Wireless Logic

Market position

Positioned as a leading global managed IoT connectivity provider, named a Leader in the Gartner Magic Quadrant for Managed IoT Connectivity Services for four consecutive years through 2025, and cited by analysts including Transforma Insights, IDC and Counterpoint Research. Montagu describes it as one of very few European businesses to have scaled to this level.

Differentiators cited include ownership of a dedicated IoT mobile core (Conexa) allowing independent carrier operation, multi-network and multi-country SIM/eSIM coverage under one agreement, over 50 direct operator agreements, integrated security and anomaly detection, and a single management platform spanning device, network, application and cloud.

Technology

Core technology comprises Conexa, a mobile core network dedicated to IoT with geo-distributed cores and local breakouts enabling independent carrier operation; SIMPro, a connectivity management platform for monitoring, control, API integration and over-the-air optimisation; and eSIM provisioning, with 2 million eSIM profiles deployed over-the-air. Supported bearers include 4G/LTE, 5G, LTE-M, NB-IoT, LTE Cat-1 BIS and satellite. Security capabilities include private APNs, VPNs, anomaly and threat detection and IoT SAFE certificate management.

Go-to-market

The company sells directly through a network of local offices and multilingual teams, offers free trials and self-serve pricing on its site, and runs a partner programme. It also expands via acquisition of regional connectivity providers and via operator and vendor partnerships, including module makers (u-blox), security vendors (Thales), MNOs (BT Wholesale/EE, Vodafone UK, three US operators) and a global Starlink reseller agreement.

Around 25,000 customers ranging from startups to global enterprises and governments, across agriculture, consumer devices, energy, environment, healthcare, industry and manufacturing, logistics, public sector, retail, security, smart buildings, smart cities and transport. Named customers include Just Eat, Britvic, the Environment Agency, Plug n Go and Securitas.

Geography

Headquartered in Reading, UK, with connectivity spanning 165 countries and access to 750+ networks in 190 countries. Offices and group companies include the UK (Reading head office, Chester, Milton Keynes, Nottingham, Coalville), Denmark, France, Germany, Italy, Netherlands, Norway, Spain, Liechtenstein/Austria, China (Shenzhen), Malaysia, Singapore, Australia, the United States (Greenville, South Carolina; Richmond, Virginia) and Brazil (São Paulo). Local support is provided in over 20-25 countries.

History

After its 2000 founding in the UK, Wireless Logic expanded internationally in the early 2010s under ECI Partners' ownership, opening offices in France, Germany and Spain and building multi-network access across European mobile operators and satellite services. Following a 2015 acquisition by CVC Growth Fund, it completed four acquisitions in the UK, Germany and Denmark, and by 2018 operated country offices in the UK, Denmark, France, Germany and Spain. Montagu acquired the business in 2018, after which the company recapitalised in June 2021 by buying out CVC Growth Partners' minority stake alongside management. A sustained acquisition programme followed, including Matooma (2019), Things Mobile (2021), Jola and Mobius Networks (2022), IoThink Solutions (2022), Blue Wireless (2023), Webbing (2023), Arqia in Brazil (2025), Zipit Wireless in the US (2025), Comms365 (2026), SIMETRY (2026) and Algar Telecom's IoT business via Arqia (2026). Montagu reports 15 strategic acquisitions during its ownership, over which period employee count grew more than sevenfold, revenue more than sixfold and EBITDA over sevenfold.