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Xplora enters into agreement with O2 Telefónica in Germany for a tailored smartwatch

Xplora enters into agreement with O2 Telefónica in Germany for a tailored smartwatch

Oslo, 25 January 2023 – Xplora Technologies (‘Xplora’ or ‘the Company’), Europe’s leading smartwatch company for kids, today announced its first supply agreement with O2 Telefónica in Germany.

O2 Telefónica will market and sell a tailored version of Xplora’s award-winning X6Play smartwatch in retail and online sales channels in Germany. The Xplora X6Play is tailored with a unique bezel in corporate colors and is offered in a tailored packaging for O2 Telefónica.

“We are excited to announce O2 Telefónica as a new major distribution partner in Germany, and proud that they have chosen to tailor our recently introduced, fully in-house developed and award-winning X6Play smartwatch” says Sten Kirkbak, CEO of Xplora. “A key competitive advantage of our new X6Play platform is our ability to efficiently customize both hardware and software, enabling us to introduce propositions like this.”

“Xplora has built a strong market position and brand recognition in the German market over the last 5 years together with key partners. The addition of O2 Telefónica, with the largest mobile subscriber base in Germany and a strong distribution footprint including 900 retail outlets, to the list of Xplora partners is an important win to develop this major market further” says Mikael Clement, CFO of Xplora.

O2 Telefónica is expected to have live listings of the Xplora X6Play in Q1 2023 in key flagship stores across Germany and in online channels. The first orders have been received.

For further information please contact:
Sten Kirkbak, CEO +47 9220 3710
Mikael Clement, CFO +47 9900 8000

About Xplora Technologies AS:
Xplora is a platform and services company and an industry leader in the market for children’s smartwatches. Xplora was founded to give children a safe onboarding to the digital life and a better balance between screen time and physical activity. Xplora’s vision is to enable children around the world to experience how their everyday activities can create value and make a positive change to the world. The company is headquartered in Norway with operations in leading European markets. Xplora is listed on Euronext Growth under the ticker symbol XPLRA.
About O2 Telefónica: O2 Telefónica is one of the leading integrated telecommunications providers in Germany, serving around 47 million mobile accesses and 2.3 million broadband accesses. With a comprehensive offer of mobile and fixed network services for private and business customers as well as innovative digital solutions the company is well positioned to benefit from the data growth opportunity in the German market. O2 Telefónica’s core brand O2 as well as other own and partner brands form the foundation of its successful multi-brand and multi-channel strategy.

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