CTM Macau Partners With Comverse, TCS to Transform Operations, Unleash a More Engaging User Experience
October 23 2013 - 7:00AM
CTM Macau has selected Comverse (Nasdaq:CNSI), the global leader in
telecom business enablement, and Tata Consultancy Services
(BSE:532540) (NSE:TCS), as partners for a business transformation
that will redefine the user experience, facilitate monetization and
reduce Total Cost of Ownership (TCO).
The Comverse ONE® Converged Billing and Active Customer
Management solution, including Policy Management and enhanced with
long-term Operational, Advisory and Managed Services will
facilitate consolidation of multiple lines of business and BSS
systems to deliver convergent charging, optimized operations and
advance CTM's ambitious growth plans.
This project extends the strong relationship between Comverse
and leading IT services, consulting and business solutions firm TCS
to ensure optimal results for the complex major business
transformation.
Benefits of Consolidation
"In a highly competitive marketplace requiring flexibility to
respond quickly to customer and market changes, it has become
essential for CTM to unify the multiple billing and rating systems
that currently support our different capabilities and lines of
business: prepaid/postpaid, fixed/mobile, broadband and enterprise
services," said Rui Marcelo, Director of Information Technology,
CTM. "While consolidation and professional services will benefit us
with significant cost efficiencies, even more important is that it
will enable us to deliver a greatly enhanced customer experience,
giving our subscribers greater choice and control through
accelerated introduction of innovative services and applications,
cross-product synergies, unified billing for personalized plans and
creative bundling, and more. Comverse, a global leader in both
billing and communication convergence and a trusted partner for
many years, was a natural choice."
"CTM's selection of TCS and Comverse is deeply rooted in the
successes that the three parties have achieved throughout our
history of working together," said Jacques-Herve Maupin, Senior VP,
Managing Director, Asia Pacific, Comverse. "Comverse's rich
portfolio of solutions and services and global marketing expertise
are a perfect match for CTM's requirements to provide convergent
policy-based charging, cross-bundling and more for its quad-play
offering."
Learn how Comverse ONE's pioneering
single-system approach to BSS convergence and Comverse
Managed Services can help you maximize success in
transitioning to the connected world of 4G, data and all-IP: meet
with Comverse at an upcoming industry event in your region.
About CTM
Formed in 1981, as the only full telecom service provider in
Macau, CTM has been maintaining its leadership role in providing
world-class telecom services to the Macau residents and continues
to play a major role in the ongoing development of Macau's
infrastructure. With a solid financial base and an enviable track
record of technical achievement, CTM offers both first-class
products and services and outstanding career opportunities for the
prosperous development of Macau. In June 2013, CITIC Telecom
International's transaction in acquiring the entire shareholding in
CTM of both Cable and Wireless Communications and Portugal Telecom
was officially approved by the Macau SAR Government.
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and
business solutions organization that delivers real results to
global business, ensuring a level of certainty no other firm can
match. TCS offers a consulting-led, integrated portfolio of IT,
BPO, infrastructure, engineering and assurance services. This is
delivered through its unique Global Network Delivery Model™,
recognized as the benchmark of excellence in software development.
A part of the Tata group, India's largest industrial conglomerate,
TCS has over 276,000 of the world's best-trained consultants in 44
countries. The company generated consolidated revenues of US $11.6
billion for year ended March 31, 2013 and is listed on the National
Stock Exchange and Bombay Stock Exchange in India. For more
information, visit us at www.tcs.com
About Comverse
Comverse is a leading global provider of telecom business
solutions that enable communication service provider success in the
hyper-connected world through service innovation and smart
monetization. The company's proven and innovative product portfolio
includes BSS, Policy Management (PCRF) and Enforcement and Digital
& Value Added Services – all backed by Managed and Professional
Services. Comverse's extensive customer base spans more than 125
countries with solutions successfully delivered to over 450
communication service providers serving more than two billion
subscribers. Comverse's solutions are available in a variety of
delivery models, including on-site, cloud, hosted/SaaS and managed
services. For more information, visit www.comverse.com.
Statements included or incorporated by reference in this press
release may contain "forward-looking statements." There can be no
assurance that any forward-looking statements will be achieved, and
actual results could differ materially from forecasts and
estimates. Important factors that could affect the company include
the risks described in the section entitled "Forward-Looking
Statements" Item 1A, "Risk Factors" and elsewhere in the company's
Annual Report on Form 10-K filed with the SEC on May 16, 2013 or in
subsequently filed periodic, current or other reports. The company
undertakes no commitment to update or revise forward-looking
statements except as required by law.
CONTACT: Thomas Sabol
Comverse, Inc.
thomas.sabol@comverse.com
+1-781-224-8200
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