NICOSIA, Cyprus and
AUSTIN, Texas, Sept. 20, 2021 /PRNewswire/ -- Cablenet
Communication Systems Ltd, a Cyprus-based communications service provider,
leverages Oracle Communications converged charging, policy and
billing solutions to quickly monetize new and existing products and
deliver a better customer experience.
"We needed a best-in-class solution that could scale with our
rapidly growing mobile business and new product development, and
deliver an unmatched experience to our customers," said Yiannos
Michaelides, Chief Information Officer at Cablenet. "Oracle Billing
and Revenue Management with converged charging and policies meet
all of these needs in a single, best-in-class platform. Because the
platform is cloud native, we can better control deployment costs
and enable continuous upgrades without disruption. The open
architecture of Billing and Revenue Management also allows us to
integrate other solutions without limitations as our business
models and requirements evolve."
Cablenet's mobile business has grown fivefold in the last year
and is expected to grow eightfold in the next three years. This
momentum requires a highly scalable, cloud-enabled platform to
support its rapidly growing customer base and the upcoming 5G
rollout.
As part of its investment in next-generation networking and IT
technology, Cablenet recently implemented Oracle Communications
Billing and Revenue Management along with Oracle Converged Charging
and Oracle Policy Management. Critical to Oracle's selection was
finding a partner that could manage both billing and charging in a
single platform to help customers use voice services and download
content with real-time account balance information.
"As CSPs invest in the networks of tomorrow, they need cloud
native, complete solutions that power real-time customer
experiences and quick time to market for innovative new products,"
said Jason Rutherford, senior vice
president and general manager, Oracle Communications, Applications.
"Oracle's integrated billing, converged charging, and policy
solution is providing the flexible, open platform Cablenet needs to
support its exponential growth and move to 5G."
The implementation of the Oracle solution was completed by
INTRASOFT International SA, a member of Oracle PartnerNetwork and a
global technology solutions, products and services group with a
specialized telecommunications practice. Alexandros Manos, managing director at INTRASOFT
International, said, "This is an important milestone for our
collaboration with Oracle and we are delighted to lead the
technical implementation of these innovative Oracle solutions at
Cablenet."
To learn more about Oracle Communications industry solutions,
visit: Oracle Communications LinkedIn, or join the
conversation at Twitter @OracleComms.
About Oracle Communications
Oracle Communications
provides integrated communications and cloud solutions for
Service Providers and Enterprises to accelerate their digital
transformation journey in a communications-driven world from
network evolution to digital business to customer
experience. www.oracle.com/communications
About Oracle
Oracle offers integrated suites of
applications plus secure, autonomous infrastructure in the Oracle
Cloud. For more information about Oracle (NYSE: ORCL), please visit
us at oracle.com.
Trademarks
Oracle, Java, and MySQL are registered
trademarks of Oracle Corporation.
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SOURCE Oracle