International insurer bolttech has announced a partnership with French entrepreneur Xavier Niel’s NJJ telecom Group (NJJ) to provide device insurance for European mobile operators in its portfolio.
Both Salt and Monaco Telecom are dedicated to providing their customers with sustainable and safe device insurance solutions along with their offers. Salt currently serves more than 1.5 million postpaid mobile customers across Switzerland with a 99.9% population coverage, while Monaco Telecom has over 800,000 registered mobile customers including subscribers to its Epic subsidiaries in Malta and Cyprus.
The partnership sees bolttech selected as the Group’s preferred device protection partner to embed relevant coverage within the existing customer journey of the mobile operators, bolttech said. This further deepens previous standalone collaborations with local mobile operators such as Salt – a longstanding partner of bolttech in Switzerland, offering customers fast and efficient device protection services such as next-day device replacement and one-hour walk-in device repair.
Dr Jens Schädler, Chief Executive Officer for bolttech Europe, said, “We are honoured to build on our long-standing relationships with existing partners under NJJ, such as Salt and Monaco Telecom, to strengthen and expand our international collaboration. Together, we will deliver a wide range of next-generation device protection to more customers across Europe. This partnership marks a significant milestone for bolttech as we expand our partnership with NJJ and strengthen our leadership in the device protection space.”
Monaco Telecom is majority owned (55 percent) by Xavier Niel through the NJJ Group. Mr Niel also owns Monaco Matin, outright.
ILLUSTRATION: From the bolttech website