Press release -
Qualcomm signs international telematics connectivity agreement with Telenor Connexion
Qualcomm Enterprise Services Europe BV, a wholly owned subsidiary of Qualcomm Incorporated (Nasdaq: QCOM), and Telenor Connexion, the global provider of M2M connectivity solutions, today announced an agreement for Telenor Connexion to provide international wireless communication services for Machine-to-Machine (M2M) and telematics applications to Qualcomm Enterprise Services Europe. Telenor will provide a flat fee SIM card running in GPRS/EDGE/UMTS in Western and Eastern Europe, allowing Qualcomm to meet its customer needs and coverage requirements for pan-European telematics services.
Under this new agreement, Telenor Connexion, which is based in Sweden, will also enable Qualcomm to manage and monitor deployed SIM-cards and associated traffic, resulting in enhanced service availability and quality for Qualcomm customers in Europe.
- This agreement with Telenor is a key milestone for Qualcomm, allowing us to deploy our telematics and M2M services internationally with competitive international rates and simultaneously maintain our current Service Level Agreements with end users. It will also allow Qualcomm to rapidly implement our most recent innovative wireless communication technologies in all the deployed M2M products and services, says Bill Karnazes, managing director of Qualcomm Enterprise Services Europe.
- The cooperation with Qualcomm enables us to take advantage of the high growth potential outside of Sweden and expands our position globally. The M2M market has grown tremendously in recent years and is driven by an increasing demand for safety, energy efficiency and climate smart solutions, among others. The solution we offer together with Qualcomm is extremely versatile since it allows efficiencies and savings, both in the short and the long term, says Per Simonsen, CEO at Telenor Connexion.
For more information, please contact:
Qualcomm contacts:
Marjolijn Verleg, Qualcomm Enterprise Services Europe
Phone: +31-40-234-8484
Email: mverleg@qualcomm.com
John Gilbert, Investor Relations
Phone: +1-858-658-4813
Email: ir@qualcomm.com
Telenor Connexion contact:
Kristina Grandin, PR and Communication
Phone: +46-734- 252-621
Email: kristina.grandin@telenor.com
About Qualcomm
Qualcomm Enterprise Services delivers the integrated wireless systems and services that enable businesses around the world to operate at peak performance. The division provides comprehensive wireless solutions and services, including two-way data communications systems, productivity-enhancing applications, global mobile data management, enterprise-level consulting and managed network services for the expanding wireless world for everything wirelessly connected. Qualcomm's world-class technology infrastructure, customer focus and professional services help enterprise customers succeed and thrive.
Qualcomm Enterprise Services Europe BV (www.qualcomm.eu) delivers integrated telematics solutions and services to the transport and logistics industries in Europe.
Qualcomm Incorporated (Nasdaq: QCOM) is a leader in developing and delivering innovative digital wireless communications products and services based on CDMA and other advanced technologies. Headquartered in San Diego, Calif., Qualcomm is included in the S&P 100 Index, the S&P 500 Index and is a 2008 FORTUNE 500® company. For more information, please visit www.qualcomm.com.
Qualcomm is a registered trademark of Qualcomm Incorporated. All other trademarks are the property of their respective owners.
About Telenor Connexion
Telenor Connexion is a leading global provider of M2M connectivity solutions. Machine-to-machine (M2M) communication is a rapidly expanding market. Companies in industries as diverse as automotive, security, utilities and fleet management are implementing M2M solutions to achieve productivity gains, cost management, environmental improvement and to expand customer services. With more than 10 years of experience and over
1 million active SIM-cards Telenor Connexion is an experienced and reliable partner. We are dedicated to our customers' business and understand their needs. Telenor Connexion has provided international, cost-effective M2M communication solutions to a number of global customers such as Volvo, Daimler and Securitas Direct. According to leading industry analyst Bergh Insight Telenor is "the most advanced mobile operator in the area of M2M" and also "the dominant provider of wireless M2M connectivity".
Telenor Connexion is wholly owned by Telenor Group, an international provider of high quality mobile communications services to customers in 12 markets across Asia and Europe. For more information please visit www.telenorconnexion.com