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UCLOUDLINK's Business Development in Japan

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UCLOUDLINK GROUP is expanding its business in Japan through strategic partnerships, particularly with SoftBank Corp., enhancing its mobile terminal offerings since April 2018. This collaboration aims to improve network stability, speed, and reliability, significantly benefiting users. UCLOUDLINK leverages its technical strengths alongside SoftBank's established local presence to penetrate the market effectively. Looking forward, UCLOUDLINK plans to establish a global ecosystem with more partnerships, continuing to innovate within the telecommunications industry.

Positive
  • Strategic partnership with SoftBank Corp. enhances UCLOUDLINK's presence in Japan.
  • Improved network stability, speed, and reliability through collaboration.
  • Leveraging local partnerships to effectively penetrate new markets.
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  • None.

HONG KONG, Dec. 14, 2020 /PRNewswire/ -- UCLOUDLINK GROUP Inc. ("UCLOUDLINK") (NASDAQ: UCL) has been working on many strategic alliances, to develop its local business in Japan. One good example is the strategic partnership with SoftBank Corp., one of the leading mobile network operators (MNOs) in Japan. SoftBank has been providing UCLOUDLINK developed mobile terminal devices from April, 2018, allowing its customers a more stable, reliable and speedy network experience and to enjoy superior connection of domestic and overseas data connectivity services.

These strategic partnership has been an important development of UCLOUDLINK's local business in Japan, which accelerates the business development in the Japanese market. Through alliances such as this, UCLOUDLINK is able to leverage on its own technical strength in providing intelligence network detection and connection, and its partners' local user base, operation knowledge and established brand name in their regions, to penetrate into different markets and regions more effectively, accelerating the adoption of its products and services on a global scale. UCLOUDLINK has been striving to improve network speed, the connectivity reliability and network capacity for its MNO, MVNO and business partners, and help them achieve better user experience and services in various countries and regions. Through years of efforts, UCLOUDLINK has established extensive partnerships with mobile service operators in the world. Looking ahead, UCLOUDLINK will collaborate with more partners to establish the ecosystem globally, through its PaaS and SaaS platform, in developing tailor-made solutions as well as joint marketing and promotional activities, as it makes advancement to the company's vision of "connecting and sharing without limitations".

About UCLOUDLINK GROUP INC.

UCLOUDLINK is the world's first and leading mobile data traffic sharing marketplace, pioneering the sharing economy business model for the telecommunications industry. The Company's products and services deliver unique value propositions to mobile data users, handset and smart-hardware companies, mobile virtual network operators (MVNOs) and mobile network operators (MNOs). Leveraging its innovative cloud SIM technology and architecture, the Company has redefined the mobile data connectivity experience by allowing users to gain access to mobile data traffic allowance shared by network operators on its marketplace, while providing reliable connectivity, high speeds and competitive pricing.

 

Cision View original content:http://www.prnewswire.com/news-releases/ucloudlinks-business-development-in-japan-301191939.html

SOURCE UCLOUDLINK GROUP INC.

FAQ

What is the significance of UCLOUDLINK's partnership with SoftBank?

The partnership enhances UCLOUDLINK's presence in Japan by improving network services and leveraging SoftBank's established local user base.

When did UCLOUDLINK start collaborating with SoftBank?

UCLOUDLINK began its partnership with SoftBank Corp. in April 2018.

How does UCLOUDLINK improve network services for its partners?

UCLOUDLINK enhances network services through its technical strengths, improving speed, reliability, and overall user experience.

What are UCLOUDLINK's plans for future business development?

UCLOUDLINK aims to establish global partnerships and develop tailor-made solutions through its PaaS and SaaS platform.

What markets is UCLOUDLINK focusing on for expansion?

UCLOUDLINK is primarily focusing on expanding its business in Japan and intends to penetrate various international markets.

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