World News: TransCore and Telenor sign international distribution agreement

World News:  TransCore and Telenor sign international distribution agreement

TransCore and Telenor Satellite Services have signed a five-year agreement for Telenor to serve as a distributor of TransCore's GlobalWave® asset tracking products throughout Europe.

This multi-year agreement further expands TransCore’s satellite offerings within the international market. The service uses Inmarsat satellite capacity provided by Telenor Satellite Services to TransCore.

“Over the past decade, the need to track and monitor assets has reached a crucial turning point, particularly with the evolving and stringent security measures now required due to the current international state of affairs,” said Anders Kallerud, executive vice president of Telenor Satellite Services.

He added that since Telenor and TransCore offer complementary technologies, the distribution agreement enhances both companies' services to monitor high-value assets in a multiple environments.

With more than 400 service providers globally, Telenor Satellite Services offers an instant infrastructure for international distribution and technical support. The combination of this established network and GlobalWave product offerings makes solutions readily available to the European community and provides a software developer's toolbox to create market-specific tracking and asset management applications.

TransCore president John Worthington believes this agreement will translate into increased market position for the company’s GlobalWave product line, and will also provide Telenor access to an additional satellite communications service.

Launched in 1999, the satellite-based GlobalWave communications system allows users to monitor, manage, track and communicate with remote and mobile assets from a website interface.

With four ground control stations providing service to five continents, the GlobalWave network supports more than 75,000 users worldwide.

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