Proactiveinvestors United Kingdom Telit Communications

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	&lt;title&gt;Proactiveinvestors United Kingdom Telit Communications&lt;/title&gt;
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	&lt;description&gt;Proactiveinvestors United Kingdom Telit Communications RSS feed
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			&lt;title&gt;&lt;![CDATA[RNS press release - Total Voting Rights ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120502tcm5342c/&lt;/link&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications continues to increase market share in m2m market ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/40710/telit-communications-continues-to-increase-market-share-in-m2m-market-40710.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;&lt;a href=&quot;http://proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) increased revenues 34.7 per cent to US$177.4 million in the year to December 31, 2011.&lt;br /&gt;&lt;br /&gt;The wireless machine-to-machine specialist said it had achieved strong growth last year and is now better placed in its bid to become a leading provider of m2m solutions worldwide.&lt;br /&gt;&lt;br /&gt;Machine-to-machine (M2M) wirelessly connects devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks and heart monitors.&lt;br /&gt;&lt;br /&gt;Telit sells its products through a network of value-added resellers to more than 5,000 communications solution providers and systems integrators in more than 60 countries.&lt;br /&gt;&lt;br /&gt;The international market is rapidly growing as wireless communications are now a must-have rather than a luxury in the business world, the firm said.&lt;br /&gt;&lt;br /&gt;Last year saw the company successfully integrate the Motorola m2m business, which was acquired last March, and it bought GlobalConect Ltd last July.&lt;br /&gt;&lt;br /&gt;The purchase of Navman Wireless OEM Solutions LP, a leading designer and manufacturer of world-class GPS modules and solutions, was completed in January this year.&lt;br /&gt;&lt;br /&gt;The company expanded its portfolio, including the development of new 3G product series, and it launched the 4G LTE programme, for the development of future Telit products complying with next-generation technologies.&lt;br /&gt;&lt;br /&gt;Telit&#039;s chief executive, Oozi Cats, said 2011 had been an important year, adding that the acquisition of GlobalConect was an additional building block in Telit&#039;s strategy to provide its customers with a full service portfolio, including value-added services such as connectivity. &lt;br /&gt;&lt;br /&gt;&quot;The achievements of 2011 also include the Navman acquisition, which will provide Telit access to new customers and products beyond the traditional m2m industry, thus strengthening our position as the premier product and consultative partner in the m2m industry,&quot; he said.&lt;br /&gt;&lt;br /&gt;&quot;Our hard work and significant investments over the past few years have created a market leading platform through which we are capitalizing on the exciting opportunities within the m2m market and continuing to increase our market share.&quot;&lt;br /&gt;&lt;br /&gt;The firm posted an operating profit for the year of US$3.5 million (2010: US$6.6mln). Pre-tax profit was US$2.2 million, compared to US$6.4 million in 2010.&lt;/p&gt; ]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 26 Mar 2012 07:52:00 +0100&lt;/pubDate&gt;
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			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120326tcm0112a/&lt;/link&gt;
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			&lt;pubDate&gt;Mon, 26 Mar 2012 07:00:00 +0100&lt;/pubDate&gt;
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			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120316tcm5303z/&lt;/link&gt;
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			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120306tcm7745y/&lt;/link&gt;
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			&lt;pubDate&gt;Tue, 06 Mar 2012 11:34:00 +0000&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Total Voting Rights ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120301tcm5071y/&lt;/link&gt;
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			&lt;pubDate&gt;Thu, 01 Mar 2012 13:41:00 +0000&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications signs global M2M agreement with O2 owner ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/39507/telit-communications-signs-global-m2m-agreement-with-o2-owner-39507.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;Wireless machine-to-machine specialist &lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) has signed a global strategic partnership with Spanish telecoms giant Telefonica, the owner of mobile phone group O2.&lt;/p&gt;
&lt;p&gt;Machine&amp;ndash;to machine (M2M) is a way to wirelessly connect devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks, heart monitors and so on.&lt;/p&gt;
&lt;p&gt;The two companies will offer a bundled package that will enable M2M customers to use Telefonica&amp;rsquo;s global wireless network with Telit&amp;rsquo;s module hardware and software technology.&lt;/p&gt;
&lt;p&gt;Oozi Cats, Telit&amp;rsquo;s chief executive, said: &amp;ldquo;This unprecedented bundle from Telit and Telefonica signals a paradigm shift in the industry because finally any M2M service or solution provider of any size can have the same quality of service, performance, pricing and support as the largest players in the industry.&quot;&lt;/p&gt;
&lt;p&gt;He added that the new service will enable M2M service providers and application developers to bring solutions more quickly to market, provide technical support over the entire product lifecycle, offer enhanced monitoring capabilities and lower tariffs for fixed and mobile applications.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;The new service will initially launch in EMEA (Europe, Middle East and Africa), South America and selected countries by the third quarter of 2012.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Telefonica has a customer base of more than 300 million customers around the world with a strong presence in Europe and Latin America. In the UK, it owns mobile group O2.&lt;/p&gt; ]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Tue, 28 Feb 2012 08:14:00 +0000&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Strategic Partnership - Telefonica ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120228tcm2277y/&lt;/link&gt;
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			&lt;pubDate&gt;Tue, 28 Feb 2012 07:00:00 +0000&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications considering US IPO ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/38880/telit-communications-considering-us-ipo-38880.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;Machine-to-machine wireless technology specialist &lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) said it is&amp;nbsp; considering a potential initial public offering in the United States. &lt;br /&gt;&lt;br /&gt;Such an offering will be dependent upon market conditions and would be expected to occur, if at all, in the second half of 2012.&lt;br /&gt;&lt;br /&gt;Telit had announced the US$3 million acquisition of Navman OEM Solutions just before Christmas 2011, saying the deal would help it become a &amp;ldquo;contender&amp;rdquo; in the growing GPS market.&lt;br /&gt;&lt;br /&gt;It was the third deal of the year and followed on from the purchase of Motorola&amp;rsquo;s machine-to-machine business and the acquisition of connectivity services provider Globalconnect.&lt;br /&gt;&lt;br /&gt;M2M technology is described by those in the business as the &amp;lsquo;internet of things&amp;rsquo; as it connects machines and devices via wireless so they can communicate.&amp;nbsp; &lt;br /&gt;&lt;br /&gt;It is used in a variety of industrial and business fields to improve productivity. For example, in remote production environments they help to reduce the need for a human being to be on site all of the time.&lt;br /&gt;&lt;br /&gt;Vehicles with the capability can automatically notify service centres of maintenance issues. Another good example is of vending machines that can report to central warehouses when they are running low on stock.&lt;/p&gt; ]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 13 Feb 2012 07:22:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/38880/telit-communications-considering-us-ipo-38880.html&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Consideration of Possible US IPO ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120213tcm2634x/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 13 Feb 2012 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120213tcm2634x/&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Trading Statement ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120110tcm2584v/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Tue, 10 Jan 2012 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120110tcm2584v/&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Holding(s) in Company ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120104tcm9851u/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Wed, 04 Jan 2012 12:26:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120104tcm9851u/&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications to become a &#039;contender&#039; in GPS market with Navman deal ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/37183/telit-communications-to-become-a-contender-in-gps-market-with-navman-deal-37183.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;Telit Communications said it will become a &amp;ldquo;contender&amp;rdquo; in the growing GPS market with the US$3 million purchase of Navman OEM Solutions.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Wed, 21 Dec 2011 07:35:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/37183/telit-communications-to-become-a-contender-in-gps-market-with-navman-deal-37183.html&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Acquisition ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111221tcm3772u/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Wed, 21 Dec 2011 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111221tcm3772u/&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Appointment of Nomad and Broker ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111212tcm7395t/&lt;/link&gt;
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			&lt;pubDate&gt;Mon, 12 Dec 2011 07:00:00 +0000&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communication chief Oozi Cats increases stake in company  ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/34714/telit-communication-chief-oozi-cats-increases-stake-in-company-34714.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;
&lt;p&gt;Telit Communication&amp;rsquo;s (&lt;a href=&quot;/companies/overview/1570/telit-communications-1570.html&quot;&gt;LON:TCM&lt;/a&gt;) today told investors that chief executive Oozi Cats has bought an additional 300,000 shares at 44 pence each, increasing his stake to 19.75 per cent of the company.&lt;br /&gt;&lt;br /&gt;The transaction, which took place on Friday, may be taken by some investors as a vote of confidence from the Telit boss after the group warned of project delays on the same day.&lt;br /&gt;&lt;br /&gt;On Friday Telit revealed that delays have had an impact on revenues and profits, which will now be lower than market expectations.&lt;br /&gt;&lt;br /&gt;For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.&lt;br /&gt;&lt;br /&gt;But in a stock market statement issued this morning Telit said: &amp;ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;Telit is a specialist in the field of wireless machine-to-machine communications (M2M). Put simply M2M enables one machine to talk to another machine via a wireless network. &amp;nbsp;&lt;br /&gt;&lt;br /&gt;Telit is the only pure play M2M company listed in London and one of the market&amp;rsquo;s big three players.&lt;br /&gt;&lt;br /&gt;In March it completed the US$23 million acquisition of Motorola&amp;rsquo;s M2M business, which made it the largest pure-play specialist in this arena.&lt;/p&gt;
&lt;/p&gt;]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 24 Oct 2011 12:59:00 +0100&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Director/PDMR Shareholding ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111024tcm6957q/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 24 Oct 2011 10:10:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111024tcm6957q/&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications hit by project delays ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/34629/telit-communications-hit-by-project-delays-34629.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Machine-to-machine communications specialist Telit (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot;&gt;&lt;a href=&quot;/companies/overview/1570/telit-communications-1570.html&quot;&gt;LON:TCM&lt;/a&gt;&lt;/a&gt;) said this morning revenues and profits will be lower than market expectations.&lt;/p&gt;
&lt;p&gt;It cited the delay in the deployment of a number of projects for the miss. For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.&lt;/p&gt;
&lt;p&gt;But in a stock market statement issued this morning Telit said: &amp;ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&amp;rdquo;&lt;/p&gt;
&lt;p&gt;Telit is a specialist in the field of wireless machine-to-machine communications (M2M).&lt;/p&gt;
&lt;p&gt;Put simply M2M enables one machine to talk to another machine via a wireless network. &amp;nbsp;&lt;/p&gt;
&lt;p&gt;Telit is the only pure play M2M company listed in London and one of the market&amp;rsquo;s big three players.&lt;/p&gt;
&lt;p&gt;In March it completed the US$23 million acquisition of Motorola&amp;rsquo;s M2M business, which made it the largest pure-play specialist in this arena.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Fri, 21 Oct 2011 07:28:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/34629/telit-communications-hit-by-project-delays-34629.html&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Trading update and full year trading outlook ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111021tcm5848q/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Fri, 21 Oct 2011 07:00:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111021tcm5848q/&lt;/guid&gt;
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	array(
	"id" => "120521tcm7679d",
	"title" => "RNS press release - Holding(s) in Company",
	"pubdate" => "2012-05-21 14:14:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120521tcm7679d/"
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	array(
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	"title" => "RNS press release - Total Voting Rights",
	"pubdate" => "2012-05-02 07:00:00",
	"seftitle" => "",
	"description" => "",
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	array(
	"id" => "40710",
	"title" => "News - Telit Communications continues to increase market share in m2m market",
	"pubdate" => "2012-03-26 07:52:00",
	"seftitle" => "telit-communications-continues-to-increase-market-share-in-m2m-market-40710.html",
	"description" => "&lt;p&gt;&lt;a href=&quot;http://proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) increased revenues 34.7 per cent to US$177.4 million in the year to December 31, 2011.&lt;br /&gt;&lt;br /&gt;The wireless machine-to-machine specialist said it had achieved strong growth last year and is now better placed in its bid to become a leading provider of m2m solutions worldwide.&lt;br /&gt;&lt;br /&gt;Machine-to-machine (M2M) wirelessly connects devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks and heart monitors.&lt;br /&gt;&lt;br /&gt;Telit sells its products through a network of value-added resellers to more than 5,000 communications solution providers and systems integrators in more than 60 countries.&lt;br /&gt;&lt;br /&gt;The international market is rapidly growing as wireless communications are now a must-have rather than a luxury in the business world, the firm said.&lt;br /&gt;&lt;br /&gt;Last year saw the company successfully integrate the Motorola m2m business, which was acquired last March, and it bought GlobalConect Ltd last July.&lt;br /&gt;&lt;br /&gt;The purchase of Navman Wireless OEM Solutions LP, a leading designer and manufacturer of world-class GPS modules and solutions, was completed in January this year.&lt;br /&gt;&lt;br /&gt;The company expanded its portfolio, including the development of new 3G product series, and it launched the 4G LTE programme, for the development of future Telit products complying with next-generation technologies.&lt;br /&gt;&lt;br /&gt;Telit&#039;s chief executive, Oozi Cats, said 2011 had been an important year, adding that the acquisition of GlobalConect was an additional building block in Telit&#039;s strategy to provide its customers with a full service portfolio, including value-added services such as connectivity. &lt;br /&gt;&lt;br /&gt;&quot;The achievements of 2011 also include the Navman acquisition, which will provide Telit access to new customers and products beyond the traditional m2m industry, thus strengthening our position as the premier product and consultative partner in the m2m industry,&quot; he said.&lt;br /&gt;&lt;br /&gt;&quot;Our hard work and significant investments over the past few years have created a market leading platform through which we are capitalizing on the exciting opportunities within the m2m market and continuing to increase our market share.&quot;&lt;br /&gt;&lt;br /&gt;The firm posted an operating profit for the year of US$3.5 million (2010: US$6.6mln). Pre-tax profit was US$2.2 million, compared to US$6.4 million in 2010.&lt;/p&gt; ",
	"link" => "http://www.proactiveinvestors.co.uk/companies/news/40710/telit-communications-continues-to-increase-market-share-in-m2m-market-40710.html"
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	array(
	"id" => "120326tcm0112a",
	"title" => "RNS press release - Final Results",
	"pubdate" => "2012-03-26 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120326tcm0112a/"
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	"id" => "120316tcm5303z",
	"title" => "RNS press release - Holding(s) in Company",
	"pubdate" => "2012-03-16 13:40:00",
	"seftitle" => "",
	"description" => "",
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	"id" => "120306tcm7745y",
	"title" => "RNS press release - Holding(s) in Company",
	"pubdate" => "2012-03-06 11:34:00",
	"seftitle" => "",
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	"title" => "RNS press release - Total Voting Rights",
	"pubdate" => "2012-03-01 13:41:00",
	"seftitle" => "",
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	array(
	"id" => "39507",
	"title" => "News - Telit Communications signs global M2M agreement with O2 owner",
	"pubdate" => "2012-02-28 08:14:00",
	"seftitle" => "telit-communications-signs-global-m2m-agreement-with-o2-owner-39507.html",
	"description" => "&lt;p&gt;Wireless machine-to-machine specialist &lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) has signed a global strategic partnership with Spanish telecoms giant Telefonica, the owner of mobile phone group O2.&lt;/p&gt;
&lt;p&gt;Machine&amp;ndash;to machine (M2M) is a way to wirelessly connect devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks, heart monitors and so on.&lt;/p&gt;
&lt;p&gt;The two companies will offer a bundled package that will enable M2M customers to use Telefonica&amp;rsquo;s global wireless network with Telit&amp;rsquo;s module hardware and software technology.&lt;/p&gt;
&lt;p&gt;Oozi Cats, Telit&amp;rsquo;s chief executive, said: &amp;ldquo;This unprecedented bundle from Telit and Telefonica signals a paradigm shift in the industry because finally any M2M service or solution provider of any size can have the same quality of service, performance, pricing and support as the largest players in the industry.&quot;&lt;/p&gt;
&lt;p&gt;He added that the new service will enable M2M service providers and application developers to bring solutions more quickly to market, provide technical support over the entire product lifecycle, offer enhanced monitoring capabilities and lower tariffs for fixed and mobile applications.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;The new service will initially launch in EMEA (Europe, Middle East and Africa), South America and selected countries by the third quarter of 2012.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Telefonica has a customer base of more than 300 million customers around the world with a strong presence in Europe and Latin America. In the UK, it owns mobile group O2.&lt;/p&gt; ",
	"link" => "http://www.proactiveinvestors.co.uk/companies/news/39507/telit-communications-signs-global-m2m-agreement-with-o2-owner-39507.html"
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	"id" => "120228tcm2277y",
	"title" => "RNS press release - Strategic Partnership - Telefonica",
	"pubdate" => "2012-02-28 07:00:00",
	"seftitle" => "",
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	array(
	"id" => "38880",
	"title" => "News - Telit Communications considering US IPO",
	"pubdate" => "2012-02-13 07:22:00",
	"seftitle" => "telit-communications-considering-us-ipo-38880.html",
	"description" => "&lt;p&gt;Machine-to-machine wireless technology specialist &lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) said it is&amp;nbsp; considering a potential initial public offering in the United States. &lt;br /&gt;&lt;br /&gt;Such an offering will be dependent upon market conditions and would be expected to occur, if at all, in the second half of 2012.&lt;br /&gt;&lt;br /&gt;Telit had announced the US$3 million acquisition of Navman OEM Solutions just before Christmas 2011, saying the deal would help it become a &amp;ldquo;contender&amp;rdquo; in the growing GPS market.&lt;br /&gt;&lt;br /&gt;It was the third deal of the year and followed on from the purchase of Motorola&amp;rsquo;s machine-to-machine business and the acquisition of connectivity services provider Globalconnect.&lt;br /&gt;&lt;br /&gt;M2M technology is described by those in the business as the &amp;lsquo;internet of things&amp;rsquo; as it connects machines and devices via wireless so they can communicate.&amp;nbsp; &lt;br /&gt;&lt;br /&gt;It is used in a variety of industrial and business fields to improve productivity. For example, in remote production environments they help to reduce the need for a human being to be on site all of the time.&lt;br /&gt;&lt;br /&gt;Vehicles with the capability can automatically notify service centres of maintenance issues. Another good example is of vending machines that can report to central warehouses when they are running low on stock.&lt;/p&gt; ",
	"link" => "http://www.proactiveinvestors.co.uk/companies/news/38880/telit-communications-considering-us-ipo-38880.html"
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	array(
	"id" => "120213tcm2634x",
	"title" => "RNS press release - Consideration of Possible US IPO",
	"pubdate" => "2012-02-13 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120213tcm2634x/"
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	array(
	"id" => "120110tcm2584v",
	"title" => "RNS press release - Trading Statement",
	"pubdate" => "2012-01-10 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120110tcm2584v/"
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	array(
	"id" => "120104tcm9851u",
	"title" => "RNS press release - Holding(s) in Company",
	"pubdate" => "2012-01-04 12:26:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120104tcm9851u/"
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	array(
	"id" => "37183",
	"title" => "News - Telit Communications to become a &#039;contender&#039; in GPS market with Navman deal",
	"pubdate" => "2011-12-21 07:35:00",
	"seftitle" => "telit-communications-to-become-a-contender-in-gps-market-with-navman-deal-37183.html",
	"description" => "&lt;p&gt;Telit Communications said it will become a &amp;ldquo;contender&amp;rdquo; in the growing GPS market with the US$3 million purchase of Navman OEM Solutions.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;",
	"link" => "http://www.proactiveinvestors.co.uk/companies/news/37183/telit-communications-to-become-a-contender-in-gps-market-with-navman-deal-37183.html"
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	array(
	"id" => "111221tcm3772u",
	"title" => "RNS press release - Acquisition",
	"pubdate" => "2011-12-21 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/111221tcm3772u/"
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	array(
	"id" => "111212tcm7395t",
	"title" => "RNS press release - Appointment of Nomad and Broker",
	"pubdate" => "2011-12-12 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/111212tcm7395t/"
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	array(
	"id" => "34714",
	"title" => "News - Telit Communication chief Oozi Cats increases stake in company ",
	"pubdate" => "2011-10-24 12:59:00",
	"seftitle" => "telit-communication-chief-oozi-cats-increases-stake-in-company-34714.html",
	"description" => "&lt;p&gt;
&lt;p&gt;Telit Communication&amp;rsquo;s (&lt;a href=&quot;/companies/overview/1570/telit-communications-1570.html&quot;&gt;LON:TCM&lt;/a&gt;) today told investors that chief executive Oozi Cats has bought an additional 300,000 shares at 44 pence each, increasing his stake to 19.75 per cent of the company.&lt;br /&gt;&lt;br /&gt;The transaction, which took place on Friday, may be taken by some investors as a vote of confidence from the Telit boss after the group warned of project delays on the same day.&lt;br /&gt;&lt;br /&gt;On Friday Telit revealed that delays have had an impact on revenues and profits, which will now be lower than market expectations.&lt;br /&gt;&lt;br /&gt;For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.&lt;br /&gt;&lt;br /&gt;But in a stock market statement issued this morning Telit said: &amp;ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;Telit is a specialist in the field of wireless machine-to-machine communications (M2M). Put simply M2M enables one machine to talk to another machine via a wireless network. &amp;nbsp;&lt;br /&gt;&lt;br /&gt;Telit is the only pure play M2M company listed in London and one of the market&amp;rsquo;s big three players.&lt;br /&gt;&lt;br /&gt;In March it completed the US$23 million acquisition of Motorola&amp;rsquo;s M2M business, which made it the largest pure-play specialist in this arena.&lt;/p&gt;
&lt;/p&gt;",
	"link" => "http://www.proactiveinvestors.co.uk/companies/news/34714/telit-communication-chief-oozi-cats-increases-stake-in-company-34714.html"
),
	array(
	"id" => "111024tcm6957q",
	"title" => "RNS press release - Director/PDMR Shareholding",
	"pubdate" => "2011-10-24 10:10:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/111024tcm6957q/"
),
	array(
	"id" => "34629",
	"title" => "News - Telit Communications hit by project delays",
	"pubdate" => "2011-10-21 07:28:00",
	"seftitle" => "telit-communications-hit-by-project-delays-34629.html",
	"description" => "&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Machine-to-machine communications specialist Telit (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot;&gt;&lt;a href=&quot;/companies/overview/1570/telit-communications-1570.html&quot;&gt;LON:TCM&lt;/a&gt;&lt;/a&gt;) said this morning revenues and profits will be lower than market expectations.&lt;/p&gt;
&lt;p&gt;It cited the delay in the deployment of a number of projects for the miss. For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.&lt;/p&gt;
&lt;p&gt;But in a stock market statement issued this morning Telit said: &amp;ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&amp;rdquo;&lt;/p&gt;
&lt;p&gt;Telit is a specialist in the field of wireless machine-to-machine communications (M2M).&lt;/p&gt;
&lt;p&gt;Put simply M2M enables one machine to talk to another machine via a wireless network. &amp;nbsp;&lt;/p&gt;
&lt;p&gt;Telit is the only pure play M2M company listed in London and one of the market&amp;rsquo;s big three players.&lt;/p&gt;
&lt;p&gt;In March it completed the US$23 million acquisition of Motorola&amp;rsquo;s M2M business, which made it the largest pure-play specialist in this arena.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;",
	"link" => "http://www.proactiveinvestors.co.uk/companies/news/34629/telit-communications-hit-by-project-delays-34629.html"
),
	array(
	"id" => "111021tcm5848q",
	"title" => "RNS press release - Trading update and full year trading outlook",
	"pubdate" => "2011-10-21 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/111021tcm5848q/"
)
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	&lt;title&gt;Proactiveinvestors United Kingdom Telit Communications&lt;/title&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Holding(s) in Company ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120521tcm7679d/&lt;/link&gt;
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			&lt;pubDate&gt;Mon, 21 May 2012 14:14:00 +0100&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Total Voting Rights ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120502tcm5342c/&lt;/link&gt;
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			&lt;pubDate&gt;Wed, 02 May 2012 07:00:00 +0100&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications continues to increase market share in m2m market ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/40710/telit-communications-continues-to-increase-market-share-in-m2m-market-40710.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;&lt;a href=&quot;http://proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) increased revenues 34.7 per cent to US$177.4 million in the year to December 31, 2011.&lt;br /&gt;&lt;br /&gt;The wireless machine-to-machine specialist said it had achieved strong growth last year and is now better placed in its bid to become a leading provider of m2m solutions worldwide.&lt;br /&gt;&lt;br /&gt;Machine-to-machine (M2M) wirelessly connects devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks and heart monitors.&lt;br /&gt;&lt;br /&gt;Telit sells its products through a network of value-added resellers to more than 5,000 communications solution providers and systems integrators in more than 60 countries.&lt;br /&gt;&lt;br /&gt;The international market is rapidly growing as wireless communications are now a must-have rather than a luxury in the business world, the firm said.&lt;br /&gt;&lt;br /&gt;Last year saw the company successfully integrate the Motorola m2m business, which was acquired last March, and it bought GlobalConect Ltd last July.&lt;br /&gt;&lt;br /&gt;The purchase of Navman Wireless OEM Solutions LP, a leading designer and manufacturer of world-class GPS modules and solutions, was completed in January this year.&lt;br /&gt;&lt;br /&gt;The company expanded its portfolio, including the development of new 3G product series, and it launched the 4G LTE programme, for the development of future Telit products complying with next-generation technologies.&lt;br /&gt;&lt;br /&gt;Telit&#039;s chief executive, Oozi Cats, said 2011 had been an important year, adding that the acquisition of GlobalConect was an additional building block in Telit&#039;s strategy to provide its customers with a full service portfolio, including value-added services such as connectivity. &lt;br /&gt;&lt;br /&gt;&quot;The achievements of 2011 also include the Navman acquisition, which will provide Telit access to new customers and products beyond the traditional m2m industry, thus strengthening our position as the premier product and consultative partner in the m2m industry,&quot; he said.&lt;br /&gt;&lt;br /&gt;&quot;Our hard work and significant investments over the past few years have created a market leading platform through which we are capitalizing on the exciting opportunities within the m2m market and continuing to increase our market share.&quot;&lt;br /&gt;&lt;br /&gt;The firm posted an operating profit for the year of US$3.5 million (2010: US$6.6mln). Pre-tax profit was US$2.2 million, compared to US$6.4 million in 2010.&lt;/p&gt; ]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 26 Mar 2012 07:52:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/40710/telit-communications-continues-to-increase-market-share-in-m2m-market-40710.html&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Final Results ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120326tcm0112a/&lt;/link&gt;
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			&lt;pubDate&gt;Mon, 26 Mar 2012 07:00:00 +0100&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Holding(s) in Company ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120316tcm5303z/&lt;/link&gt;
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			&lt;pubDate&gt;Fri, 16 Mar 2012 13:40:00 +0000&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Holding(s) in Company ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120306tcm7745y/&lt;/link&gt;
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			&lt;pubDate&gt;Tue, 06 Mar 2012 11:34:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120306tcm7745y/&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Total Voting Rights ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120301tcm5071y/&lt;/link&gt;
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			&lt;pubDate&gt;Thu, 01 Mar 2012 13:41:00 +0000&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications signs global M2M agreement with O2 owner ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/39507/telit-communications-signs-global-m2m-agreement-with-o2-owner-39507.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;Wireless machine-to-machine specialist &lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) has signed a global strategic partnership with Spanish telecoms giant Telefonica, the owner of mobile phone group O2.&lt;/p&gt;
&lt;p&gt;Machine&amp;ndash;to machine (M2M) is a way to wirelessly connect devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks, heart monitors and so on.&lt;/p&gt;
&lt;p&gt;The two companies will offer a bundled package that will enable M2M customers to use Telefonica&amp;rsquo;s global wireless network with Telit&amp;rsquo;s module hardware and software technology.&lt;/p&gt;
&lt;p&gt;Oozi Cats, Telit&amp;rsquo;s chief executive, said: &amp;ldquo;This unprecedented bundle from Telit and Telefonica signals a paradigm shift in the industry because finally any M2M service or solution provider of any size can have the same quality of service, performance, pricing and support as the largest players in the industry.&quot;&lt;/p&gt;
&lt;p&gt;He added that the new service will enable M2M service providers and application developers to bring solutions more quickly to market, provide technical support over the entire product lifecycle, offer enhanced monitoring capabilities and lower tariffs for fixed and mobile applications.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;The new service will initially launch in EMEA (Europe, Middle East and Africa), South America and selected countries by the third quarter of 2012.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Telefonica has a customer base of more than 300 million customers around the world with a strong presence in Europe and Latin America. In the UK, it owns mobile group O2.&lt;/p&gt; ]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Tue, 28 Feb 2012 08:14:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/39507/telit-communications-signs-global-m2m-agreement-with-o2-owner-39507.html&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Strategic Partnership - Telefonica ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120228tcm2277y/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Tue, 28 Feb 2012 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120228tcm2277y/&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications considering US IPO ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/38880/telit-communications-considering-us-ipo-38880.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;Machine-to-machine wireless technology specialist &lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) said it is&amp;nbsp; considering a potential initial public offering in the United States. &lt;br /&gt;&lt;br /&gt;Such an offering will be dependent upon market conditions and would be expected to occur, if at all, in the second half of 2012.&lt;br /&gt;&lt;br /&gt;Telit had announced the US$3 million acquisition of Navman OEM Solutions just before Christmas 2011, saying the deal would help it become a &amp;ldquo;contender&amp;rdquo; in the growing GPS market.&lt;br /&gt;&lt;br /&gt;It was the third deal of the year and followed on from the purchase of Motorola&amp;rsquo;s machine-to-machine business and the acquisition of connectivity services provider Globalconnect.&lt;br /&gt;&lt;br /&gt;M2M technology is described by those in the business as the &amp;lsquo;internet of things&amp;rsquo; as it connects machines and devices via wireless so they can communicate.&amp;nbsp; &lt;br /&gt;&lt;br /&gt;It is used in a variety of industrial and business fields to improve productivity. For example, in remote production environments they help to reduce the need for a human being to be on site all of the time.&lt;br /&gt;&lt;br /&gt;Vehicles with the capability can automatically notify service centres of maintenance issues. Another good example is of vending machines that can report to central warehouses when they are running low on stock.&lt;/p&gt; ]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 13 Feb 2012 07:22:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/38880/telit-communications-considering-us-ipo-38880.html&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Consideration of Possible US IPO ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120213tcm2634x/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 13 Feb 2012 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120213tcm2634x/&lt;/guid&gt;
		&lt;/item&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Trading Statement ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120110tcm2584v/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Tue, 10 Jan 2012 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120110tcm2584v/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Holding(s) in Company ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120104tcm9851u/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Wed, 04 Jan 2012 12:26:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120104tcm9851u/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[News - Telit Communications to become a &#039;contender&#039; in GPS market with Navman deal ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/37183/telit-communications-to-become-a-contender-in-gps-market-with-navman-deal-37183.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;Telit Communications said it will become a &amp;ldquo;contender&amp;rdquo; in the growing GPS market with the US$3 million purchase of Navman OEM Solutions.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Wed, 21 Dec 2011 07:35:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/37183/telit-communications-to-become-a-contender-in-gps-market-with-navman-deal-37183.html&lt;/guid&gt;
		&lt;/item&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Acquisition ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111221tcm3772u/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Wed, 21 Dec 2011 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111221tcm3772u/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Appointment of Nomad and Broker ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111212tcm7395t/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 12 Dec 2011 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111212tcm7395t/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[News - Telit Communication chief Oozi Cats increases stake in company  ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/34714/telit-communication-chief-oozi-cats-increases-stake-in-company-34714.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;
&lt;p&gt;Telit Communication&amp;rsquo;s (&lt;a href=&quot;/companies/overview/1570/telit-communications-1570.html&quot;&gt;LON:TCM&lt;/a&gt;) today told investors that chief executive Oozi Cats has bought an additional 300,000 shares at 44 pence each, increasing his stake to 19.75 per cent of the company.&lt;br /&gt;&lt;br /&gt;The transaction, which took place on Friday, may be taken by some investors as a vote of confidence from the Telit boss after the group warned of project delays on the same day.&lt;br /&gt;&lt;br /&gt;On Friday Telit revealed that delays have had an impact on revenues and profits, which will now be lower than market expectations.&lt;br /&gt;&lt;br /&gt;For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.&lt;br /&gt;&lt;br /&gt;But in a stock market statement issued this morning Telit said: &amp;ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;Telit is a specialist in the field of wireless machine-to-machine communications (M2M). Put simply M2M enables one machine to talk to another machine via a wireless network. &amp;nbsp;&lt;br /&gt;&lt;br /&gt;Telit is the only pure play M2M company listed in London and one of the market&amp;rsquo;s big three players.&lt;br /&gt;&lt;br /&gt;In March it completed the US$23 million acquisition of Motorola&amp;rsquo;s M2M business, which made it the largest pure-play specialist in this arena.&lt;/p&gt;
&lt;/p&gt;]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 24 Oct 2011 12:59:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/34714/telit-communication-chief-oozi-cats-increases-stake-in-company-34714.html&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Director/PDMR Shareholding ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111024tcm6957q/&lt;/link&gt;
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			&lt;pubDate&gt;Mon, 24 Oct 2011 10:10:00 +0100&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications hit by project delays ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/34629/telit-communications-hit-by-project-delays-34629.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Machine-to-machine communications specialist Telit (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot;&gt;&lt;a href=&quot;/companies/overview/1570/telit-communications-1570.html&quot;&gt;LON:TCM&lt;/a&gt;&lt;/a&gt;) said this morning revenues and profits will be lower than market expectations.&lt;/p&gt;
&lt;p&gt;It cited the delay in the deployment of a number of projects for the miss. For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.&lt;/p&gt;
&lt;p&gt;But in a stock market statement issued this morning Telit said: &amp;ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&amp;rdquo;&lt;/p&gt;
&lt;p&gt;Telit is a specialist in the field of wireless machine-to-machine communications (M2M).&lt;/p&gt;
&lt;p&gt;Put simply M2M enables one machine to talk to another machine via a wireless network. &amp;nbsp;&lt;/p&gt;
&lt;p&gt;Telit is the only pure play M2M company listed in London and one of the market&amp;rsquo;s big three players.&lt;/p&gt;
&lt;p&gt;In March it completed the US$23 million acquisition of Motorola&amp;rsquo;s M2M business, which made it the largest pure-play specialist in this arena.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Fri, 21 Oct 2011 07:28:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/34629/telit-communications-hit-by-project-delays-34629.html&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Trading update and full year trading outlook ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111021tcm5848q/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Fri, 21 Oct 2011 07:00:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111021tcm5848q/&lt;/guid&gt;
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	&lt;title&gt;Proactiveinvestors United Kingdom Telit Communications&lt;/title&gt;
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	&lt;description&gt;Proactiveinvestors United Kingdom Telit Communications RSS feed
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	&lt;pubDate&gt;Thu, 24 May 2012 09:50:54 +0100&lt;/pubDate&gt;
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		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Holding(s) in Company ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120521tcm7679d/&lt;/link&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Total Voting Rights ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120502tcm5342c/&lt;/link&gt;
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			&lt;pubDate&gt;Wed, 02 May 2012 07:00:00 +0100&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications continues to increase market share in m2m market ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/40710/telit-communications-continues-to-increase-market-share-in-m2m-market-40710.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;&lt;a href=&quot;http://proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) increased revenues 34.7 per cent to US$177.4 million in the year to December 31, 2011.&lt;br /&gt;&lt;br /&gt;The wireless machine-to-machine specialist said it had achieved strong growth last year and is now better placed in its bid to become a leading provider of m2m solutions worldwide.&lt;br /&gt;&lt;br /&gt;Machine-to-machine (M2M) wirelessly connects devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks and heart monitors.&lt;br /&gt;&lt;br /&gt;Telit sells its products through a network of value-added resellers to more than 5,000 communications solution providers and systems integrators in more than 60 countries.&lt;br /&gt;&lt;br /&gt;The international market is rapidly growing as wireless communications are now a must-have rather than a luxury in the business world, the firm said.&lt;br /&gt;&lt;br /&gt;Last year saw the company successfully integrate the Motorola m2m business, which was acquired last March, and it bought GlobalConect Ltd last July.&lt;br /&gt;&lt;br /&gt;The purchase of Navman Wireless OEM Solutions LP, a leading designer and manufacturer of world-class GPS modules and solutions, was completed in January this year.&lt;br /&gt;&lt;br /&gt;The company expanded its portfolio, including the development of new 3G product series, and it launched the 4G LTE programme, for the development of future Telit products complying with next-generation technologies.&lt;br /&gt;&lt;br /&gt;Telit&#039;s chief executive, Oozi Cats, said 2011 had been an important year, adding that the acquisition of GlobalConect was an additional building block in Telit&#039;s strategy to provide its customers with a full service portfolio, including value-added services such as connectivity. &lt;br /&gt;&lt;br /&gt;&quot;The achievements of 2011 also include the Navman acquisition, which will provide Telit access to new customers and products beyond the traditional m2m industry, thus strengthening our position as the premier product and consultative partner in the m2m industry,&quot; he said.&lt;br /&gt;&lt;br /&gt;&quot;Our hard work and significant investments over the past few years have created a market leading platform through which we are capitalizing on the exciting opportunities within the m2m market and continuing to increase our market share.&quot;&lt;br /&gt;&lt;br /&gt;The firm posted an operating profit for the year of US$3.5 million (2010: US$6.6mln). Pre-tax profit was US$2.2 million, compared to US$6.4 million in 2010.&lt;/p&gt; ]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 26 Mar 2012 07:52:00 +0100&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Final Results ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120326tcm0112a/&lt;/link&gt;
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			&lt;pubDate&gt;Mon, 26 Mar 2012 07:00:00 +0100&lt;/pubDate&gt;
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			&lt;pubDate&gt;Fri, 16 Mar 2012 13:40:00 +0000&lt;/pubDate&gt;
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			&lt;pubDate&gt;Tue, 06 Mar 2012 11:34:00 +0000&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Total Voting Rights ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120301tcm5071y/&lt;/link&gt;
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			&lt;pubDate&gt;Thu, 01 Mar 2012 13:41:00 +0000&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications signs global M2M agreement with O2 owner ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/39507/telit-communications-signs-global-m2m-agreement-with-o2-owner-39507.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;Wireless machine-to-machine specialist &lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) has signed a global strategic partnership with Spanish telecoms giant Telefonica, the owner of mobile phone group O2.&lt;/p&gt;
&lt;p&gt;Machine&amp;ndash;to machine (M2M) is a way to wirelessly connect devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks, heart monitors and so on.&lt;/p&gt;
&lt;p&gt;The two companies will offer a bundled package that will enable M2M customers to use Telefonica&amp;rsquo;s global wireless network with Telit&amp;rsquo;s module hardware and software technology.&lt;/p&gt;
&lt;p&gt;Oozi Cats, Telit&amp;rsquo;s chief executive, said: &amp;ldquo;This unprecedented bundle from Telit and Telefonica signals a paradigm shift in the industry because finally any M2M service or solution provider of any size can have the same quality of service, performance, pricing and support as the largest players in the industry.&quot;&lt;/p&gt;
&lt;p&gt;He added that the new service will enable M2M service providers and application developers to bring solutions more quickly to market, provide technical support over the entire product lifecycle, offer enhanced monitoring capabilities and lower tariffs for fixed and mobile applications.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;The new service will initially launch in EMEA (Europe, Middle East and Africa), South America and selected countries by the third quarter of 2012.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Telefonica has a customer base of more than 300 million customers around the world with a strong presence in Europe and Latin America. In the UK, it owns mobile group O2.&lt;/p&gt; ]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Tue, 28 Feb 2012 08:14:00 +0000&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Strategic Partnership - Telefonica ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120228tcm2277y/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Tue, 28 Feb 2012 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120228tcm2277y/&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications considering US IPO ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/38880/telit-communications-considering-us-ipo-38880.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;Machine-to-machine wireless technology specialist &lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) said it is&amp;nbsp; considering a potential initial public offering in the United States. &lt;br /&gt;&lt;br /&gt;Such an offering will be dependent upon market conditions and would be expected to occur, if at all, in the second half of 2012.&lt;br /&gt;&lt;br /&gt;Telit had announced the US$3 million acquisition of Navman OEM Solutions just before Christmas 2011, saying the deal would help it become a &amp;ldquo;contender&amp;rdquo; in the growing GPS market.&lt;br /&gt;&lt;br /&gt;It was the third deal of the year and followed on from the purchase of Motorola&amp;rsquo;s machine-to-machine business and the acquisition of connectivity services provider Globalconnect.&lt;br /&gt;&lt;br /&gt;M2M technology is described by those in the business as the &amp;lsquo;internet of things&amp;rsquo; as it connects machines and devices via wireless so they can communicate.&amp;nbsp; &lt;br /&gt;&lt;br /&gt;It is used in a variety of industrial and business fields to improve productivity. For example, in remote production environments they help to reduce the need for a human being to be on site all of the time.&lt;br /&gt;&lt;br /&gt;Vehicles with the capability can automatically notify service centres of maintenance issues. Another good example is of vending machines that can report to central warehouses when they are running low on stock.&lt;/p&gt; ]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 13 Feb 2012 07:22:00 +0000&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Consideration of Possible US IPO ]]&gt;&lt;/title&gt;
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			&lt;pubDate&gt;Mon, 13 Feb 2012 07:00:00 +0000&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Trading Statement ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120110tcm2584v/&lt;/link&gt;
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			&lt;pubDate&gt;Tue, 10 Jan 2012 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120110tcm2584v/&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Holding(s) in Company ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120104tcm9851u/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Wed, 04 Jan 2012 12:26:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120104tcm9851u/&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications to become a &#039;contender&#039; in GPS market with Navman deal ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/37183/telit-communications-to-become-a-contender-in-gps-market-with-navman-deal-37183.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;Telit Communications said it will become a &amp;ldquo;contender&amp;rdquo; in the growing GPS market with the US$3 million purchase of Navman OEM Solutions.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Wed, 21 Dec 2011 07:35:00 +0000&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Acquisition ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111221tcm3772u/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Wed, 21 Dec 2011 07:00:00 +0000&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Appointment of Nomad and Broker ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111212tcm7395t/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 12 Dec 2011 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111212tcm7395t/&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communication chief Oozi Cats increases stake in company  ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/34714/telit-communication-chief-oozi-cats-increases-stake-in-company-34714.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;
&lt;p&gt;Telit Communication&amp;rsquo;s (&lt;a href=&quot;/companies/overview/1570/telit-communications-1570.html&quot;&gt;LON:TCM&lt;/a&gt;) today told investors that chief executive Oozi Cats has bought an additional 300,000 shares at 44 pence each, increasing his stake to 19.75 per cent of the company.&lt;br /&gt;&lt;br /&gt;The transaction, which took place on Friday, may be taken by some investors as a vote of confidence from the Telit boss after the group warned of project delays on the same day.&lt;br /&gt;&lt;br /&gt;On Friday Telit revealed that delays have had an impact on revenues and profits, which will now be lower than market expectations.&lt;br /&gt;&lt;br /&gt;For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.&lt;br /&gt;&lt;br /&gt;But in a stock market statement issued this morning Telit said: &amp;ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;Telit is a specialist in the field of wireless machine-to-machine communications (M2M). Put simply M2M enables one machine to talk to another machine via a wireless network. &amp;nbsp;&lt;br /&gt;&lt;br /&gt;Telit is the only pure play M2M company listed in London and one of the market&amp;rsquo;s big three players.&lt;br /&gt;&lt;br /&gt;In March it completed the US$23 million acquisition of Motorola&amp;rsquo;s M2M business, which made it the largest pure-play specialist in this arena.&lt;/p&gt;
&lt;/p&gt;]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 24 Oct 2011 12:59:00 +0100&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Director/PDMR Shareholding ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111024tcm6957q/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 24 Oct 2011 10:10:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111024tcm6957q/&lt;/guid&gt;
		&lt;/item&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications hit by project delays ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/34629/telit-communications-hit-by-project-delays-34629.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Machine-to-machine communications specialist Telit (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot;&gt;&lt;a href=&quot;/companies/overview/1570/telit-communications-1570.html&quot;&gt;LON:TCM&lt;/a&gt;&lt;/a&gt;) said this morning revenues and profits will be lower than market expectations.&lt;/p&gt;
&lt;p&gt;It cited the delay in the deployment of a number of projects for the miss. For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.&lt;/p&gt;
&lt;p&gt;But in a stock market statement issued this morning Telit said: &amp;ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&amp;rdquo;&lt;/p&gt;
&lt;p&gt;Telit is a specialist in the field of wireless machine-to-machine communications (M2M).&lt;/p&gt;
&lt;p&gt;Put simply M2M enables one machine to talk to another machine via a wireless network. &amp;nbsp;&lt;/p&gt;
&lt;p&gt;Telit is the only pure play M2M company listed in London and one of the market&amp;rsquo;s big three players.&lt;/p&gt;
&lt;p&gt;In March it completed the US$23 million acquisition of Motorola&amp;rsquo;s M2M business, which made it the largest pure-play specialist in this arena.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Fri, 21 Oct 2011 07:28:00 +0100&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Trading update and full year trading outlook ]]&gt;&lt;/title&gt;
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			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Fri, 21 Oct 2011 07:00:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111021tcm5848q/&lt;/guid&gt;
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	"title" => "RNS press release - Holding(s) in Company",
	"pubdate" => "2012-05-21 14:14:00",
	"seftitle" => "",
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	"id" => "40710",
	"title" => "News - Telit Communications continues to increase market share in m2m market",
	"pubdate" => "2012-03-26 07:52:00",
	"seftitle" => "telit-communications-continues-to-increase-market-share-in-m2m-market-40710.html",
	"description" => "&lt;p&gt;&lt;a href=&quot;http://proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) increased revenues 34.7 per cent to US$177.4 million in the year to December 31, 2011.&lt;br /&gt;&lt;br /&gt;The wireless machine-to-machine specialist said it had achieved strong growth last year and is now better placed in its bid to become a leading provider of m2m solutions worldwide.&lt;br /&gt;&lt;br /&gt;Machine-to-machine (M2M) wirelessly connects devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks and heart monitors.&lt;br /&gt;&lt;br /&gt;Telit sells its products through a network of value-added resellers to more than 5,000 communications solution providers and systems integrators in more than 60 countries.&lt;br /&gt;&lt;br /&gt;The international market is rapidly growing as wireless communications are now a must-have rather than a luxury in the business world, the firm said.&lt;br /&gt;&lt;br /&gt;Last year saw the company successfully integrate the Motorola m2m business, which was acquired last March, and it bought GlobalConect Ltd last July.&lt;br /&gt;&lt;br /&gt;The purchase of Navman Wireless OEM Solutions LP, a leading designer and manufacturer of world-class GPS modules and solutions, was completed in January this year.&lt;br /&gt;&lt;br /&gt;The company expanded its portfolio, including the development of new 3G product series, and it launched the 4G LTE programme, for the development of future Telit products complying with next-generation technologies.&lt;br /&gt;&lt;br /&gt;Telit&#039;s chief executive, Oozi Cats, said 2011 had been an important year, adding that the acquisition of GlobalConect was an additional building block in Telit&#039;s strategy to provide its customers with a full service portfolio, including value-added services such as connectivity. &lt;br /&gt;&lt;br /&gt;&quot;The achievements of 2011 also include the Navman acquisition, which will provide Telit access to new customers and products beyond the traditional m2m industry, thus strengthening our position as the premier product and consultative partner in the m2m industry,&quot; he said.&lt;br /&gt;&lt;br /&gt;&quot;Our hard work and significant investments over the past few years have created a market leading platform through which we are capitalizing on the exciting opportunities within the m2m market and continuing to increase our market share.&quot;&lt;br /&gt;&lt;br /&gt;The firm posted an operating profit for the year of US$3.5 million (2010: US$6.6mln). Pre-tax profit was US$2.2 million, compared to US$6.4 million in 2010.&lt;/p&gt; ",
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	"title" => "RNS press release - Final Results",
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	"title" => "RNS press release - Holding(s) in Company",
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	"seftitle" => "",
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	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120306tcm7745y/"
),
	array(
	"id" => "120301tcm5071y",
	"title" => "RNS press release - Total Voting Rights",
	"pubdate" => "2012-03-01 13:41:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120301tcm5071y/"
),
	array(
	"id" => "39507",
	"title" => "News - Telit Communications signs global M2M agreement with O2 owner",
	"pubdate" => "2012-02-28 08:14:00",
	"seftitle" => "telit-communications-signs-global-m2m-agreement-with-o2-owner-39507.html",
	"description" => "&lt;p&gt;Wireless machine-to-machine specialist &lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) has signed a global strategic partnership with Spanish telecoms giant Telefonica, the owner of mobile phone group O2.&lt;/p&gt;
&lt;p&gt;Machine&amp;ndash;to machine (M2M) is a way to wirelessly connect devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks, heart monitors and so on.&lt;/p&gt;
&lt;p&gt;The two companies will offer a bundled package that will enable M2M customers to use Telefonica&amp;rsquo;s global wireless network with Telit&amp;rsquo;s module hardware and software technology.&lt;/p&gt;
&lt;p&gt;Oozi Cats, Telit&amp;rsquo;s chief executive, said: &amp;ldquo;This unprecedented bundle from Telit and Telefonica signals a paradigm shift in the industry because finally any M2M service or solution provider of any size can have the same quality of service, performance, pricing and support as the largest players in the industry.&quot;&lt;/p&gt;
&lt;p&gt;He added that the new service will enable M2M service providers and application developers to bring solutions more quickly to market, provide technical support over the entire product lifecycle, offer enhanced monitoring capabilities and lower tariffs for fixed and mobile applications.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;The new service will initially launch in EMEA (Europe, Middle East and Africa), South America and selected countries by the third quarter of 2012.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Telefonica has a customer base of more than 300 million customers around the world with a strong presence in Europe and Latin America. In the UK, it owns mobile group O2.&lt;/p&gt; ",
	"link" => "http://www.proactiveinvestors.co.uk/companies/news/39507/telit-communications-signs-global-m2m-agreement-with-o2-owner-39507.html"
),
	array(
	"id" => "120228tcm2277y",
	"title" => "RNS press release - Strategic Partnership - Telefonica",
	"pubdate" => "2012-02-28 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120228tcm2277y/"
),
	array(
	"id" => "38880",
	"title" => "News - Telit Communications considering US IPO",
	"pubdate" => "2012-02-13 07:22:00",
	"seftitle" => "telit-communications-considering-us-ipo-38880.html",
	"description" => "&lt;p&gt;Machine-to-machine wireless technology specialist &lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) said it is&amp;nbsp; considering a potential initial public offering in the United States. &lt;br /&gt;&lt;br /&gt;Such an offering will be dependent upon market conditions and would be expected to occur, if at all, in the second half of 2012.&lt;br /&gt;&lt;br /&gt;Telit had announced the US$3 million acquisition of Navman OEM Solutions just before Christmas 2011, saying the deal would help it become a &amp;ldquo;contender&amp;rdquo; in the growing GPS market.&lt;br /&gt;&lt;br /&gt;It was the third deal of the year and followed on from the purchase of Motorola&amp;rsquo;s machine-to-machine business and the acquisition of connectivity services provider Globalconnect.&lt;br /&gt;&lt;br /&gt;M2M technology is described by those in the business as the &amp;lsquo;internet of things&amp;rsquo; as it connects machines and devices via wireless so they can communicate.&amp;nbsp; &lt;br /&gt;&lt;br /&gt;It is used in a variety of industrial and business fields to improve productivity. For example, in remote production environments they help to reduce the need for a human being to be on site all of the time.&lt;br /&gt;&lt;br /&gt;Vehicles with the capability can automatically notify service centres of maintenance issues. Another good example is of vending machines that can report to central warehouses when they are running low on stock.&lt;/p&gt; ",
	"link" => "http://www.proactiveinvestors.co.uk/companies/news/38880/telit-communications-considering-us-ipo-38880.html"
),
	array(
	"id" => "120213tcm2634x",
	"title" => "RNS press release - Consideration of Possible US IPO",
	"pubdate" => "2012-02-13 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120213tcm2634x/"
),
	array(
	"id" => "120110tcm2584v",
	"title" => "RNS press release - Trading Statement",
	"pubdate" => "2012-01-10 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120110tcm2584v/"
),
	array(
	"id" => "120104tcm9851u",
	"title" => "RNS press release - Holding(s) in Company",
	"pubdate" => "2012-01-04 12:26:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120104tcm9851u/"
),
	array(
	"id" => "37183",
	"title" => "News - Telit Communications to become a &#039;contender&#039; in GPS market with Navman deal",
	"pubdate" => "2011-12-21 07:35:00",
	"seftitle" => "telit-communications-to-become-a-contender-in-gps-market-with-navman-deal-37183.html",
	"description" => "&lt;p&gt;Telit Communications said it will become a &amp;ldquo;contender&amp;rdquo; in the growing GPS market with the US$3 million purchase of Navman OEM Solutions.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;",
	"link" => "http://www.proactiveinvestors.co.uk/companies/news/37183/telit-communications-to-become-a-contender-in-gps-market-with-navman-deal-37183.html"
),
	array(
	"id" => "111221tcm3772u",
	"title" => "RNS press release - Acquisition",
	"pubdate" => "2011-12-21 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/111221tcm3772u/"
),
	array(
	"id" => "111212tcm7395t",
	"title" => "RNS press release - Appointment of Nomad and Broker",
	"pubdate" => "2011-12-12 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/111212tcm7395t/"
),
	array(
	"id" => "34714",
	"title" => "News - Telit Communication chief Oozi Cats increases stake in company ",
	"pubdate" => "2011-10-24 12:59:00",
	"seftitle" => "telit-communication-chief-oozi-cats-increases-stake-in-company-34714.html",
	"description" => "&lt;p&gt;
&lt;p&gt;Telit Communication&amp;rsquo;s (&lt;a href=&quot;/companies/overview/1570/telit-communications-1570.html&quot;&gt;LON:TCM&lt;/a&gt;) today told investors that chief executive Oozi Cats has bought an additional 300,000 shares at 44 pence each, increasing his stake to 19.75 per cent of the company.&lt;br /&gt;&lt;br /&gt;The transaction, which took place on Friday, may be taken by some investors as a vote of confidence from the Telit boss after the group warned of project delays on the same day.&lt;br /&gt;&lt;br /&gt;On Friday Telit revealed that delays have had an impact on revenues and profits, which will now be lower than market expectations.&lt;br /&gt;&lt;br /&gt;For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.&lt;br /&gt;&lt;br /&gt;But in a stock market statement issued this morning Telit said: &amp;ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;Telit is a specialist in the field of wireless machine-to-machine communications (M2M). Put simply M2M enables one machine to talk to another machine via a wireless network. &amp;nbsp;&lt;br /&gt;&lt;br /&gt;Telit is the only pure play M2M company listed in London and one of the market&amp;rsquo;s big three players.&lt;br /&gt;&lt;br /&gt;In March it completed the US$23 million acquisition of Motorola&amp;rsquo;s M2M business, which made it the largest pure-play specialist in this arena.&lt;/p&gt;
&lt;/p&gt;",
	"link" => "http://www.proactiveinvestors.co.uk/companies/news/34714/telit-communication-chief-oozi-cats-increases-stake-in-company-34714.html"
),
	array(
	"id" => "111024tcm6957q",
	"title" => "RNS press release - Director/PDMR Shareholding",
	"pubdate" => "2011-10-24 10:10:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/111024tcm6957q/"
),
	array(
	"id" => "34629",
	"title" => "News - Telit Communications hit by project delays",
	"pubdate" => "2011-10-21 07:28:00",
	"seftitle" => "telit-communications-hit-by-project-delays-34629.html",
	"description" => "&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Machine-to-machine communications specialist Telit (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot;&gt;&lt;a href=&quot;/companies/overview/1570/telit-communications-1570.html&quot;&gt;LON:TCM&lt;/a&gt;&lt;/a&gt;) said this morning revenues and profits will be lower than market expectations.&lt;/p&gt;
&lt;p&gt;It cited the delay in the deployment of a number of projects for the miss. For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.&lt;/p&gt;
&lt;p&gt;But in a stock market statement issued this morning Telit said: &amp;ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&amp;rdquo;&lt;/p&gt;
&lt;p&gt;Telit is a specialist in the field of wireless machine-to-machine communications (M2M).&lt;/p&gt;
&lt;p&gt;Put simply M2M enables one machine to talk to another machine via a wireless network. &amp;nbsp;&lt;/p&gt;
&lt;p&gt;Telit is the only pure play M2M company listed in London and one of the market&amp;rsquo;s big three players.&lt;/p&gt;
&lt;p&gt;In March it completed the US$23 million acquisition of Motorola&amp;rsquo;s M2M business, which made it the largest pure-play specialist in this arena.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;",
	"link" => "http://www.proactiveinvestors.co.uk/companies/news/34629/telit-communications-hit-by-project-delays-34629.html"
),
	array(
	"id" => "111021tcm5848q",
	"title" => "RNS press release - Trading update and full year trading outlook",
	"pubdate" => "2011-10-21 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/111021tcm5848q/"
)
)
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			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120502tcm5342c/&lt;/link&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications continues to increase market share in m2m market ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/40710/telit-communications-continues-to-increase-market-share-in-m2m-market-40710.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;&lt;a href=&quot;http://proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) increased revenues 34.7 per cent to US$177.4 million in the year to December 31, 2011.&lt;br /&gt;&lt;br /&gt;The wireless machine-to-machine specialist said it had achieved strong growth last year and is now better placed in its bid to become a leading provider of m2m solutions worldwide.&lt;br /&gt;&lt;br /&gt;Machine-to-machine (M2M) wirelessly connects devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks and heart monitors.&lt;br /&gt;&lt;br /&gt;Telit sells its products through a network of value-added resellers to more than 5,000 communications solution providers and systems integrators in more than 60 countries.&lt;br /&gt;&lt;br /&gt;The international market is rapidly growing as wireless communications are now a must-have rather than a luxury in the business world, the firm said.&lt;br /&gt;&lt;br /&gt;Last year saw the company successfully integrate the Motorola m2m business, which was acquired last March, and it bought GlobalConect Ltd last July.&lt;br /&gt;&lt;br /&gt;The purchase of Navman Wireless OEM Solutions LP, a leading designer and manufacturer of world-class GPS modules and solutions, was completed in January this year.&lt;br /&gt;&lt;br /&gt;The company expanded its portfolio, including the development of new 3G product series, and it launched the 4G LTE programme, for the development of future Telit products complying with next-generation technologies.&lt;br /&gt;&lt;br /&gt;Telit&#039;s chief executive, Oozi Cats, said 2011 had been an important year, adding that the acquisition of GlobalConect was an additional building block in Telit&#039;s strategy to provide its customers with a full service portfolio, including value-added services such as connectivity. &lt;br /&gt;&lt;br /&gt;&quot;The achievements of 2011 also include the Navman acquisition, which will provide Telit access to new customers and products beyond the traditional m2m industry, thus strengthening our position as the premier product and consultative partner in the m2m industry,&quot; he said.&lt;br /&gt;&lt;br /&gt;&quot;Our hard work and significant investments over the past few years have created a market leading platform through which we are capitalizing on the exciting opportunities within the m2m market and continuing to increase our market share.&quot;&lt;br /&gt;&lt;br /&gt;The firm posted an operating profit for the year of US$3.5 million (2010: US$6.6mln). Pre-tax profit was US$2.2 million, compared to US$6.4 million in 2010.&lt;/p&gt; ]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 26 Mar 2012 07:52:00 +0100&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications signs global M2M agreement with O2 owner ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/39507/telit-communications-signs-global-m2m-agreement-with-o2-owner-39507.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;Wireless machine-to-machine specialist &lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) has signed a global strategic partnership with Spanish telecoms giant Telefonica, the owner of mobile phone group O2.&lt;/p&gt;
&lt;p&gt;Machine&amp;ndash;to machine (M2M) is a way to wirelessly connect devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks, heart monitors and so on.&lt;/p&gt;
&lt;p&gt;The two companies will offer a bundled package that will enable M2M customers to use Telefonica&amp;rsquo;s global wireless network with Telit&amp;rsquo;s module hardware and software technology.&lt;/p&gt;
&lt;p&gt;Oozi Cats, Telit&amp;rsquo;s chief executive, said: &amp;ldquo;This unprecedented bundle from Telit and Telefonica signals a paradigm shift in the industry because finally any M2M service or solution provider of any size can have the same quality of service, performance, pricing and support as the largest players in the industry.&quot;&lt;/p&gt;
&lt;p&gt;He added that the new service will enable M2M service providers and application developers to bring solutions more quickly to market, provide technical support over the entire product lifecycle, offer enhanced monitoring capabilities and lower tariffs for fixed and mobile applications.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;The new service will initially launch in EMEA (Europe, Middle East and Africa), South America and selected countries by the third quarter of 2012.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Telefonica has a customer base of more than 300 million customers around the world with a strong presence in Europe and Latin America. In the UK, it owns mobile group O2.&lt;/p&gt; ]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Tue, 28 Feb 2012 08:14:00 +0000&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Strategic Partnership - Telefonica ]]&gt;&lt;/title&gt;
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			&lt;pubDate&gt;Tue, 28 Feb 2012 07:00:00 +0000&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications considering US IPO ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/38880/telit-communications-considering-us-ipo-38880.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;Machine-to-machine wireless technology specialist &lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) said it is&amp;nbsp; considering a potential initial public offering in the United States. &lt;br /&gt;&lt;br /&gt;Such an offering will be dependent upon market conditions and would be expected to occur, if at all, in the second half of 2012.&lt;br /&gt;&lt;br /&gt;Telit had announced the US$3 million acquisition of Navman OEM Solutions just before Christmas 2011, saying the deal would help it become a &amp;ldquo;contender&amp;rdquo; in the growing GPS market.&lt;br /&gt;&lt;br /&gt;It was the third deal of the year and followed on from the purchase of Motorola&amp;rsquo;s machine-to-machine business and the acquisition of connectivity services provider Globalconnect.&lt;br /&gt;&lt;br /&gt;M2M technology is described by those in the business as the &amp;lsquo;internet of things&amp;rsquo; as it connects machines and devices via wireless so they can communicate.&amp;nbsp; &lt;br /&gt;&lt;br /&gt;It is used in a variety of industrial and business fields to improve productivity. For example, in remote production environments they help to reduce the need for a human being to be on site all of the time.&lt;br /&gt;&lt;br /&gt;Vehicles with the capability can automatically notify service centres of maintenance issues. Another good example is of vending machines that can report to central warehouses when they are running low on stock.&lt;/p&gt; ]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 13 Feb 2012 07:22:00 +0000&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Consideration of Possible US IPO ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120213tcm2634x/&lt;/link&gt;
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			&lt;pubDate&gt;Mon, 13 Feb 2012 07:00:00 +0000&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Trading Statement ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120110tcm2584v/&lt;/link&gt;
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			&lt;pubDate&gt;Tue, 10 Jan 2012 07:00:00 +0000&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Holding(s) in Company ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120104tcm9851u/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Wed, 04 Jan 2012 12:26:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120104tcm9851u/&lt;/guid&gt;
		&lt;/item&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications to become a &#039;contender&#039; in GPS market with Navman deal ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/37183/telit-communications-to-become-a-contender-in-gps-market-with-navman-deal-37183.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;Telit Communications said it will become a &amp;ldquo;contender&amp;rdquo; in the growing GPS market with the US$3 million purchase of Navman OEM Solutions.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Wed, 21 Dec 2011 07:35:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/37183/telit-communications-to-become-a-contender-in-gps-market-with-navman-deal-37183.html&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Acquisition ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111221tcm3772u/&lt;/link&gt;
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			&lt;pubDate&gt;Wed, 21 Dec 2011 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111221tcm3772u/&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Appointment of Nomad and Broker ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111212tcm7395t/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 12 Dec 2011 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111212tcm7395t/&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communication chief Oozi Cats increases stake in company  ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/34714/telit-communication-chief-oozi-cats-increases-stake-in-company-34714.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;
&lt;p&gt;Telit Communication&amp;rsquo;s (&lt;a href=&quot;/companies/overview/1570/telit-communications-1570.html&quot;&gt;LON:TCM&lt;/a&gt;) today told investors that chief executive Oozi Cats has bought an additional 300,000 shares at 44 pence each, increasing his stake to 19.75 per cent of the company.&lt;br /&gt;&lt;br /&gt;The transaction, which took place on Friday, may be taken by some investors as a vote of confidence from the Telit boss after the group warned of project delays on the same day.&lt;br /&gt;&lt;br /&gt;On Friday Telit revealed that delays have had an impact on revenues and profits, which will now be lower than market expectations.&lt;br /&gt;&lt;br /&gt;For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.&lt;br /&gt;&lt;br /&gt;But in a stock market statement issued this morning Telit said: &amp;ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;Telit is a specialist in the field of wireless machine-to-machine communications (M2M). Put simply M2M enables one machine to talk to another machine via a wireless network. &amp;nbsp;&lt;br /&gt;&lt;br /&gt;Telit is the only pure play M2M company listed in London and one of the market&amp;rsquo;s big three players.&lt;br /&gt;&lt;br /&gt;In March it completed the US$23 million acquisition of Motorola&amp;rsquo;s M2M business, which made it the largest pure-play specialist in this arena.&lt;/p&gt;
&lt;/p&gt;]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 24 Oct 2011 12:59:00 +0100&lt;/pubDate&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Director/PDMR Shareholding ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111024tcm6957q/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 24 Oct 2011 10:10:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111024tcm6957q/&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications hit by project delays ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/34629/telit-communications-hit-by-project-delays-34629.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Machine-to-machine communications specialist Telit (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot;&gt;&lt;a href=&quot;/companies/overview/1570/telit-communications-1570.html&quot;&gt;LON:TCM&lt;/a&gt;&lt;/a&gt;) said this morning revenues and profits will be lower than market expectations.&lt;/p&gt;
&lt;p&gt;It cited the delay in the deployment of a number of projects for the miss. For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.&lt;/p&gt;
&lt;p&gt;But in a stock market statement issued this morning Telit said: &amp;ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&amp;rdquo;&lt;/p&gt;
&lt;p&gt;Telit is a specialist in the field of wireless machine-to-machine communications (M2M).&lt;/p&gt;
&lt;p&gt;Put simply M2M enables one machine to talk to another machine via a wireless network. &amp;nbsp;&lt;/p&gt;
&lt;p&gt;Telit is the only pure play M2M company listed in London and one of the market&amp;rsquo;s big three players.&lt;/p&gt;
&lt;p&gt;In March it completed the US$23 million acquisition of Motorola&amp;rsquo;s M2M business, which made it the largest pure-play specialist in this arena.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Fri, 21 Oct 2011 07:28:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/34629/telit-communications-hit-by-project-delays-34629.html&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Trading update and full year trading outlook ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111021tcm5848q/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Fri, 21 Oct 2011 07:00:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111021tcm5848q/&lt;/guid&gt;
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	&lt;title&gt;Proactiveinvestors United Kingdom Telit Communications&lt;/title&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Total Voting Rights ]]&gt;&lt;/title&gt;
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications continues to increase market share in m2m market ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/40710/telit-communications-continues-to-increase-market-share-in-m2m-market-40710.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;&lt;a href=&quot;http://proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) increased revenues 34.7 per cent to US$177.4 million in the year to December 31, 2011.&lt;br /&gt;&lt;br /&gt;The wireless machine-to-machine specialist said it had achieved strong growth last year and is now better placed in its bid to become a leading provider of m2m solutions worldwide.&lt;br /&gt;&lt;br /&gt;Machine-to-machine (M2M) wirelessly connects devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks and heart monitors.&lt;br /&gt;&lt;br /&gt;Telit sells its products through a network of value-added resellers to more than 5,000 communications solution providers and systems integrators in more than 60 countries.&lt;br /&gt;&lt;br /&gt;The international market is rapidly growing as wireless communications are now a must-have rather than a luxury in the business world, the firm said.&lt;br /&gt;&lt;br /&gt;Last year saw the company successfully integrate the Motorola m2m business, which was acquired last March, and it bought GlobalConect Ltd last July.&lt;br /&gt;&lt;br /&gt;The purchase of Navman Wireless OEM Solutions LP, a leading designer and manufacturer of world-class GPS modules and solutions, was completed in January this year.&lt;br /&gt;&lt;br /&gt;The company expanded its portfolio, including the development of new 3G product series, and it launched the 4G LTE programme, for the development of future Telit products complying with next-generation technologies.&lt;br /&gt;&lt;br /&gt;Telit&#039;s chief executive, Oozi Cats, said 2011 had been an important year, adding that the acquisition of GlobalConect was an additional building block in Telit&#039;s strategy to provide its customers with a full service portfolio, including value-added services such as connectivity. &lt;br /&gt;&lt;br /&gt;&quot;The achievements of 2011 also include the Navman acquisition, which will provide Telit access to new customers and products beyond the traditional m2m industry, thus strengthening our position as the premier product and consultative partner in the m2m industry,&quot; he said.&lt;br /&gt;&lt;br /&gt;&quot;Our hard work and significant investments over the past few years have created a market leading platform through which we are capitalizing on the exciting opportunities within the m2m market and continuing to increase our market share.&quot;&lt;br /&gt;&lt;br /&gt;The firm posted an operating profit for the year of US$3.5 million (2010: US$6.6mln). Pre-tax profit was US$2.2 million, compared to US$6.4 million in 2010.&lt;/p&gt; ]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 26 Mar 2012 07:52:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/40710/telit-communications-continues-to-increase-market-share-in-m2m-market-40710.html&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Final Results ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120326tcm0112a/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 26 Mar 2012 07:00:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120326tcm0112a/&lt;/guid&gt;
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		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Holding(s) in Company ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120316tcm5303z/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Fri, 16 Mar 2012 13:40:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120316tcm5303z/&lt;/guid&gt;
		&lt;/item&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Holding(s) in Company ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120306tcm7745y/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Tue, 06 Mar 2012 11:34:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120306tcm7745y/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Total Voting Rights ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120301tcm5071y/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Thu, 01 Mar 2012 13:41:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120301tcm5071y/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[News - Telit Communications signs global M2M agreement with O2 owner ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/39507/telit-communications-signs-global-m2m-agreement-with-o2-owner-39507.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;Wireless machine-to-machine specialist &lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) has signed a global strategic partnership with Spanish telecoms giant Telefonica, the owner of mobile phone group O2.&lt;/p&gt;
&lt;p&gt;Machine&amp;ndash;to machine (M2M) is a way to wirelessly connect devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks, heart monitors and so on.&lt;/p&gt;
&lt;p&gt;The two companies will offer a bundled package that will enable M2M customers to use Telefonica&amp;rsquo;s global wireless network with Telit&amp;rsquo;s module hardware and software technology.&lt;/p&gt;
&lt;p&gt;Oozi Cats, Telit&amp;rsquo;s chief executive, said: &amp;ldquo;This unprecedented bundle from Telit and Telefonica signals a paradigm shift in the industry because finally any M2M service or solution provider of any size can have the same quality of service, performance, pricing and support as the largest players in the industry.&quot;&lt;/p&gt;
&lt;p&gt;He added that the new service will enable M2M service providers and application developers to bring solutions more quickly to market, provide technical support over the entire product lifecycle, offer enhanced monitoring capabilities and lower tariffs for fixed and mobile applications.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;The new service will initially launch in EMEA (Europe, Middle East and Africa), South America and selected countries by the third quarter of 2012.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Telefonica has a customer base of more than 300 million customers around the world with a strong presence in Europe and Latin America. In the UK, it owns mobile group O2.&lt;/p&gt; ]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Tue, 28 Feb 2012 08:14:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/39507/telit-communications-signs-global-m2m-agreement-with-o2-owner-39507.html&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Strategic Partnership - Telefonica ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120228tcm2277y/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Tue, 28 Feb 2012 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120228tcm2277y/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[News - Telit Communications considering US IPO ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/38880/telit-communications-considering-us-ipo-38880.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;Machine-to-machine wireless technology specialist &lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) said it is&amp;nbsp; considering a potential initial public offering in the United States. &lt;br /&gt;&lt;br /&gt;Such an offering will be dependent upon market conditions and would be expected to occur, if at all, in the second half of 2012.&lt;br /&gt;&lt;br /&gt;Telit had announced the US$3 million acquisition of Navman OEM Solutions just before Christmas 2011, saying the deal would help it become a &amp;ldquo;contender&amp;rdquo; in the growing GPS market.&lt;br /&gt;&lt;br /&gt;It was the third deal of the year and followed on from the purchase of Motorola&amp;rsquo;s machine-to-machine business and the acquisition of connectivity services provider Globalconnect.&lt;br /&gt;&lt;br /&gt;M2M technology is described by those in the business as the &amp;lsquo;internet of things&amp;rsquo; as it connects machines and devices via wireless so they can communicate.&amp;nbsp; &lt;br /&gt;&lt;br /&gt;It is used in a variety of industrial and business fields to improve productivity. For example, in remote production environments they help to reduce the need for a human being to be on site all of the time.&lt;br /&gt;&lt;br /&gt;Vehicles with the capability can automatically notify service centres of maintenance issues. Another good example is of vending machines that can report to central warehouses when they are running low on stock.&lt;/p&gt; ]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 13 Feb 2012 07:22:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/38880/telit-communications-considering-us-ipo-38880.html&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Consideration of Possible US IPO ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120213tcm2634x/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 13 Feb 2012 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120213tcm2634x/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Trading Statement ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120110tcm2584v/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Tue, 10 Jan 2012 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120110tcm2584v/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Holding(s) in Company ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120104tcm9851u/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Wed, 04 Jan 2012 12:26:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120104tcm9851u/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[News - Telit Communications to become a &#039;contender&#039; in GPS market with Navman deal ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/37183/telit-communications-to-become-a-contender-in-gps-market-with-navman-deal-37183.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;Telit Communications said it will become a &amp;ldquo;contender&amp;rdquo; in the growing GPS market with the US$3 million purchase of Navman OEM Solutions.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Wed, 21 Dec 2011 07:35:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/37183/telit-communications-to-become-a-contender-in-gps-market-with-navman-deal-37183.html&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Acquisition ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111221tcm3772u/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Wed, 21 Dec 2011 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111221tcm3772u/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Appointment of Nomad and Broker ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111212tcm7395t/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 12 Dec 2011 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111212tcm7395t/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[News - Telit Communication chief Oozi Cats increases stake in company  ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/34714/telit-communication-chief-oozi-cats-increases-stake-in-company-34714.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;
&lt;p&gt;Telit Communication&amp;rsquo;s (&lt;a href=&quot;/companies/overview/1570/telit-communications-1570.html&quot;&gt;LON:TCM&lt;/a&gt;) today told investors that chief executive Oozi Cats has bought an additional 300,000 shares at 44 pence each, increasing his stake to 19.75 per cent of the company.&lt;br /&gt;&lt;br /&gt;The transaction, which took place on Friday, may be taken by some investors as a vote of confidence from the Telit boss after the group warned of project delays on the same day.&lt;br /&gt;&lt;br /&gt;On Friday Telit revealed that delays have had an impact on revenues and profits, which will now be lower than market expectations.&lt;br /&gt;&lt;br /&gt;For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.&lt;br /&gt;&lt;br /&gt;But in a stock market statement issued this morning Telit said: &amp;ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;Telit is a specialist in the field of wireless machine-to-machine communications (M2M). Put simply M2M enables one machine to talk to another machine via a wireless network. &amp;nbsp;&lt;br /&gt;&lt;br /&gt;Telit is the only pure play M2M company listed in London and one of the market&amp;rsquo;s big three players.&lt;br /&gt;&lt;br /&gt;In March it completed the US$23 million acquisition of Motorola&amp;rsquo;s M2M business, which made it the largest pure-play specialist in this arena.&lt;/p&gt;
&lt;/p&gt;]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 24 Oct 2011 12:59:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/34714/telit-communication-chief-oozi-cats-increases-stake-in-company-34714.html&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Director/PDMR Shareholding ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111024tcm6957q/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 24 Oct 2011 10:10:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111024tcm6957q/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[News - Telit Communications hit by project delays ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/34629/telit-communications-hit-by-project-delays-34629.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Machine-to-machine communications specialist Telit (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot;&gt;&lt;a href=&quot;/companies/overview/1570/telit-communications-1570.html&quot;&gt;LON:TCM&lt;/a&gt;&lt;/a&gt;) said this morning revenues and profits will be lower than market expectations.&lt;/p&gt;
&lt;p&gt;It cited the delay in the deployment of a number of projects for the miss. For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.&lt;/p&gt;
&lt;p&gt;But in a stock market statement issued this morning Telit said: &amp;ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&amp;rdquo;&lt;/p&gt;
&lt;p&gt;Telit is a specialist in the field of wireless machine-to-machine communications (M2M).&lt;/p&gt;
&lt;p&gt;Put simply M2M enables one machine to talk to another machine via a wireless network. &amp;nbsp;&lt;/p&gt;
&lt;p&gt;Telit is the only pure play M2M company listed in London and one of the market&amp;rsquo;s big three players.&lt;/p&gt;
&lt;p&gt;In March it completed the US$23 million acquisition of Motorola&amp;rsquo;s M2M business, which made it the largest pure-play specialist in this arena.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Fri, 21 Oct 2011 07:28:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/34629/telit-communications-hit-by-project-delays-34629.html&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Trading update and full year trading outlook ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111021tcm5848q/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Fri, 21 Oct 2011 07:00:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111021tcm5848q/&lt;/guid&gt;
		&lt;/item&gt;
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	array(
	"id" => "120521tcm7679d",
	"title" => "RNS press release - Holding(s) in Company",
	"pubdate" => "2012-05-21 14:14:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120521tcm7679d/"
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	"id" => "120502tcm5342c",
	"title" => "RNS press release - Total Voting Rights",
	"pubdate" => "2012-05-02 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120502tcm5342c/"
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	array(
	"id" => "40710",
	"title" => "News - Telit Communications continues to increase market share in m2m market",
	"pubdate" => "2012-03-26 07:52:00",
	"seftitle" => "telit-communications-continues-to-increase-market-share-in-m2m-market-40710.html",
	"description" => "&lt;p&gt;&lt;a href=&quot;http://proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) increased revenues 34.7 per cent to US$177.4 million in the year to December 31, 2011.&lt;br /&gt;&lt;br /&gt;The wireless machine-to-machine specialist said it had achieved strong growth last year and is now better placed in its bid to become a leading provider of m2m solutions worldwide.&lt;br /&gt;&lt;br /&gt;Machine-to-machine (M2M) wirelessly connects devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks and heart monitors.&lt;br /&gt;&lt;br /&gt;Telit sells its products through a network of value-added resellers to more than 5,000 communications solution providers and systems integrators in more than 60 countries.&lt;br /&gt;&lt;br /&gt;The international market is rapidly growing as wireless communications are now a must-have rather than a luxury in the business world, the firm said.&lt;br /&gt;&lt;br /&gt;Last year saw the company successfully integrate the Motorola m2m business, which was acquired last March, and it bought GlobalConect Ltd last July.&lt;br /&gt;&lt;br /&gt;The purchase of Navman Wireless OEM Solutions LP, a leading designer and manufacturer of world-class GPS modules and solutions, was completed in January this year.&lt;br /&gt;&lt;br /&gt;The company expanded its portfolio, including the development of new 3G product series, and it launched the 4G LTE programme, for the development of future Telit products complying with next-generation technologies.&lt;br /&gt;&lt;br /&gt;Telit&#039;s chief executive, Oozi Cats, said 2011 had been an important year, adding that the acquisition of GlobalConect was an additional building block in Telit&#039;s strategy to provide its customers with a full service portfolio, including value-added services such as connectivity. &lt;br /&gt;&lt;br /&gt;&quot;The achievements of 2011 also include the Navman acquisition, which will provide Telit access to new customers and products beyond the traditional m2m industry, thus strengthening our position as the premier product and consultative partner in the m2m industry,&quot; he said.&lt;br /&gt;&lt;br /&gt;&quot;Our hard work and significant investments over the past few years have created a market leading platform through which we are capitalizing on the exciting opportunities within the m2m market and continuing to increase our market share.&quot;&lt;br /&gt;&lt;br /&gt;The firm posted an operating profit for the year of US$3.5 million (2010: US$6.6mln). Pre-tax profit was US$2.2 million, compared to US$6.4 million in 2010.&lt;/p&gt; ",
	"link" => "http://www.proactiveinvestors.co.uk/companies/news/40710/telit-communications-continues-to-increase-market-share-in-m2m-market-40710.html"
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	array(
	"id" => "120326tcm0112a",
	"title" => "RNS press release - Final Results",
	"pubdate" => "2012-03-26 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120326tcm0112a/"
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	array(
	"id" => "120316tcm5303z",
	"title" => "RNS press release - Holding(s) in Company",
	"pubdate" => "2012-03-16 13:40:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120316tcm5303z/"
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	array(
	"id" => "120306tcm7745y",
	"title" => "RNS press release - Holding(s) in Company",
	"pubdate" => "2012-03-06 11:34:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120306tcm7745y/"
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	"title" => "RNS press release - Total Voting Rights",
	"pubdate" => "2012-03-01 13:41:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120301tcm5071y/"
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	array(
	"id" => "39507",
	"title" => "News - Telit Communications signs global M2M agreement with O2 owner",
	"pubdate" => "2012-02-28 08:14:00",
	"seftitle" => "telit-communications-signs-global-m2m-agreement-with-o2-owner-39507.html",
	"description" => "&lt;p&gt;Wireless machine-to-machine specialist &lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) has signed a global strategic partnership with Spanish telecoms giant Telefonica, the owner of mobile phone group O2.&lt;/p&gt;
&lt;p&gt;Machine&amp;ndash;to machine (M2M) is a way to wirelessly connect devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks, heart monitors and so on.&lt;/p&gt;
&lt;p&gt;The two companies will offer a bundled package that will enable M2M customers to use Telefonica&amp;rsquo;s global wireless network with Telit&amp;rsquo;s module hardware and software technology.&lt;/p&gt;
&lt;p&gt;Oozi Cats, Telit&amp;rsquo;s chief executive, said: &amp;ldquo;This unprecedented bundle from Telit and Telefonica signals a paradigm shift in the industry because finally any M2M service or solution provider of any size can have the same quality of service, performance, pricing and support as the largest players in the industry.&quot;&lt;/p&gt;
&lt;p&gt;He added that the new service will enable M2M service providers and application developers to bring solutions more quickly to market, provide technical support over the entire product lifecycle, offer enhanced monitoring capabilities and lower tariffs for fixed and mobile applications.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;The new service will initially launch in EMEA (Europe, Middle East and Africa), South America and selected countries by the third quarter of 2012.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Telefonica has a customer base of more than 300 million customers around the world with a strong presence in Europe and Latin America. In the UK, it owns mobile group O2.&lt;/p&gt; ",
	"link" => "http://www.proactiveinvestors.co.uk/companies/news/39507/telit-communications-signs-global-m2m-agreement-with-o2-owner-39507.html"
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	array(
	"id" => "120228tcm2277y",
	"title" => "RNS press release - Strategic Partnership - Telefonica",
	"pubdate" => "2012-02-28 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120228tcm2277y/"
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	array(
	"id" => "38880",
	"title" => "News - Telit Communications considering US IPO",
	"pubdate" => "2012-02-13 07:22:00",
	"seftitle" => "telit-communications-considering-us-ipo-38880.html",
	"description" => "&lt;p&gt;Machine-to-machine wireless technology specialist &lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) said it is&amp;nbsp; considering a potential initial public offering in the United States. &lt;br /&gt;&lt;br /&gt;Such an offering will be dependent upon market conditions and would be expected to occur, if at all, in the second half of 2012.&lt;br /&gt;&lt;br /&gt;Telit had announced the US$3 million acquisition of Navman OEM Solutions just before Christmas 2011, saying the deal would help it become a &amp;ldquo;contender&amp;rdquo; in the growing GPS market.&lt;br /&gt;&lt;br /&gt;It was the third deal of the year and followed on from the purchase of Motorola&amp;rsquo;s machine-to-machine business and the acquisition of connectivity services provider Globalconnect.&lt;br /&gt;&lt;br /&gt;M2M technology is described by those in the business as the &amp;lsquo;internet of things&amp;rsquo; as it connects machines and devices via wireless so they can communicate.&amp;nbsp; &lt;br /&gt;&lt;br /&gt;It is used in a variety of industrial and business fields to improve productivity. For example, in remote production environments they help to reduce the need for a human being to be on site all of the time.&lt;br /&gt;&lt;br /&gt;Vehicles with the capability can automatically notify service centres of maintenance issues. Another good example is of vending machines that can report to central warehouses when they are running low on stock.&lt;/p&gt; ",
	"link" => "http://www.proactiveinvestors.co.uk/companies/news/38880/telit-communications-considering-us-ipo-38880.html"
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	array(
	"id" => "120213tcm2634x",
	"title" => "RNS press release - Consideration of Possible US IPO",
	"pubdate" => "2012-02-13 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120213tcm2634x/"
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	array(
	"id" => "120110tcm2584v",
	"title" => "RNS press release - Trading Statement",
	"pubdate" => "2012-01-10 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120110tcm2584v/"
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	array(
	"id" => "120104tcm9851u",
	"title" => "RNS press release - Holding(s) in Company",
	"pubdate" => "2012-01-04 12:26:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/120104tcm9851u/"
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	array(
	"id" => "37183",
	"title" => "News - Telit Communications to become a &#039;contender&#039; in GPS market with Navman deal",
	"pubdate" => "2011-12-21 07:35:00",
	"seftitle" => "telit-communications-to-become-a-contender-in-gps-market-with-navman-deal-37183.html",
	"description" => "&lt;p&gt;Telit Communications said it will become a &amp;ldquo;contender&amp;rdquo; in the growing GPS market with the US$3 million purchase of Navman OEM Solutions.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;",
	"link" => "http://www.proactiveinvestors.co.uk/companies/news/37183/telit-communications-to-become-a-contender-in-gps-market-with-navman-deal-37183.html"
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	array(
	"id" => "111221tcm3772u",
	"title" => "RNS press release - Acquisition",
	"pubdate" => "2011-12-21 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/111221tcm3772u/"
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	array(
	"id" => "111212tcm7395t",
	"title" => "RNS press release - Appointment of Nomad and Broker",
	"pubdate" => "2011-12-12 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/111212tcm7395t/"
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	array(
	"id" => "34714",
	"title" => "News - Telit Communication chief Oozi Cats increases stake in company ",
	"pubdate" => "2011-10-24 12:59:00",
	"seftitle" => "telit-communication-chief-oozi-cats-increases-stake-in-company-34714.html",
	"description" => "&lt;p&gt;
&lt;p&gt;Telit Communication&amp;rsquo;s (&lt;a href=&quot;/companies/overview/1570/telit-communications-1570.html&quot;&gt;LON:TCM&lt;/a&gt;) today told investors that chief executive Oozi Cats has bought an additional 300,000 shares at 44 pence each, increasing his stake to 19.75 per cent of the company.&lt;br /&gt;&lt;br /&gt;The transaction, which took place on Friday, may be taken by some investors as a vote of confidence from the Telit boss after the group warned of project delays on the same day.&lt;br /&gt;&lt;br /&gt;On Friday Telit revealed that delays have had an impact on revenues and profits, which will now be lower than market expectations.&lt;br /&gt;&lt;br /&gt;For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.&lt;br /&gt;&lt;br /&gt;But in a stock market statement issued this morning Telit said: &amp;ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;Telit is a specialist in the field of wireless machine-to-machine communications (M2M). Put simply M2M enables one machine to talk to another machine via a wireless network. &amp;nbsp;&lt;br /&gt;&lt;br /&gt;Telit is the only pure play M2M company listed in London and one of the market&amp;rsquo;s big three players.&lt;br /&gt;&lt;br /&gt;In March it completed the US$23 million acquisition of Motorola&amp;rsquo;s M2M business, which made it the largest pure-play specialist in this arena.&lt;/p&gt;
&lt;/p&gt;",
	"link" => "http://www.proactiveinvestors.co.uk/companies/news/34714/telit-communication-chief-oozi-cats-increases-stake-in-company-34714.html"
),
	array(
	"id" => "111024tcm6957q",
	"title" => "RNS press release - Director/PDMR Shareholding",
	"pubdate" => "2011-10-24 10:10:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/111024tcm6957q/"
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	array(
	"id" => "34629",
	"title" => "News - Telit Communications hit by project delays",
	"pubdate" => "2011-10-21 07:28:00",
	"seftitle" => "telit-communications-hit-by-project-delays-34629.html",
	"description" => "&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Machine-to-machine communications specialist Telit (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot;&gt;&lt;a href=&quot;/companies/overview/1570/telit-communications-1570.html&quot;&gt;LON:TCM&lt;/a&gt;&lt;/a&gt;) said this morning revenues and profits will be lower than market expectations.&lt;/p&gt;
&lt;p&gt;It cited the delay in the deployment of a number of projects for the miss. For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.&lt;/p&gt;
&lt;p&gt;But in a stock market statement issued this morning Telit said: &amp;ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&amp;rdquo;&lt;/p&gt;
&lt;p&gt;Telit is a specialist in the field of wireless machine-to-machine communications (M2M).&lt;/p&gt;
&lt;p&gt;Put simply M2M enables one machine to talk to another machine via a wireless network. &amp;nbsp;&lt;/p&gt;
&lt;p&gt;Telit is the only pure play M2M company listed in London and one of the market&amp;rsquo;s big three players.&lt;/p&gt;
&lt;p&gt;In March it completed the US$23 million acquisition of Motorola&amp;rsquo;s M2M business, which made it the largest pure-play specialist in this arena.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;",
	"link" => "http://www.proactiveinvestors.co.uk/companies/news/34629/telit-communications-hit-by-project-delays-34629.html"
),
	array(
	"id" => "111021tcm5848q",
	"title" => "RNS press release - Trading update and full year trading outlook",
	"pubdate" => "2011-10-21 07:00:00",
	"seftitle" => "",
	"description" => "",
	"link" => "http://www.proactiveinvestors.co.uk/companies/rns/111021tcm5848q/"
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			&lt;title&gt;&lt;![CDATA[News - Telit Communications continues to increase market share in m2m market ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/40710/telit-communications-continues-to-increase-market-share-in-m2m-market-40710.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;&lt;a href=&quot;http://proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) increased revenues 34.7 per cent to US$177.4 million in the year to December 31, 2011.&lt;br /&gt;&lt;br /&gt;The wireless machine-to-machine specialist said it had achieved strong growth last year and is now better placed in its bid to become a leading provider of m2m solutions worldwide.&lt;br /&gt;&lt;br /&gt;Machine-to-machine (M2M) wirelessly connects devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks and heart monitors.&lt;br /&gt;&lt;br /&gt;Telit sells its products through a network of value-added resellers to more than 5,000 communications solution providers and systems integrators in more than 60 countries.&lt;br /&gt;&lt;br /&gt;The international market is rapidly growing as wireless communications are now a must-have rather than a luxury in the business world, the firm said.&lt;br /&gt;&lt;br /&gt;Last year saw the company successfully integrate the Motorola m2m business, which was acquired last March, and it bought GlobalConect Ltd last July.&lt;br /&gt;&lt;br /&gt;The purchase of Navman Wireless OEM Solutions LP, a leading designer and manufacturer of world-class GPS modules and solutions, was completed in January this year.&lt;br /&gt;&lt;br /&gt;The company expanded its portfolio, including the development of new 3G product series, and it launched the 4G LTE programme, for the development of future Telit products complying with next-generation technologies.&lt;br /&gt;&lt;br /&gt;Telit&#039;s chief executive, Oozi Cats, said 2011 had been an important year, adding that the acquisition of GlobalConect was an additional building block in Telit&#039;s strategy to provide its customers with a full service portfolio, including value-added services such as connectivity. &lt;br /&gt;&lt;br /&gt;&quot;The achievements of 2011 also include the Navman acquisition, which will provide Telit access to new customers and products beyond the traditional m2m industry, thus strengthening our position as the premier product and consultative partner in the m2m industry,&quot; he said.&lt;br /&gt;&lt;br /&gt;&quot;Our hard work and significant investments over the past few years have created a market leading platform through which we are capitalizing on the exciting opportunities within the m2m market and continuing to increase our market share.&quot;&lt;br /&gt;&lt;br /&gt;The firm posted an operating profit for the year of US$3.5 million (2010: US$6.6mln). Pre-tax profit was US$2.2 million, compared to US$6.4 million in 2010.&lt;/p&gt; ]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 26 Mar 2012 07:52:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/40710/telit-communications-continues-to-increase-market-share-in-m2m-market-40710.html&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Final Results ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120326tcm0112a/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 26 Mar 2012 07:00:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120326tcm0112a/&lt;/guid&gt;
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			&lt;title&gt;&lt;![CDATA[RNS press release - Holding(s) in Company ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120316tcm5303z/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Fri, 16 Mar 2012 13:40:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120316tcm5303z/&lt;/guid&gt;
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		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Holding(s) in Company ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120306tcm7745y/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Tue, 06 Mar 2012 11:34:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120306tcm7745y/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Total Voting Rights ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120301tcm5071y/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Thu, 01 Mar 2012 13:41:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120301tcm5071y/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[News - Telit Communications signs global M2M agreement with O2 owner ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/39507/telit-communications-signs-global-m2m-agreement-with-o2-owner-39507.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;Wireless machine-to-machine specialist &lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) has signed a global strategic partnership with Spanish telecoms giant Telefonica, the owner of mobile phone group O2.&lt;/p&gt;
&lt;p&gt;Machine&amp;ndash;to machine (M2M) is a way to wirelessly connect devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks, heart monitors and so on.&lt;/p&gt;
&lt;p&gt;The two companies will offer a bundled package that will enable M2M customers to use Telefonica&amp;rsquo;s global wireless network with Telit&amp;rsquo;s module hardware and software technology.&lt;/p&gt;
&lt;p&gt;Oozi Cats, Telit&amp;rsquo;s chief executive, said: &amp;ldquo;This unprecedented bundle from Telit and Telefonica signals a paradigm shift in the industry because finally any M2M service or solution provider of any size can have the same quality of service, performance, pricing and support as the largest players in the industry.&quot;&lt;/p&gt;
&lt;p&gt;He added that the new service will enable M2M service providers and application developers to bring solutions more quickly to market, provide technical support over the entire product lifecycle, offer enhanced monitoring capabilities and lower tariffs for fixed and mobile applications.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;The new service will initially launch in EMEA (Europe, Middle East and Africa), South America and selected countries by the third quarter of 2012.&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Telefonica has a customer base of more than 300 million customers around the world with a strong presence in Europe and Latin America. In the UK, it owns mobile group O2.&lt;/p&gt; ]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Tue, 28 Feb 2012 08:14:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/39507/telit-communications-signs-global-m2m-agreement-with-o2-owner-39507.html&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Strategic Partnership - Telefonica ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120228tcm2277y/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Tue, 28 Feb 2012 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120228tcm2277y/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[News - Telit Communications considering US IPO ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/38880/telit-communications-considering-us-ipo-38880.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;Machine-to-machine wireless technology specialist &lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;Telit Communications&lt;/a&gt; (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot; class=&quot;companyPopupTrigger&quot; rel=&quot;1570&quot;&gt;LON:TCM&lt;/a&gt;) said it is&amp;nbsp; considering a potential initial public offering in the United States. &lt;br /&gt;&lt;br /&gt;Such an offering will be dependent upon market conditions and would be expected to occur, if at all, in the second half of 2012.&lt;br /&gt;&lt;br /&gt;Telit had announced the US$3 million acquisition of Navman OEM Solutions just before Christmas 2011, saying the deal would help it become a &amp;ldquo;contender&amp;rdquo; in the growing GPS market.&lt;br /&gt;&lt;br /&gt;It was the third deal of the year and followed on from the purchase of Motorola&amp;rsquo;s machine-to-machine business and the acquisition of connectivity services provider Globalconnect.&lt;br /&gt;&lt;br /&gt;M2M technology is described by those in the business as the &amp;lsquo;internet of things&amp;rsquo; as it connects machines and devices via wireless so they can communicate.&amp;nbsp; &lt;br /&gt;&lt;br /&gt;It is used in a variety of industrial and business fields to improve productivity. For example, in remote production environments they help to reduce the need for a human being to be on site all of the time.&lt;br /&gt;&lt;br /&gt;Vehicles with the capability can automatically notify service centres of maintenance issues. Another good example is of vending machines that can report to central warehouses when they are running low on stock.&lt;/p&gt; ]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 13 Feb 2012 07:22:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/38880/telit-communications-considering-us-ipo-38880.html&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Consideration of Possible US IPO ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120213tcm2634x/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 13 Feb 2012 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120213tcm2634x/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Trading Statement ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120110tcm2584v/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Tue, 10 Jan 2012 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120110tcm2584v/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Holding(s) in Company ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/120104tcm9851u/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Wed, 04 Jan 2012 12:26:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/120104tcm9851u/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[News - Telit Communications to become a &#039;contender&#039; in GPS market with Navman deal ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/37183/telit-communications-to-become-a-contender-in-gps-market-with-navman-deal-37183.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;Telit Communications said it will become a &amp;ldquo;contender&amp;rdquo; in the growing GPS market with the US$3 million purchase of Navman OEM Solutions.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Wed, 21 Dec 2011 07:35:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/37183/telit-communications-to-become-a-contender-in-gps-market-with-navman-deal-37183.html&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Acquisition ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111221tcm3772u/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Wed, 21 Dec 2011 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111221tcm3772u/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Appointment of Nomad and Broker ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111212tcm7395t/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 12 Dec 2011 07:00:00 +0000&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111212tcm7395t/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[News - Telit Communication chief Oozi Cats increases stake in company  ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/34714/telit-communication-chief-oozi-cats-increases-stake-in-company-34714.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;
&lt;p&gt;Telit Communication&amp;rsquo;s (&lt;a href=&quot;/companies/overview/1570/telit-communications-1570.html&quot;&gt;LON:TCM&lt;/a&gt;) today told investors that chief executive Oozi Cats has bought an additional 300,000 shares at 44 pence each, increasing his stake to 19.75 per cent of the company.&lt;br /&gt;&lt;br /&gt;The transaction, which took place on Friday, may be taken by some investors as a vote of confidence from the Telit boss after the group warned of project delays on the same day.&lt;br /&gt;&lt;br /&gt;On Friday Telit revealed that delays have had an impact on revenues and profits, which will now be lower than market expectations.&lt;br /&gt;&lt;br /&gt;For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.&lt;br /&gt;&lt;br /&gt;But in a stock market statement issued this morning Telit said: &amp;ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&amp;rdquo;&lt;br /&gt;&lt;br /&gt;Telit is a specialist in the field of wireless machine-to-machine communications (M2M). Put simply M2M enables one machine to talk to another machine via a wireless network. &amp;nbsp;&lt;br /&gt;&lt;br /&gt;Telit is the only pure play M2M company listed in London and one of the market&amp;rsquo;s big three players.&lt;br /&gt;&lt;br /&gt;In March it completed the US$23 million acquisition of Motorola&amp;rsquo;s M2M business, which made it the largest pure-play specialist in this arena.&lt;/p&gt;
&lt;/p&gt;]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 24 Oct 2011 12:59:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/34714/telit-communication-chief-oozi-cats-increases-stake-in-company-34714.html&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Director/PDMR Shareholding ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111024tcm6957q/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Mon, 24 Oct 2011 10:10:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111024tcm6957q/&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[News - Telit Communications hit by project delays ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/news/34629/telit-communications-hit-by-project-delays-34629.html&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[&lt;p&gt;&amp;nbsp;&lt;/p&gt;
&lt;p&gt;Machine-to-machine communications specialist Telit (&lt;a href=&quot;http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html&quot;&gt;&lt;a href=&quot;/companies/overview/1570/telit-communications-1570.html&quot;&gt;LON:TCM&lt;/a&gt;&lt;/a&gt;) said this morning revenues and profits will be lower than market expectations.&lt;/p&gt;
&lt;p&gt;It cited the delay in the deployment of a number of projects for the miss. For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.&lt;/p&gt;
&lt;p&gt;But in a stock market statement issued this morning Telit said: &amp;ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&amp;rdquo;&lt;/p&gt;
&lt;p&gt;Telit is a specialist in the field of wireless machine-to-machine communications (M2M).&lt;/p&gt;
&lt;p&gt;Put simply M2M enables one machine to talk to another machine via a wireless network. &amp;nbsp;&lt;/p&gt;
&lt;p&gt;Telit is the only pure play M2M company listed in London and one of the market&amp;rsquo;s big three players.&lt;/p&gt;
&lt;p&gt;In March it completed the US$23 million acquisition of Motorola&amp;rsquo;s M2M business, which made it the largest pure-play specialist in this arena.&lt;/p&gt;
&lt;p&gt;&amp;nbsp;&lt;/p&gt;]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Fri, 21 Oct 2011 07:28:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/news/34629/telit-communications-hit-by-project-delays-34629.html&lt;/guid&gt;
		&lt;/item&gt;
		&lt;item&gt;
			&lt;title&gt;&lt;![CDATA[RNS press release - Trading update and full year trading outlook ]]&gt;&lt;/title&gt;
			&lt;link&gt;http://www.proactiveinvestors.co.uk/companies/rns/111021tcm5848q/&lt;/link&gt;
			&lt;description&gt;&lt;![CDATA[]]&gt;&lt;/description&gt;
			&lt;pubDate&gt;Fri, 21 Oct 2011 07:00:00 +0100&lt;/pubDate&gt;
			&lt;guid&gt;http://www.proactiveinvestors.co.uk/companies/rns/111021tcm5848q/&lt;/guid&gt;
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SessionHelper::$helpers = NULL
SessionHelper::$__active = true
SessionHelper::$valid = false
SessionHelper::$error = false
SessionHelper::$_userAgent = "1f2fc9be373728e645f0927cf473d35d"
SessionHelper::$path = "/"
SessionHelper::$lastError = NULL
SessionHelper::$security = "medium"
SessionHelper::$time = 1337849454
SessionHelper::$sessionTime = 1337873454
SessionHelper::$watchKeys = array
SessionHelper::$id = NULL
SessionHelper::$_log = NULL
SessionHelper::$base = ""
SessionHelper::$webroot = "/"
SessionHelper::$here = "/LON:TCM/Telit-Communications/all_news"
SessionHelper::$params = array
SessionHelper::$action = "all_news"
SessionHelper::$data = NULL
SessionHelper::$themeWeb = NULL
SessionHelper::$plugin = "profiles"
$profile	=	ProfileHelper
ProfileHelper::$helpers = array
ProfileHelper::$base = ""
ProfileHelper::$webroot = "/"
ProfileHelper::$themeWeb = NULL
ProfileHelper::$here = "/LON:TCM/Telit-Communications/all_news"
ProfileHelper::$params = array
ProfileHelper::$action = "all_news"
ProfileHelper::$plugin = "profiles"
ProfileHelper::$data = NULL
ProfileHelper::$namedArgs = NULL
ProfileHelper::$argSeparator = NULL
ProfileHelper::$validationErrors = NULL
ProfileHelper::$tags = array
ProfileHelper::$__tainted = NULL
ProfileHelper::$__cleaned = NULL
ProfileHelper::$_log = NULL
ProfileHelper::$Html = HtmlHelper object
ProfileHelper::$Paginator = PaginatorHelper object
ProfileHelper::$Pai = PaiHelper object
$paginator	=	PaginatorHelper
PaginatorHelper::$helpers = array
PaginatorHelper::$__defaultModel = NULL
PaginatorHelper::$options = array
PaginatorHelper::$base = ""
PaginatorHelper::$webroot = "/"
PaginatorHelper::$themeWeb = NULL
PaginatorHelper::$here = "/LON:TCM/Telit-Communications/all_news"
PaginatorHelper::$params = array
PaginatorHelper::$action = "all_news"
PaginatorHelper::$plugin = "profiles"
PaginatorHelper::$data = NULL
PaginatorHelper::$namedArgs = NULL
PaginatorHelper::$argSeparator = NULL
PaginatorHelper::$validationErrors = NULL
PaginatorHelper::$tags = array
PaginatorHelper::$__tainted = NULL
PaginatorHelper::$__cleaned = NULL
PaginatorHelper::$_log = NULL
PaginatorHelper::$Html = HtmlHelper object
PaginatorHelper::$Ajax = AjaxHelper object
$ajax	=	AjaxHelper
AjaxHelper::$helpers = array
AjaxHelper::$Html = HtmlHelper object
AjaxHelper::$Javascript = JavascriptHelper object
AjaxHelper::$callbacks = array
AjaxHelper::$ajaxOptions = array
AjaxHelper::$dragOptions = array
AjaxHelper::$dropOptions = array
AjaxHelper::$sortOptions = array
AjaxHelper::$sliderOptions = array
AjaxHelper::$editorOptions = array
AjaxHelper::$autoCompleteOptions = array
AjaxHelper::$__ajaxBuffer = array
AjaxHelper::$base = ""
AjaxHelper::$webroot = "/"
AjaxHelper::$themeWeb = NULL
AjaxHelper::$here = "/LON:TCM/Telit-Communications/all_news"
AjaxHelper::$params = array
AjaxHelper::$action = "all_news"
AjaxHelper::$plugin = "profiles"
AjaxHelper::$data = NULL
AjaxHelper::$namedArgs = NULL
AjaxHelper::$argSeparator = NULL
AjaxHelper::$validationErrors = NULL
AjaxHelper::$tags = array
AjaxHelper::$__tainted = NULL
AjaxHelper::$__cleaned = NULL
AjaxHelper::$_log = NULL
AjaxHelper::$Form = FormHelper object</pre><pre>header - [internal], line ??
include - APP/views/layouts/rss.ctp, line 4
View::_render() - CORE/cake/libs/view/view.php, line 667
View::renderLayout() - CORE/cake/libs/view/view.php, line 454
View::render() - CORE/cake/libs/view/view.php, line 388
Controller::render() - CORE/cake/libs/controller/controller.php, line 806
Dispatcher::_invoke() - CORE/cake/dispatcher.php, line 230
Dispatcher::dispatch() - CORE/cake/dispatcher.php, line 194
[main] - APP/webroot/index.php, line 91</pre></div><?xml version="1.0" encoding="UTF-8"?>
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	<title>Proactiveinvestors United Kingdom Telit Communications</title>
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	<description>Proactiveinvestors United Kingdom Telit Communications RSS feed
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		<item>
			<title><![CDATA[RNS press release - Holding(s) in Company ]]></title>
			<link>http://www.proactiveinvestors.co.uk/companies/rns/120521tcm7679d/</link>
			<description><![CDATA[]]></description>
			<pubDate>Mon, 21 May 2012 14:14:00 +0100</pubDate>
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			<title><![CDATA[RNS press release - Total Voting Rights ]]></title>
			<link>http://www.proactiveinvestors.co.uk/companies/rns/120502tcm5342c/</link>
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			<pubDate>Wed, 02 May 2012 07:00:00 +0100</pubDate>
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		<item>
			<title><![CDATA[News - Telit Communications continues to increase market share in m2m market ]]></title>
			<link>http://www.proactiveinvestors.co.uk/companies/news/40710/telit-communications-continues-to-increase-market-share-in-m2m-market-40710.html</link>
			<description><![CDATA[<p><a href="http://proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications" class="companyPopupTrigger" rel="1570">Telit Communications</a> (<a href="http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html" class="companyPopupTrigger" rel="1570">LON:TCM</a>) increased revenues 34.7 per cent to US$177.4 million in the year to December 31, 2011.<br /><br />The wireless machine-to-machine specialist said it had achieved strong growth last year and is now better placed in its bid to become a leading provider of m2m solutions worldwide.<br /><br />Machine-to-machine (M2M) wirelessly connects devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks and heart monitors.<br /><br />Telit sells its products through a network of value-added resellers to more than 5,000 communications solution providers and systems integrators in more than 60 countries.<br /><br />The international market is rapidly growing as wireless communications are now a must-have rather than a luxury in the business world, the firm said.<br /><br />Last year saw the company successfully integrate the Motorola m2m business, which was acquired last March, and it bought GlobalConect Ltd last July.<br /><br />The purchase of Navman Wireless OEM Solutions LP, a leading designer and manufacturer of world-class GPS modules and solutions, was completed in January this year.<br /><br />The company expanded its portfolio, including the development of new 3G product series, and it launched the 4G LTE programme, for the development of future Telit products complying with next-generation technologies.<br /><br />Telit's chief executive, Oozi Cats, said 2011 had been an important year, adding that the acquisition of GlobalConect was an additional building block in Telit's strategy to provide its customers with a full service portfolio, including value-added services such as connectivity. <br /><br />"The achievements of 2011 also include the Navman acquisition, which will provide Telit access to new customers and products beyond the traditional m2m industry, thus strengthening our position as the premier product and consultative partner in the m2m industry," he said.<br /><br />"Our hard work and significant investments over the past few years have created a market leading platform through which we are capitalizing on the exciting opportunities within the m2m market and continuing to increase our market share."<br /><br />The firm posted an operating profit for the year of US$3.5 million (2010: US$6.6mln). Pre-tax profit was US$2.2 million, compared to US$6.4 million in 2010.</p> ]]></description>
			<pubDate>Mon, 26 Mar 2012 07:52:00 +0100</pubDate>
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			<title><![CDATA[RNS press release - Final Results ]]></title>
			<link>http://www.proactiveinvestors.co.uk/companies/rns/120326tcm0112a/</link>
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			<pubDate>Mon, 26 Mar 2012 07:00:00 +0100</pubDate>
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			<title><![CDATA[RNS press release - Holding(s) in Company ]]></title>
			<link>http://www.proactiveinvestors.co.uk/companies/rns/120316tcm5303z/</link>
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			<pubDate>Fri, 16 Mar 2012 13:40:00 +0000</pubDate>
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			<title><![CDATA[RNS press release - Holding(s) in Company ]]></title>
			<link>http://www.proactiveinvestors.co.uk/companies/rns/120306tcm7745y/</link>
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			<pubDate>Tue, 06 Mar 2012 11:34:00 +0000</pubDate>
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			<title><![CDATA[RNS press release - Total Voting Rights ]]></title>
			<link>http://www.proactiveinvestors.co.uk/companies/rns/120301tcm5071y/</link>
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			<pubDate>Thu, 01 Mar 2012 13:41:00 +0000</pubDate>
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			<title><![CDATA[News - Telit Communications signs global M2M agreement with O2 owner ]]></title>
			<link>http://www.proactiveinvestors.co.uk/companies/news/39507/telit-communications-signs-global-m2m-agreement-with-o2-owner-39507.html</link>
			<description><![CDATA[<p>Wireless machine-to-machine specialist <a href="http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications" class="companyPopupTrigger" rel="1570">Telit Communications</a> (<a href="http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html" class="companyPopupTrigger" rel="1570">LON:TCM</a>) has signed a global strategic partnership with Spanish telecoms giant Telefonica, the owner of mobile phone group O2.</p>
<p>Machine&ndash;to machine (M2M) is a way to wirelessly connect devices to a network to enable monitoring of real-time information for a range of equipment. Uses include monitoring data from vending machines, trucks, heart monitors and so on.</p>
<p>The two companies will offer a bundled package that will enable M2M customers to use Telefonica&rsquo;s global wireless network with Telit&rsquo;s module hardware and software technology.</p>
<p>Oozi Cats, Telit&rsquo;s chief executive, said: &ldquo;This unprecedented bundle from Telit and Telefonica signals a paradigm shift in the industry because finally any M2M service or solution provider of any size can have the same quality of service, performance, pricing and support as the largest players in the industry."</p>
<p>He added that the new service will enable M2M service providers and application developers to bring solutions more quickly to market, provide technical support over the entire product lifecycle, offer enhanced monitoring capabilities and lower tariffs for fixed and mobile applications.&nbsp;</p>
<p>The new service will initially launch in EMEA (Europe, Middle East and Africa), South America and selected countries by the third quarter of 2012.&nbsp;</p>
<p>Telefonica has a customer base of more than 300 million customers around the world with a strong presence in Europe and Latin America. In the UK, it owns mobile group O2.</p> ]]></description>
			<pubDate>Tue, 28 Feb 2012 08:14:00 +0000</pubDate>
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			<title><![CDATA[RNS press release - Strategic Partnership - Telefonica ]]></title>
			<link>http://www.proactiveinvestors.co.uk/companies/rns/120228tcm2277y/</link>
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			<pubDate>Tue, 28 Feb 2012 07:00:00 +0000</pubDate>
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			<title><![CDATA[News - Telit Communications considering US IPO ]]></title>
			<link>http://www.proactiveinvestors.co.uk/companies/news/38880/telit-communications-considering-us-ipo-38880.html</link>
			<description><![CDATA[<p>Machine-to-machine wireless technology specialist <a href="http://www.proactiveinvestors.co.uk/companies/overview/1570/Telit+Communications" class="companyPopupTrigger" rel="1570">Telit Communications</a> (<a href="http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html" class="companyPopupTrigger" rel="1570">LON:TCM</a>) said it is&nbsp; considering a potential initial public offering in the United States. <br /><br />Such an offering will be dependent upon market conditions and would be expected to occur, if at all, in the second half of 2012.<br /><br />Telit had announced the US$3 million acquisition of Navman OEM Solutions just before Christmas 2011, saying the deal would help it become a &ldquo;contender&rdquo; in the growing GPS market.<br /><br />It was the third deal of the year and followed on from the purchase of Motorola&rsquo;s machine-to-machine business and the acquisition of connectivity services provider Globalconnect.<br /><br />M2M technology is described by those in the business as the &lsquo;internet of things&rsquo; as it connects machines and devices via wireless so they can communicate.&nbsp; <br /><br />It is used in a variety of industrial and business fields to improve productivity. For example, in remote production environments they help to reduce the need for a human being to be on site all of the time.<br /><br />Vehicles with the capability can automatically notify service centres of maintenance issues. Another good example is of vending machines that can report to central warehouses when they are running low on stock.</p> ]]></description>
			<pubDate>Mon, 13 Feb 2012 07:22:00 +0000</pubDate>
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			<title><![CDATA[RNS press release - Consideration of Possible US IPO ]]></title>
			<link>http://www.proactiveinvestors.co.uk/companies/rns/120213tcm2634x/</link>
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			<pubDate>Mon, 13 Feb 2012 07:00:00 +0000</pubDate>
			<guid>http://www.proactiveinvestors.co.uk/companies/rns/120213tcm2634x/</guid>
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			<title><![CDATA[RNS press release - Trading Statement ]]></title>
			<link>http://www.proactiveinvestors.co.uk/companies/rns/120110tcm2584v/</link>
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			<pubDate>Tue, 10 Jan 2012 07:00:00 +0000</pubDate>
			<guid>http://www.proactiveinvestors.co.uk/companies/rns/120110tcm2584v/</guid>
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			<title><![CDATA[RNS press release - Holding(s) in Company ]]></title>
			<link>http://www.proactiveinvestors.co.uk/companies/rns/120104tcm9851u/</link>
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			<pubDate>Wed, 04 Jan 2012 12:26:00 +0000</pubDate>
			<guid>http://www.proactiveinvestors.co.uk/companies/rns/120104tcm9851u/</guid>
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			<title><![CDATA[News - Telit Communications to become a 'contender' in GPS market with Navman deal ]]></title>
			<link>http://www.proactiveinvestors.co.uk/companies/news/37183/telit-communications-to-become-a-contender-in-gps-market-with-navman-deal-37183.html</link>
			<description><![CDATA[<p>Telit Communications said it will become a &ldquo;contender&rdquo; in the growing GPS market with the US$3 million purchase of Navman OEM Solutions.</p>
<p>&nbsp;</p>]]></description>
			<pubDate>Wed, 21 Dec 2011 07:35:00 +0000</pubDate>
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			<title><![CDATA[RNS press release - Acquisition ]]></title>
			<link>http://www.proactiveinvestors.co.uk/companies/rns/111221tcm3772u/</link>
			<description><![CDATA[]]></description>
			<pubDate>Wed, 21 Dec 2011 07:00:00 +0000</pubDate>
			<guid>http://www.proactiveinvestors.co.uk/companies/rns/111221tcm3772u/</guid>
		</item>
		<item>
			<title><![CDATA[RNS press release - Appointment of Nomad and Broker ]]></title>
			<link>http://www.proactiveinvestors.co.uk/companies/rns/111212tcm7395t/</link>
			<description><![CDATA[]]></description>
			<pubDate>Mon, 12 Dec 2011 07:00:00 +0000</pubDate>
			<guid>http://www.proactiveinvestors.co.uk/companies/rns/111212tcm7395t/</guid>
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			<title><![CDATA[News - Telit Communication chief Oozi Cats increases stake in company  ]]></title>
			<link>http://www.proactiveinvestors.co.uk/companies/news/34714/telit-communication-chief-oozi-cats-increases-stake-in-company-34714.html</link>
			<description><![CDATA[<p>
<p>Telit Communication&rsquo;s (<a href="/companies/overview/1570/telit-communications-1570.html">LON:TCM</a>) today told investors that chief executive Oozi Cats has bought an additional 300,000 shares at 44 pence each, increasing his stake to 19.75 per cent of the company.<br /><br />The transaction, which took place on Friday, may be taken by some investors as a vote of confidence from the Telit boss after the group warned of project delays on the same day.<br /><br />On Friday Telit revealed that delays have had an impact on revenues and profits, which will now be lower than market expectations.<br /><br />For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.<br /><br />But in a stock market statement issued this morning Telit said: &ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&rdquo;<br /><br />Telit is a specialist in the field of wireless machine-to-machine communications (M2M). Put simply M2M enables one machine to talk to another machine via a wireless network. &nbsp;<br /><br />Telit is the only pure play M2M company listed in London and one of the market&rsquo;s big three players.<br /><br />In March it completed the US$23 million acquisition of Motorola&rsquo;s M2M business, which made it the largest pure-play specialist in this arena.</p>
</p>]]></description>
			<pubDate>Mon, 24 Oct 2011 12:59:00 +0100</pubDate>
			<guid>http://www.proactiveinvestors.co.uk/companies/news/34714/telit-communication-chief-oozi-cats-increases-stake-in-company-34714.html</guid>
		</item>
		<item>
			<title><![CDATA[RNS press release - Director/PDMR Shareholding ]]></title>
			<link>http://www.proactiveinvestors.co.uk/companies/rns/111024tcm6957q/</link>
			<description><![CDATA[]]></description>
			<pubDate>Mon, 24 Oct 2011 10:10:00 +0100</pubDate>
			<guid>http://www.proactiveinvestors.co.uk/companies/rns/111024tcm6957q/</guid>
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		<item>
			<title><![CDATA[News - Telit Communications hit by project delays ]]></title>
			<link>http://www.proactiveinvestors.co.uk/companies/news/34629/telit-communications-hit-by-project-delays-34629.html</link>
			<description><![CDATA[<p>&nbsp;</p>
<p>Machine-to-machine communications specialist Telit (<a href="http://www.proactiveinvestors.co.uk/companies/overview/1570/telit-communications-1570.html"><a href="/companies/overview/1570/telit-communications-1570.html">LON:TCM</a></a>) said this morning revenues and profits will be lower than market expectations.</p>
<p>It cited the delay in the deployment of a number of projects for the miss. For the nine months to September 30 revenues were US$128.5 million, up 31 per cent on the same period last year.</p>
<p>But in a stock market statement issued this morning Telit said: &ldquo;Whilst revenue for the final quarter of the year will be strong, the impact of a delay in the deployment of a few significant projects which were originally expected to take place during 2011 will mean that revenues for the year ending 31 December 2011 will be lower than current market expectations and profits will be significantly below current market expectations.&rdquo;</p>
<p>Telit is a specialist in the field of wireless machine-to-machine communications (M2M).</p>
<p>Put simply M2M enables one machine to talk to another machine via a wireless network. &nbsp;</p>
<p>Telit is the only pure play M2M company listed in London and one of the market&rsquo;s big three players.</p>
<p>In March it completed the US$23 million acquisition of Motorola&rsquo;s M2M business, which made it the largest pure-play specialist in this arena.</p>
<p>&nbsp;</p>]]></description>
			<pubDate>Fri, 21 Oct 2011 07:28:00 +0100</pubDate>
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			<title><![CDATA[RNS press release - Trading update and full year trading outlook ]]></title>
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			<description><![CDATA[]]></description>
			<pubDate>Fri, 21 Oct 2011 07:00:00 +0100</pubDate>
			<guid>http://www.proactiveinvestors.co.uk/companies/rns/111021tcm5848q/</guid>
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