LUXEMBOURG-Smart card vendor Gemplus International S.A. lowered its 2005 revenue expectations due to a quality problem with one of its chips. The firm said it now expects fiscal 2005 revenues of around $1.137 billion, which is down from previous expectations of $1.150 billion.Gemplus' shares...
AMSTERDAM-Europe's Gemplus International S.A. and Axalto N.V., the world's two largest smart card vendors, announced plans to merge in an all-stock transaction. If approved, the combined company would have 2005 revenues of $2.1 billion and would be called Gemalto. "This transaction is an important...
AMSTERDAM-Europe's Gemplus International S.A. and Axalto N.V., the world's two largest smart card vendors, announced plans to merge in an all-stock transaction. If approved, the combined company would have 2005 revenues of $2.1 billion and would be called Gemalto."This transaction is an important development...
Facilities-based telecommunications provider IDT Corp. unveiled its TuYo Mobile prepaid wireless service targeting the rapidly growing-and increasingly targeted-Hispanic community. IDT said the TuYo Mobile service will offer a bilingual customer experience, international calling and text messaging, and "culturally relevant" music, ringtones, games and graphics....
NEWARK, N.J.-IDT Corp. unveiled its TuYo Mobile prepaid wireless service targeting the rapidly growing-and increasingly targeted-Hispanic community. IDT said the TuYo Mobile service will offer a bilingual customer experience, international calling and text messaging, and "culturally relevant" music, ringtones, games and graphics.IDT said the...
TORONTO-Gemplus SA plans to integrate Diversinet Corp.'s MobiSecure OATH-compliant mobile authentication solutions in its solutions for wireless carriers, according to an agreement between the companies."Through this agreement, Gemplus and Diversinet will bring to the industry a comprehensive range of tokens, adapted to each segment...
PARIS-French smart-card provider Oberthur Card Systems announced it will supply Cingular Wireless L.L.C. with Subscriber Identity Module cards beginning this month. Cingular announced a similar deal June 12 with Oberthur's rival, French vendor Gemplus International S.A."This major step significantly strengthens our determination to become...
DALLAS-Cingular Wireless will use Subscriber Identity Module cards from French vendor Gemplus International S.A. in its forthcoming third-generation wireless launch. Gemplus said it will be one of Cingular's primary suppliers for Universal SIM cards, which are designed for W-CDMA networks."(U)SIM cards are an integral...
LUXEMBOURG-T-Mobile selected Gemplus International S.A. to provide its GemXplore Generations operating system for T-Mobile's future card and service deployments. The product complies with the most recent multimedia features and standards releases, which can be updated over the air, said Gemplus."GemXplore Generations allows us to...
LUXEMBOURG-T-Mobile selected Gemplus International S.A. to provide its GemXplore Generations operating system for T-Mobile's future card and service deployments.The product complies with the most recent multimedia features and standards releases, which can be updated over the air, said Gemplus."After a diligent evaluation process where...
LAS VEGAS-Gemplus International S.A. said six wireless carriers have selected its SIM cards and over-the-air provisioning services for their GSM launches.The carriers include Plateau Wireless, Douglas Communications, Endless Telecom, Farmers Wireless, Petrocom LLC and RCC."RCC feels that Gemplus has a seasoned team that is...
CANNES, France-VeriSign Inc. teamed with IBM and Gemplus International S.A. to demonstrate a Subscriber Identity Module-based identity offering for wireless carriers at the 3GSM World Congress Tuesday.The product combines over-the-air activation service from Gemplus with VeriSign's password authentication service and IBM's Federated Identity Manager,...
LUXEMBOURG-Gemplus International S.A. and SoloMio announced a strategic partnership to jointly market and develop call-management and call-completion solutions for subscriber identity module cards. The companies said they are working together to develop over-the-air solutions for wider market deployment.As part of the partnership, GemVentures, the...
Having found success in the device management space for businesses, start-up mFormation Technologies Inc. is now looking to use its experience and resources to break into the potentially lucrative wireless carrier market. And though many have failed in such an attempt, mFormation said it...
PARIS-Alcatel Corp. has combined with Birdstep Technology and Gemplus International S.A. to develop, promote and market a solution for seamless service continuity between GSM/GPRS/EDGE or CDMA mobile networks and wireless local area networks.The companies said the agreement will also apply to emerging technologies like...
LUXEMBOURG-Smart card solution provider Gemplus International S.A. and its indirect subsidiary Zenzus Holdings Ltd. said a decision has been made in their favor in an international arbitration proceeding seeking repayment of a loan made to Marc Lassus, former Gemplus chairman and co-founder.The arbitration tribunal...
LAS VEGAS-Smart-card solution provider Gemplus International S.A. announced Centennial Communications Corp. and International Telecommunications Ltd. have selected its subscriber identity module cards and provisioning and content messaging services for their GSM services."Gemplus offers a one-stop shop for SIM cards and remote provisioning services," said...
LUXEMBOURG-Smart-card company Gemplus International announced its fourth-quarter revenues increased to $297 million and its net loss increased to about $31 million due to restructuring costs and other one-time expenses."Reporting an operating profit before restructuring for the fourth quarter is the best measure of delivery...
LUXEMBOURG-French smart-card company Gemplus International S.A. announced a change in its organizational structure, as well as a new head of its U.S. and Canadian operations.Gemplus said Ernie Berger, a former First USA executive, will serve as the new president of its North American business....
LUXEMBOURG-French smart card company Gemplus International S.A. announced a change in its organizational structure, as well as a new head of its U.S. and Canadian operations.Gemplus said Ernie Berger, a former First USA executive, will serve as the new president of its North American...
LUXEMBOURG-T-Mobile Netherlands and Gemplus announced results from their deployment of a short message service-based information-on-demand service for T-Mobile's Dutch customers. After five months of the service, volumes for SMS ring-tone downloads increased fivefold, the companies said.T-Mobile Netherlands offered a range of subscriber identity module...
LUXEMBOURG-Gemplus International reported gross profits of $54 million, up 27 percent from the prior quarter. The maker of smart cards for mobile phones said it had a net loss of $93 million for the quarter."As Gemplus continues this year of transition, the business is...
LUXEMBURG, Texas-Transat Technologies Inc. and Gemplus have entered a strategic agreement to extend wireless local area network access to enterprises and homes.Transat will provide its authentication system while Gemplus will offer its smart card technology."We believe that with the combined expertise and technical ability...
PARIS-Smart card maker Gemplus said it suffered an operating loss of $17.8 million in its fourth-quarter report, before restructuring costs.The company said its full-year revenue was $101.6 million on sales of $845.5 million. The card maker attributes the poor result to the market slowdown,...
