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FRANCE TELECOM & SAGEM ANNOUNCE MEMORANDUM OF UNDERSTANDING DEVELOP SOLUTIONS FOR MOBILE PHONES
01 March 2004 - Sagem Communication
| France Telecom and SAGEM announced today the signature of a Memorandum of Understanding, to jointly develop solutions for Location Based Services around mobile phones. This strategic partnership aims at designing, developing and deploying new revenue generating differentiated telecommunications services and products, through a deep cooperation between both companies. |
This strategic partnership aims at designing, developing and deploying new revenue generating differentiated telecommunications services and products, through a deep cooperation between both companies. The Memorandum of Understanding encompasses : the setting of joined research and development teams,
the sharing of R&D funding, a limited period of exclusivity to leverage usage through generalization
and the sharing of intellectual property resulting from the partnership. For France Telecom, this partnership fits into its strategy to develop new and innovative services for its customers on mobile networks. It also marks the commitment taken by France Telecom to join forces with industry leaders in order to leverage resources and expertise and offer the best services to its end customers. For SAGEM, this strategic partnership with France Telecom is an important step in its strategy to offer operators the best integration level of Location Based Services for mobile phones, in view of providing highly attractive applications for end users. In today's market context, both companies are convinced of the need to develop new types of relationships between telecommunications operators and equipment vendors and to cope with the challenges of increasing competition and the convergence of the Telecom, IT and Multimedia Industries. France Telecom is one of the world's leading telecommunications carriers, with 117,1 million customers on the five continents (220 countries and territories) and consolidated operating revenues of 46.1 billion euros for 2003. Through its major international brands, including Orange, Wanadoo, Equant and GlobeCast, France Telecom provides businesses, consumers and other carriers with a complete portfolio of solutions that spans local, long-distance and international telephony, wireless, Internet, multimedia, data, broadcast and cable TV services. France Telecom is the second-largest wireless operator and Internet access provider in Europe, and a world leader in telecommunications solutions for multinational corporations. France Telecom (NYSE: FTE) is listed on the Paris and New York stock exchanges.
http://www.sagem.com
About: Sagem Communication
Sagem Communication is organized in two Business Groups: Mobile Communication and Broadband Communication.Mobile Communication Sagem brand mobile phones enjoys a strong presence in world markets – Europe, Middle East, Africa, Asia and Latin America – thanks to continuous technological innovations, including build-in cameras, colour screens, multimedia messaging, WAP, GPRS, modules and modems, etc. The Mobile Communication Business Group operates a Research & Development center in Cergy, northwest of Paris, and a production plant at Fougères, in the Brittany region of France. Industrial and commercial partnerships with other telecom players have opened access to new international markets, including China and Brazil. China: a joint venture with Bird, the leading domestic manufacturer of mobile phones, called "Ningbo Bird Sagem Electronics Corporation Ltd". Brazil: a joint subsidiary with Gradiente, to handle the production and marketing of Sagem mobile phones. Broadband Communication The Broadband Communication Business Group designs, develops and produces a complete line of products for the high-growth broadband, video and printing markets. A proven capability for innovation led to technological breakthroughs that give Sagem products high-profile positions in these highly competitive markets: the first DLP flat-screen TVs in Europe, the first embedded image correction in terminals, DECT wireless phones with mobile phone functions (SMS, hi-fi ring tones, directory, etc.), TVs and set-top boxes with build-in card readers, etc. The Broadband Communication Business Group also deploys a Europe-wide network of subsidiaries, called National Sales Organization (NSO), that distributes Sagem brand products to all major European retailers. Sagem has signed a number of agreements with OEMs, meaning that Sagem products are used by the world’s leading brands and most European operators. |
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