Qualcomm Signs International Telematics Connectivity Agreement with Telenor Connexion
Telenor Connexion to Provide International Data Services for Qualcomm’s Telematics Services
WAALRE, The Netherlands — May 11, 2009 — 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 Connexion 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,” said Bill Karnazes, managing director of Qualcomm Enterprise Services Europe. “It will also allow Qualcomm to rapidly implement its most recent innovative wireless communication technologies in all the deployed M2M products and services.”
“The cooperation with Qualcomm enables us to take advantage of the high growth potential outside of Sweden and expand our position globally,” said Per Simonsen, CEO at Telenor Connexion. “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 because it allows efficiencies and savings, both in the short-term and long-term.”
About Telenor Connexion
Telenor Connexion is a leading global provider of Machine-to-machine (M2M) connectivity solutions. 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.
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