Veea Begins Generating Revenue from SecureConnect Sales Through Telcel's Internet Gestionado Service

VeeaSystems Mexico SRL de C.V., a wholly owned subsidiary of Veea Inc. (NASDAQ: VEEA), has begun generating revenue as Telcel initiates billing of its customers for commercial sales of Veea SecureConnect TM platform products — branded as Internet Gestionado and sold through Telcel's direct sales force and distributor network.

Internet Gestionado was commercially launched in March 2026 with Telcel delivering the inventory of SecureConnect platform products on hand at their warehouses to Internet Gestionado customers. However, billing for Internet Gestionado products and services was delayed while Telcel was transitioning a major part of its back-office operations. That transition concluded recently with final validation of Veea SecureConnect platform integration with Telcel's billing and back-office operations, clearing the way to close the pending sales.

Internet Gestionado delivers 5G fixed wireless access — as a primary or failover connection — with fully integrated AI-driven cybersecurity and other optional value-added services (e.g., managed-Wi-Fi mesh with a captive portal, CCTV and others). Through the first half of this year, Veea and Telcel sales teams jointly marketed this service offering at industry expos, large customer group meetings, and on-site visits. During this period, many customers deployed SecureConnect with temporary Telcel SIM cards for commercial operations or testing, which SIM cards are being replaced with SIM cards pre-provisioned for Internet Gestionad...