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bolttech partners with Salt in Switzerland and Monaco Telecom

bolttech will provide device insurance to Xavier Niel’s owned mobile operators

Paris, France, 8 November 2023 – International insurtech, bolttech, today announced a preferred partnership with French entrepreneur Xavier Niel’s NJJ telecom Group (NJJ) to provide device insurance for European mobile operators under 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.

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. 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.”

About NJJ Operators

Salt stands for innovation offering attractive prices for premium products in the Swiss telecommunications market. An excellent mobile network, the country’s best performing internet connection (nPerf, 2022), attractive prices and customer-focused service ensure an outstanding experience for its business and residential customers. The company’s services as well as its fixed and mobile networks are repeatedly awarded: best universal provider for large companies and residential customers (Bilanz, 2023), best broadband offer (connect, 2023) very good mobile network (connect, 2023), best performing internet connection (nPerf, 2022), best broadband tariff (SIQT, 2022) and number one B-to-B mobile provider (SIQT, 2022). Based in Renens (VD), Salt has two additional offices in Biel and Zurich. The company employs more than 1,000 employees and serves 1,543,200 postpaid mobile and more than 200,000 broadband customers across Switzerland. Salt currently offers 99.9% population mobile coverage.

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Monaco Telecom is the incumbent operator of the Principality of Monaco, providing fixed, Internet, TV, and mobile services, as well as international and cloud data connectivity services. In July 2019, Monaco Telecom was the first operator to launch 5G network with national coverage and provides nationwide 10Gbs FTTH. Monaco Telecom’s shareholders are The Government of Monaco and NJJ Holding, owned by Xavier Niel. Monaco Telecom owns 100% of Epic, the leading alternative operator in Cyprus and the leading mobile operator in Malta.

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