OT Supports the Newly Created MVNO Forbesfone’s International Development with Delivery of SIM Cards and Tailor-Made Services

Oberthur Technologies (OT), a leading global provider of embedded
security software products, services and solutions was selected by the
newly created MVNO, Forbesfone, a partner of the internationally
renowned Forbes magazine, to become their unique provider of both mobile
products and services. OT will fully and actively support Forbesfone’s
international deployment with the delivery of cards, solutions and
bespoke services such as packaging and delivery of SIM cards directly to
recipients located in any part of the world.

Forbesfone is a new MVNO based in Malta carried by the Forbes brand,
specialized in the provision of services targeting business people.
Forbes Magazine is an undisputed reference in journalism, covering
professional subjects such as Industries, markets and finances. The
branching out into telecoms through Forbesfone, shows the intention of
Forbes to provide a world class mobile service, aimed at travelling
business people.

Forbesfone has already rolled-out its data services worldwide, and
calling and SMS service in all Europe and US. The expansion to a full
worldwide coverage on calling and messaging service is planned for early
2016. The ambition is to provide frequent business travelers, as well
high international callers, with one simple solution through carefully
designed products that minimize costs while maintaining a high level of
service. To subscribe to Forbesfone mobile services, end-users are
invited to connect to the Forbesfone website, www.forbesfone.com,
in order to register and order on-line their new SIM cards and related
services.

To meet these real-time SIM requirements, OT has set up a complete
organization of On-Demand Services using one of its key European service
centers to package each SIM card, personalize the packaging using
end-user’s personal data and distribute directly to the end-user
anywhere in the world.

“Redefining roaming is the aim of our game. We have carefully studied
the needs of the frequent traveler and understand that mobile
connectivity can be a burden both financially and operationally,” said
Walter KOMAREK, CEO of Forbesfone. “We believe our mobile service will
be a game changer in the telecoms industry. This service will open up a
cost-effective world to frequent travelers in which looking for a Wi-Fi
hotspot becomes redundant, and worrying about heavy bill-shocks or
hidden charges is a thing of the past.”

“We are delighted to be the unique partner of Forbesfone in order to
provide them with a complete offer: from SIM card delivery to
value-added tailor-made services such as packaging, logistics and device
management” said Arnaud BRET, SVP, Europe & Global Accounts of the MNO
Business Unit at OT. “Through our partnership, we will help this new
MVNO to prepare its future success as an international mobile player”.

ABOUT OBERTHUR TECHNOLOGIES

OT is a world leader in digital security solutions for the mobility
space. OT has always been at the heart of mobility, from the first smart
cards to the latest contactless payment technologies which equip
millions of smartphones. Present in the Payment, Telecommunications and
Identity markets, OT offers end-to-end solutions in the Smart
Transactions, Mobile Financial Services, Machine-to-Machine, Digital
Identity and Transport & Access Control fields. OT employs over 6 000
employees worldwide, including close to 700 R&D people. With more than
50 sales offices across 5 continents and 1 manufacturing hub by region,
OT’s international network serves clients in 140 countries. For more
information: www.oberthur.com

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