Panasonic has been a partner to AeroMobile for at least three years, having branded its mobile connectivity hardware as eXPhone, and selling it as part of its Global Communications Suite.
“We have worked together in many areas, both on the safety side but also on the technical side and installation side. Just before Christmas, Panasonic reached agreement with AeroMobile parent Telenor to take a majority stake in AeroMobile,” says AeroMobile CEO Pal Bjordal.
“So AeroMobile is a joint venture between Panasonic and Telenor. We are part of the Panasonic group. Our customers have been made aware of this and also there will be some [formal] announcement at AIX in Hamburg.”
Bjordal, who will continue in his role as CEO of AeroMobile, says the joint venture is “just a normal extension of a partnership that enables us to offer seamless connectivity service to customers”.
He adds that the move is “a positive step forward with respect to us having an ownership that reflects the importance of this business both to Telenor and Panasonic. By taking an active ownership position, Panasonic is committed to supporting this business in the future. The actual ownership split is something I can’t discuss, but Panasonic has the majority and Telenor continues to hold a significant ownership.”