MiX Telematics Surpasses 700,000 Subscribers

MiX Telematics (MIXT: NYSE), a leading provider of fleet and asset mobile management solutions, announced that it has surpassed the 700,000 subscriber mark. 

This milestone was achieved by continued growth in its key markets, which saw more than 22,000 net new subscribers added in the second fiscal quarter, ending September 2018.

MiX Telematics’s broad product portfolio and diverse revenue streams, backed by a strong focus on driving ongoing customer value through continuous innovation and personalised service, have driven positive subscriber growth globally across multiple market verticals.

Since listing on the NYSE five years ago, MiX has grown its subscriber base at a double-digit compound annual growth rate further enhancing its position as a global leader in both fleet and consumer telematics.

Category: Connected Fleet News, General Update, News