of the world's pioneering mobile operators and manages over 70m devices and counting. Samsung Knox is a mix of a proven security foundation built into Samsung devices and a robust suite of solutions harnessing this platform. It is built into Samsung devices, protecting them from the moment one unpack and turn them on. It offers multi-layered hardware and software security features that are always enabled.

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