Comverse Expands Relationship With Telecom Italia Group for Enterprise Billing, Business Transformation
July 22 2014 - 7:00AM
Evolution of Comverse Kenan
FX Postpaid Consolidates Operations, Replacing Legacy Competitor
Solution
WAKEFIELD, Mass., July 22, 2014 (GLOBE NEWSWIRE)
-- Comverse (Nasdaq:CNSI), a global leader in enterprise and
telecom business enablement, today announced the recent successful
migration of fixed-line customers in an extension of its
relationship with Telecom Italia, the leading Italian ICT group.
The consolidation of the BSS ecosystem with Kenan FX will more
efficiently support the rating and billing of fixed and mobile
consumer and corporate customers in Italy.
Replacing a legacy competitor solution, this
expansion includes transfer of all charging functionality for
corporate subscribers - key contributors to business success - to
the Comverse Kenan FX solution. Comverse is also the prime systems
integration contractor.
Capitalizing on Business
Opportunities, Cost Efficiencies
"We believe that this further system
consolidation, based on previous integrations with Comverse, will
help us to capitalize on business opportunities and reduce costs,"
said Gianluca Pancaccini, Telecom Italia Chief Information Officer.
"Comverse has proven itself over the years to be a strong and
innovative partner for the group in terms of effective
product-based solutions and we look forward to continuing mutual
success."
"Comverse provides Telecom Italia with crucial
agility to support growth and efficiency of its enterprise
business, while enhancing every aspect of the customer lifecycle,"
commented Denis Bernaert, Comverse Senior Vice President, and
Managing Director EMEA. "We value the trust we have earned from
Telecom Italia over the years, and will continue as prime
contractor to help them meet business objectives and maintain their
unparalleled standards of service excellence."
Extending the BSS
Environment to Unlock Value
Comverse recently announced a new release of the
Comverse Kenan FX billing solution, with additional capabilities
that enable service provider customers to extend their BSS
environments to meet evolving business needs and unlock value for
both consumers and businesses.
"The forward-looking product plans of the Comverse
Kenan FX billing solution are tailored to meet the evolving needs
of our existing customer base of over one hundred as well as new
service providers," said Robert Barrows, Comverse Enterprise and
Subscription-Based Billing Global Leader. "We offer our Kenan
customers and enterprises an effective set of options to leverage
Comverse's rich product and services offering to enhance, evolve or
transform their business support ecosystem to address today's
complex global business needs and embrace new opportunities."
Learn more about how Comverse BSS solutions can
provide you with agility to exploit new networks, markets,
products, business models and partnerships; contact us at
www.comverse.com.
About Telecom Italia
Group
Telecom Italia is the leading Italian ICT group
and an important player on the Latin American market, where TIM
Brasil is a major operator in the country.
Its offer is focused on advanced and integrated
solutions for consumers, businesses and institutions and includes:
telecommunications, internet, digital and media content, cloud
computing, office and system solutions. These are provided by
well-known and reliable brands, including TIM and Olivetti, through
which the Group maintains close links with its customers.
Telecom Italia strategy is based on innovation and
the Group is investing in the development of cloud computing and
new generation ultra-broadband fixed and mobile network.
About Comverse
Comverse is a leading global provider of telecom
business solutions that enable enterprise and 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
This
announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: Comverse, Inc. via Globenewswire
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