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Q'com Buys Fleet Mgmt. Biz

Qualcomm acquires the assets of Alcatel Mobicom, a provider of mobile satellite data communications for European trucking fleet management

September 29, 2003

2 Min Read

WAALRE, The Netherlands -- QUALCOMM Incorporated (Nasdaq: QCOM), the leader in mobile communications for the transportation industry, today announced the purchase of assets from Alcatel Mobicom, a mobile satellite data communications systems and services provider for the European trucking market and part of Alcatel Space. QUALCOMM Wireless Business Solutions Europe, headquartered in The Netherlands, will now service and support the customer base of Alcatel Mobicom. With this acquisition, QUALCOMM Wireless Business Solutions Europe becomes one of the largest providers of fleet management solutions across Europe. Terms of the agreement were not disclosed.

"QUALCOMM and ALCATEL will cooperate fully to ensure that this transition is seamless for the customers that QUALCOMM will now support," said Tom Armenti, vice president and general manager of international operations for QUALCOMM Wireless Business Solutions. "By consolidating the systems that exist today, we can continue to invest in our high-quality, pan-European service and support network and increase our ability to provide state-of-the-art wireless solutions for European transportation companies now and well into the future."

QUALCOMM has helped the transportation industry become more efficient since 1988, when the introduction of the OmniTRACS(R) mobile communications system provided transportation companies with an innovative and effective way of managing logistics. Its fleet management solutions continue to set the standard by offering products and services that meet the demands of a constantly changing marketplace. QUALCOMM's OmniTRACS system is a satellite-based mobile communications and tracking system that provides real-time messaging and position reporting between fleets and their operations centres. Messages are sent via satellite through Eutelsat's Network Management Centre to dispatch centres throughout Europe. The EutelTRACS(TM) system is an interactive, fully integrated information management system that includes two-way mobile communications, satellite tracking and fleet management software. To date, QUALCOMM has shipped over 480,000 OmniTRACS mobile communications system units worldwide.

Qualcomm Inc.

Alcatel SA

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