Article: Wavecom Reports 3Q 2008 Financial Results and Strategic Update


Wireless News
10-28-2008
Wavecom Reports 3Q 2008 Financial Results and Strategic Update

WIRELESS NEWS-October 28, 2008-Wavecom Reports 3Q 2008 Financial Results and Strategic Update (C)2008 10Meters - http:// www.10meters.com

Wavecom S.A. announced financial results for its third quarter 2008 ending September 30, and a strategic review of its business.
- Third Quarter 2008 Financial Results weakened by global economic slowdown - Longer term, Wavecom's core business promising - Wavecom's board considers Gemalto's offer inadequate , as it "fails to deliver sufficient value ...

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