Business NewsMarketWire • Solacia Wins $16 Million USIM Card Deal With SK Telecom

Solacia Wins $16 Million USIM Card Deal With SK Telecom

Solacia Wins $16 Million USIM Card Deal With SK Telecom

SAN JOSE, CA--(Marketwire - Jun 24, 2011) - Solacia, a worldwide leader of USIM (Universal Subscriber Identity Module) technology, announced that it was selected to provide its USIM smartcards to SK C&C for SK Telecom, South Korea's largest mobile service provider. The contract to provide Solacia's NFC USIM and Combi USIM to SK Telecom beginning March 2012 is worth approximately $16 million (USD) which amounts to Solacia's total 2010 revenue. Both the NFC USIM and Combi USIM will enable many additional mobile services to SK Telecom's customer.

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