TelTel, a provider of SIP-based global Internet telephony services, has announced that it is enabling Digitrad and TelePlus to rapidly offer VoIP service over TelTel’s PsipTN (Public SIP Telephony Network). TelePlus will offer VoIP via the PsipTN as a result of a relationship with Digitrad, who is a TelTel SVNO (SIP Virtual Network Operator) partner. The addition of VoIP service greatly enhances TelePlus’s service offering for its core product, Vocalyz(TM). (more…)

Bharti Telesoft, India’s 2nd fastest growing technology company, has implemented its RoamRetainer solution for a major Middle Eastern operator, to extend inbound roamers’ life on the network. Operators are keen to preserve and grow their roaming revenues, but often lose inbound roamers to competing networks – especially if there are preferred partner agreements in place. With RoamRetainer installed, inbound roamers remain on the operator’s network longer, use roaming services more and helping to increase roaming revenues. (more…)

Argent Networks has announced that it has appointed Cas Skrzypczak, to the Board. He is an experienced director who brings considerable international business and management skills to the company.

Cas brings his extensive experience with some of the world’s largest telecommunications, software and network companies including ECI Telecom (NASDAQ: ECIL), IP Unity Corp, JDS Uniphase (NASDAQ: JDSU), Somera Communications (NASDAQ: SMRA), Sirenza Microdevices (NASDAQ: SMDI) and WebEx Communications, Inc (NASDAQ:WEBX)

Chris Jones, CEO of Argent Networks says that the new appointment to the Board is another significant boost as the company can draw on the added global business perspectives of its leading directors like Cas. (more…)

Leading New Zealand technology and telecommunications solutions company Argent Networks has announced that it has appointed Larry Barker as its new CEO to take the company forward as part of a global strategy formulated by founder and Chief Executive Chris Jones and his Board several months ago.

The appointment of Larry Barker as the new CEO is part of a planned exit strategy designed by Chris Jones and his Board in order to manage Argent’s next growth phase. Chris Jones will remain active on the Argent Board as a non-executive director and will also pursue his other directorships and business interests. (more…)

InfoVista (Euronext: IFV, ISIN: FR0004031649, NASDAQ: IVTA), a leading performance management software company, today announced financial results for the quarter and full year ended June 30, 2006.

Reflecting on InfoVista’s fourth quarter performance, Gad Tobaly, Chief Executive Officer, commented: “The fourth quarter was the best quarter ever in our company’s history. Fiscal year 2006 is another year of profitability and double-digit revenue growth. In an environment where IT functionalities are increasingly delivered as services, performance assurance is becoming more and more critical. This transformation is a key success factor for us. We are growing faster than our markets, confirming InfoVista’s leading position in its segment.”

Total revenues for the quarter increased to EUR11.3 million, up 18% over the comparable period last year. InfoVista achieved positive net income in the quarter, totaling EUR0.8 million, an improvement from EUR0.4 million in the comparable quarter last year. For the year ended June 30, 2006, total revenues amounted to EUR40.6 million, an 18% increase over the previous year. Net income improved to EUR0.5 million for fiscal year 2006 from EUR0.1 million in fiscal year 2005. (more…)

VoluBill, a leading provider of flexible data charging solutions to telecoms operators, today announced its further expansion into Africa’s mobile market with a strategic new deal in Cameroon. Under the terms of the agreement VoluBill will supply its Charge itâ„¢ suite of solutions to Orange Cameroon, the country’s biggest and fastest growing mobile operator. VoluBill’s combined technologies will offer the flexibility and scalability to enable Orange to quickly implement mobile services and pricing when required. The solutions will also provide revenue generating support for Orange’s new wireless data offerings such as WAP and other General Packet Radio Services (GPRS). (more…)

Subex Azure Limited, the Bangalore-based Telecom Software Product company announced today that it has registered a first quarter profit after tax of Rs. 40.28 Million (US $0.88 Million). Subex reported the following (Unaudited) results for the first quarter in FY07: Revenue of Rs. 483.8 Million (US $10.5 Million) Net Profit of Rs. 40.28 Million (US $0.88 Million) (more…)

Convergys Corporation (NYSE: CVG), a global leader in providing customer care, human resources, and billing services, announced today its financial results for the second quarter of 2006.

Highlights
- Convergys total revenue up 10 percent; operating income up 65 percent
- Customer Care operating income jumped 146 percent; revenue up 14 percent
- Strong international growth in Information Management
- Employee Care revenue up 32 percent; operating losses reduced by 34 percent
- 2006 GAAP EPS guidance increased to at least $1.11 per share

Revenues of $691.8 million were up 10 percent compared to the second quarter of 2005 reflecting growth in both Customer Care and Employee Care. Operating income increased 65 percent to $62.8 million compared with $38.0 million in the prior year. Second quarter 2005 results included a restructuring charge of $8.9 million. Revenue growth and cost savings from 2005 initiatives at both Customer Care and Employee Care contributed to the improvement in results. Net income increased 55 percent to $39.8 million versus $25.6 million in the prior year. EPS increased 56 percent to $0.28 per diluted share versus $0.18 per diluted share in the prior year. Non-cash stock-based compensation expense in the second quarter was $7.4 million, or $0.04 per diluted share, compared to $6.5 million in the prior year. (more…)

MTS, Mer Telemanagement Solutions Ltd. (NASDAQ Capital Market: MTSL), a provider of business support systems (BSS) for comprehensive telecommunication management and customer care & billing solutions, has signed a definitive agreement to acquire the telecom expense management and call accounting software assets of TelSoft Solutions, Inc. of Glendale, California. The acquisition will expand MTS’ TEM (Telecommunications Expense Management) solution.

“This acquisition is in line with our business objectives and delivers on our strategy to improve our market position, accelerate growth and profitability and as a result enhance shareholder value,” said Eytan Bar, President and CEO of MTS.

Under the terms of the agreement, MTS will acquire certain assets of TelSoft and assume certain enumerated liabilities. MTS will pay TelSoft $1.1 million in cash plus earn-out payments based on revenue milestones for the 12 month period following the acquisition. The acquisition is expected to be completed on July 31, 2006. (more…)

Clarity International, a global supplier of next-generation Operational Support Systems (OSS), has signed a multi-million-dollar contract with Indonesian tier one telecommunications service provider PT Telkom.

PT Telkom selected Clarity OSS apparently after an extensive international search. PT Telkom was seeking world-best technology to unify and improve its services across all its products while reducing operational costs. (more…)

MetaSolv Software, Inc., a global leader in comprehensive operations support system (OSS) solutions for next-generation communications service providers, today announced that Telstra, Australia’s leading media-communications company, has selected MetaSolv for a key role in its Operational Support System transformation. MetaSolv’s Activation 5 will provide multi-service activation for Telstra’s next-generation voice, broadband, IP wireline and 3G wireless networks and services.

“Telstra is transforming its business to deliver a ‘one click, one touch, one button, one screen, one step solutions’ environment for customers and employees. The company’s vision is a simpler IT environment that involves partnering with world-class suppliers using proven off-the-shelf solutions. We are pleased to welcome MetaSolv as one of our partners in the Operations Support Systems (OSS) transformation space,” Mr. John McInerney, Program Director, IT Transformation, Telstra Corporation said.

MetaSolv’s multi-year, multi-million dollar agreement is planned to provide Telstra with a sophisticated, scalable next-generation activation platform that enables multi-service activation across all technology domains, including multi-vendor 3G wireless and IP-based networks. Telstra will use MetaSolv to help consolidate its activation systems, with the aim of reducing operations costs, improving customer service and accelerating time-to-market for new services through rapid service introduction and bundling. (more…)

Comptel Corporation, a leading Operational Support System (OSS) software vendor for convergent mediation, charging, provisioning and network inventory, announced today that Gibraltar’s Gibtelecom, an affiliate of Verizon, has now deployed Comptel’s mediation solution, and signed a further agreement to use Comptel’s reporting and provisioning solution. Gibtelecom will be using Comptel’s convergent solutions for its fixed, mobile and Internet services.

Mr. George Gaskin, Gibtelecom’s IT Manager says: “Comptel was selected following a competitive tender for both mediation and provisioning. Obviously, by the time we came to choose a solution for reporting and provisioning, we had already worked with Comptel, so we felt confident that Comptel’s solutions would meet our needs. These solutions will enable us to provide even better services to our customers, while helping combat fraud.”

Gibtelecom chose Comptel EventLink® because it needed a convergent mediation solution that would be able to handle, collect and process usage information across all networks and services, allowing a greater flexibility in billing for these services. Comptel’s mediation solution offered an off-the-shelf integration with Gibtelecom’s billing systems. The solution is now deployed and live, managing Gibtelecom’s services, including GSM, GPRS and MMS. (more…)

Intec, a provider of software to the global telecoms industry, is has recently announced that it has agreed to acquire the operating assets of outsourced telecoms billing specialist, EUR Systems (“EUR”) of Pennsylvania, USA, from current owners Saratoga Partners.

“Intec has built a successful and profitable business in billing services and software for US carriers,” said Intec CEO Kevin Adams. “Economies of scale are important in this business, so consolidating a key competitor in the US market is a good move for us. We have already identified a number of immediate cost synergies, and we expect to be able to begin enhancing EUR’s financial performance from day one.”

The consideration, which will be paid in cash, is approximately $13.5 million*, subject to a working capital adjustment. The value of the gross assets being acquired is approximately $6.6 million. The transaction is expected to close in approximately 30 days. On closing, Intec will combine the operations of EUR into its existing North American business, and expects to be able to make the acquisition earnings enhancing in the financial year ending 30 September 2007. (more…)

Nakina Systems Inc. (“Nakina”), a provider of multi-vendor security and element management solutions to network operators worldwide, today announced that Dave Vicary, president and CEO at Nakina, was recently named an Ontario finalist in the Ernst & Young Entrepreneur of the Year 2006 awards. Vicary is one of three finalists in the Information Technology category. Nominees in a total of 12 categories were chosen based on demonstrated leadership, drive and innovation.

“It is truly an honor to be recognized by Canada’s most prestigious business awards program,” said Vicary. “This acknowledgement clearly validates the progress Nakina Systems has made during its few short years of existence in delivering innovative telecom and data network management solutions to service providers worldwide.”

On October 19th, one finalist in each business category will receive a regional category award. One person chosen from among the 12 category winners will then be awarded Entrepreneur of the Year for Ontario. The Ontario award winner will compete against other top entrepreneurs from across Canada for the national award. The Canadian winner will then face off against more than 35 country recipients for the title of World Entrepreneur of the Year. The Ernst & Young achievement follows other recent Nakina accomplishments. (more…)

Amdocs Limited (NYSE: DOX) today reported that for the quarter ended June 30, 2006, revenue was $626.4 million, an increase of 23.5% from last year’s third quarter. Excluding acquisition-related costs, which include amortization of purchased intangible assets and the write-off of in-process research and development and excluding equity-based compensation expense, net of related tax effects, of $20.6 million, net income on a non-GAAP basis was $106.2 million, or $0.49 per diluted share, compared to non-GAAP net income, excluding $1.7 million of acquisition-related costs net of related tax effects, of $78.8 million, or $0.37 per diluted share, in the third quarter of fiscal 2005. The Company’s net income was $85.6 million, or $0.39 per diluted share, compared to net income of $77.1 million, or $0.36 per diluted share, in the third quarter of fiscal 2005. Free cash flow, defined as cash flow from operations less net capital expenditures and principal payments on capital leases, was $94 million in the quarter. (more…)