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Technology Stocks : Gemalto N.V.
GTOMY 28.11+3.7%Oct 15 5:00 PM EST

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From: JakeStraw3/24/2015 8:37:40 AM
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China Telecom selects Gemalto to deploy mobile NFC transport in China’s two largest cities
gemalto.com

Gemalto announces that China Telecom has selected its UpTeq Multi-tenant NFC SIMs to deploy secure NFC transport services in China's two largest cities – Shanghai and Beijing. China Telecom is a leading operator in the country with more than 183 million subscribers. This deployment will enable up to 45 million daily commuters to ride their metros and pay for their everyday purchases with a simple tap of their smartphones. The NFC SIMs are also embedded with Gemalto's 4G LTE management software, allowing users to download applications with the convenience and speed of mobile broadband.
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