agreement that will allow the two companies to offer a solution that
provides easy accessibility to Telenor's network with Wavecom Wireless
CPU® devices by embedding the Telenor Connexion SIM component into the
Wavecom devices. This solution targets high-volume applications such
as telematics systems for automotive, on-board equipment for
intelligent transport systems and smart meters for utility companies.
"Following the launch of Telenor Connexion last October, this
agreement with Wavecom will be a step forward in meeting the new
company's goal to spearhead global expansion of telematics and M2M
communication. We are focused on supplying every customer throughout
the world with a contract for connectivity tailored to their specific
business needs.
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