SRMX AND T-MOBILE AND BEST BUY AND THE WEATHER CHA
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Posted On: 08/22/2019 1:25:28 PM
SRMX AND T-MOBILE AND BEST BUY AND THE WEATHER CHANNEL 
Quote:1. Setup operation for retail business in the United States including sales, marketing, finance, logistic and customer service. Plan for retail business in the United States in next 12 months: Our plan is to leverage our close business relationship with T-Mobile USA whereby the Company acts as the wholesaler of various manufactured NB IoT products to T-Mobile for onward retail by T-Mobile to approximately 2,000 T-Mobile stores across the US. Having initially delivered NB IoT product prototypes to T-Mobile for testing, acceptance and certification, we anticipate receiving product orders from T-Mobile which we will fulfill through our manufacturing relationships in Taiwan for delivery to T-Mobile, on a wholesale price b asis, for their resale at the retail level. To do this we would only need to set up a couple of order entry/tracking staff – leaving the retail aspect to T-Mobile to handle through their existing retail store infrastructure. We plan to also explore a similar wholesale to retail model with other retail outlets such as BestBuy etc.
Quote:1. Setup operation for retail business in the United States including sales, marketing, finance, logistic and customer service. Plan for retail business in the United States in next 12 months: Our plan is to leverage our close business relationship with T-Mobile USA whereby the Company acts as the wholesaler of various manufactured NB IoT products to T-Mobile for onward retail by T-Mobile to approximately 2,000 T-Mobile stores across the US. Having initially delivered NB IoT product prototypes to T-Mobile for testing, acceptance and certification, we anticipate receiving product orders from T-Mobile which we will fulfill through our manufacturing relationships in Taiwan for delivery to T-Mobile, on a wholesale price b asis, for their resale at the retail level. To do this we would only need to set up a couple of order entry/tracking staff – leaving the retail aspect to T-Mobile to handle through their existing retail store infrastructure. We plan to also explore a similar wholesale to retail model with other retail outlets such as BestBuy etc.
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