0
Wireless

Gemalto's Q4 revenues down 1% hurt by weak SIM business

Friday 2 March 2018 | 17:24 CET | News
Gemalto reported fourth quarter revenues of EUR 828 million, down 1 percent year-on-year at constant exchange rates. Its SIM business remained weak, posting a double-digit fall in revenues, only partly offset by double-digit growth in M2M. As a result, the Mobile business line saw revenues fall by 7 percent to EUR 293 million. The Payment & Identity division posted revenues of EUR 533 million, growing at a slower pace than in the previous quarter (+2% from +7% in Q3).

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless / Mobile & Wireless
Companies: Gemalto / Thales
Countries: World
::: add a comment
This article is part of dossier

IoT


Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Gemalto to protect 5G networks from cyber-attacks with Intel Software Guard Extensions

Published 17 Apr 2018 10:28 CET | World
Gemalto launched a platform that stops cyber-attacks from affecting cloud-based virtualised networks being planned and deployed ...

Telefonica selects Gemalto to deliver prepaid ID verification

Published 27 Feb 2018 14:45 CET | Germany
Telefonica Deutschland has selected Gemalto to provide an identity verification platform to complement Telefonica's existing ...

Gemalto launches Discovery Service platform for eSIM activation

Published 31 Jan 2018 08:28 CET | World
Gemalto announced its new Subscription ManagementDiscovery Service platform for eSIM activation on any device. This platform ...

Thales makes progress with Gemalto offer, expects deal to close in H2

Published 12 Jan 2018 09:38 CET | World
Thales said that it is making good progress on its all-cash offer for Gemalto, announced on 17 December 2017, and expects to ...

Thales outbids Atos to acquire Gemalto

Published 18 Dec 2017 08:50 CET | World
The offer price represents a premium of 57 percent over the closing price of Gemalto stock on 8 December, before Atos made its ...