Internet of Things Commercial New Model Launches World's First NB-IoT Business Package

[New concept of China Instrument Network Instrumentation] On July 6, it was learned from China Telecom that China Telecom has determined the NB-IoT tariff package. It is understood that this is the world's first NB-IoT business package.

There are two pricing models for China Telecom's NB-IoT, which are annual subscription packages and lifecycle packages. In the package mode, China Telecom provides a certain number of connections each year, if the total number of connections does not exceed this value, then the normal charge; if the total number of connections exceeds the specified value in the package, then for the number of connections exceeded In part, we charge a certain high-frequency use function fee.

The high frequency function fee refers to the high frequency usage fee charged for every 20,000 connection times during the contract year of the contract period.

The life cycle package is divided into 7 different stalls in 2 years, 3 years, 4 years, 5 years, 6 years, 7 years, and 8 years.

According to industry insiders, it is of great significance for China Telecom to take the lead in releasing the world’s first NB-IoT package. This shows that while China Telecom is pursuing the perfect coverage of NB-IoT network, it is also actively exploring the operational mode of NB-loT.

The new generation of Internet of Things (NB-IoT) technology is a major technology means for the realization of mass connectivity and interconnection of the world and accounts for more than 60% of the total demand for the Internet of Things. This Internet of Things (IoT) connectivity technology based on cellular mobile networks has many advantages such as low cost, low power consumption, large connectivity, and wide coverage. It is widely used in smart meter reading, smart parking, smart homes, smart cities, and smart manufacturing.

Chinese telecoms have previously stated that 2017 is a breakthrough year for the development of China Telecom’s IoT business. In March, the world’s first smart water project based on next-generation Internet of Things (NB-IoT) technology took the lead in commercial use in Shenzhen, Guangdong, and China Telecom, Shenzhen Water, and Huawei jointly released the white paper “Intelligent Water Meter for NB-IoT”. On June 27th, China Telecom announced the opening of the Internet of Things (IoT) open platform in Shanghai and jointly with global industrial partners to jointly realize global “product integration, channel-based linkage, and outcome sharing”.

(Original Title: China Telecom Launches the World's First NB-IoT Business Package to Explore the Internet of Things Business Model)