14th Feb 2007 19:10
The M2M specialist Telit Wireless Solutions and the Spanishnetwork operator Telefonica Spain today announced a groundbreakingstrategic alliance to provide customers with a turnkey M2M solutionbased on Telit's innovative modules and Telefonica's 'Mundo Maquina'and Smart M2M Platform. As part of the alliance, Telefonica will embedTelit modules into its M2M projects, which will result in enhancedperformance for Telefonica customers looking to deploy their M2Mproject on time and within budget. £ Telefonica selected Telit's new UMTS/HSDPA module, announced at3GSM. Both companies are currently working on the integration of Telitproducts into Telefonica's M2M Smart Platform, a dedicated server forusers of M2M technology. £ "Telefonica is Spain's leading network carrier and one of theworld's largest telecom companies with a strong focus on the M2Mmarket," explained Roger Dewey, President and CEO of Telit Americas."Telefonica's constant commitment to generating new services andsupporting systems integrators in developing innovative applicationsis of high importance for us. This perfectly matches Telit's strategyof offering its customers the latest M2M technology worldwide." £ As a result of this partnership, users will benefit from the closecooperation of these two leading players in M2M, securing solutionsthat include Telit's M2M modules with corresponding support bundledwith Telefonica's data transmission and services. Customers benefitfrom Telit's three core values: business scalability, ease ofintegration and investment protection. £ "This is an important advantage for us. Through this closecooperation with Telit we can respond flexibly to our customers'requests," said Raquel Perez Serrano, Product Manager of M2M atTelefonica. £ Both companies will benefit considerably from this strategicalliance. Telefonica will make its laboratories available to Telit fortesting the new UMTS modules. At the same time the cooperationprovides Telefonica with constant access to Telit's innovative M2Mtechnology. The Spanish telecom expert will be able to gain access tothe new UMTS/HSDPA module at an early stage, which allows fastdevelopment of cutting edge M2M applications addressing the needs ofthe customer. £ "Considering the development of our position on the Spanish andinternational M2M market, this is an important step," said DominikusHierl, President of Telit Wireless Solutions. £ "We cooperate closely with Telit, which is essential for offeringour customers services at the best possible rate. Due to the fact thatwe do not produce M2M modules on our own, we have to rely on a solidpartner. Telit is very dedicated to the M2M markets worldwide andknows the needs of the users very well," added Raquel Perez Serrano. £ It is the new Telit UMTS module which is of highest strategicimportance for Telefonica in order to open up new segments of the M2Mmarket. According to the Spanish telecommunications expert, the mostauspicious prospects for UMTS technology will be seen in the videosurveillance and security fields. In the future, Telefonica is alsoplanning to use UMTS modules for vending applications to implementadvanced marketing strategies. Telefonica estimates that UMTS is atechnology with promising prospects. UMTS applications will also bedeployed in the fields of ATMs (Automatic Teller Machines) and mobilemarketing. Telefonica also predicts that, in the long term, allapplications currently based on GPRS technology will switch to UMTS. £ About Telefonica £ Telefonica is one of the world's leading telecom companies, and ispresent in Europe, Africa and Latin America. As of June 2006,Telefonica had a total of 195.9 million customers. Telefonica is anintegrated carrier with one the largest market shares outside of itsoriginal market and is the leading carrier in theSpanish-Portuguese-speaking market. Thanks to this, it is on its wayto becoming the leader among multi-service and multi-domesticproviders. In Spain, the Group has more than 80 years experience, andas of September 2006 had almost 16 million land-line accesses, plusmore than 4.6 million data and Internet accesses, together with morethan 21 million mobile telephony customers. In Europe, Telefonica O2is present in the U.K., Ireland, Germany, and the Czech Republic. Asof September 2006, the Group had more than 34 million mobile accessesand close to 4 million land-line accesses in the region. Telefonica O2has also been awarded one of the 3G mobile telephony licenses inSlovakia for a period of 20 years. The Group is fifth in the world inthe Telecom sector in terms of market capitalization and sixth in theEurostoxx 50 rankings (20 November, 2006) with a market capitalizationof almost US$ 100 billion. The Group has more than 1.5 million directshareholders and is listed on the main Spanish and foreign stockmarkets. £ About Telit Communications £ Telit is a leading global mobile communications technologycompany. Its Wireless Solutions division develops, manufactures andmarkets GSM/GPRS/UMTS and CDMA modules for machine-to-machine (m2m)applications which enable machines, devices or vehicles to communicatevia mobile networks. Telit modules are marketed and deployedworldwide. The company is listed on the London Stock ExchangeAlternative Investment Market (AIM) (code: TCM). For more informationabout the company, please visit www.telit.com. £ Visit Telit at 3GSM 2007 in Barcelona in Hall 1, Booth 1E44 Copyright Business Wire 2007Related Shares:
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