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Industry-leading US infrastructure provider partners with MiX Telematics

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MiX Telematics (NYSE: MIXT) has announced a partnership with a rapidly growing North American telecommunications provider, resulting in approximately 2,000 new subscribers. The partnership highlights MiX's innovative fleet management solutions, contributing to efficiency and decarbonization. The selected telecommunications company is known for infrastructure and renewable energy projects, including disaster relief services. MiX Telematics serves 766,000 global subscribers across 120 countries, offering comprehensive fleet solutions that enhance safety, compliance, and operational efficiency.

Positive
  • Acquisition of approximately 2,000 new subscribers from a major North American telecommunications company.
  • Partnership enhances MiX Telemetrics' presence in the infrastructure services and renewable energy sectors.
  • Strengthens the company's offering of end-to-end connected fleet management solutions.
Negative
  • None.

BOCA RATON, Fla., Nov. 11, 2021 /PRNewswire/ -- MiX Telematics (JSE: MIX, NYSE: MIXT) a leading global SaaS provider of connected fleet management solutions, is pleased to announce a partnership with one of North America's fastest growing telecommunications companies, totaling circa 2,000 new subscribers.

The company is a turnkey provider of infrastructure services and renewable energy project solutions to North American telecommunications and power industries. Their services also extend to disaster relief in areas struck by hurricanes with the provision of remote satellite trailers for onsite communication.

MiX Telematics provides a world-class connected fleet solution for the company with an end-to- end proposition that assists with decarbonization, the reduction of risk by improving safety and efficiency through connecting and protecting assets, vehicles and operators.

"MiX Telematics is proud to be working with this prestigious customer in the infrastructure services and renewable energy solutions sector. Our ability to deliver large-scale, mission critical solutions for industry leaders continues to drive our growth," remarks John Nichols, EVP Sales – MiX Telematics North America.

About MiX Telematics

MiX Telematics is a leading global provider of connected fleet and mobile asset management solutions, delivered as SaaS, to 766,000 global subscribers in more than 120 countries. In the U.S., MiX Telematics offers a broad range of solutions; from self- service telematics software that runs on any mobile device to enterprise solutions that are ELD compliant and include dedicated account managers who proactively monitor to ensure that customers achieve optimal value for their investment. The company provides solutions for efficiency, safety, compliance and security to fleets of all sizes. MiX Telematics was founded in 1996 and has offices in the United States, South Africa, the United Kingdom, Uganda, Brazil, Mexico, Australia and the United Arab Emirates as well as a network of more than 130 fleet partners worldwide. MiX Telematics shares are publicly traded on the New York Stock Exchange (NYSE: MIXT) and the Johannesburg Stock Exchange (JSE: MIX). For more information, visit www.mixtelematics.com.

For further information contact:

Melanie Esterhuizen
melanie.esterhuizen@mixtelematics.com
Brand & Communications Manager – MiX Telematics

Cision View original content:https://www.prnewswire.com/news-releases/industry-leading-us-infrastructure-provider-partners-with-mix-telematics-301422417.html

SOURCE MiX Telematics

FAQ

What is the significance of the new partnership announced by MiX Telematics?

The partnership leads to approximately 2,000 new subscribers, enhancing MiX Telematics' market presence in North America.

How many global subscribers does MiX Telematics currently serve?

MiX Telematics serves 766,000 subscribers across more than 120 countries.

What services does MiX Telematics provide?

MiX Telematics offers connected fleet and mobile asset management solutions, focusing on efficiency, safety, and compliance.

What is the stock symbol for MiX Telematics?

MiX Telematics is traded under the stock symbol 'MIXT' on the New York Stock Exchange.

MiX Telematics Limited

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