Portal Software, Inc. (Pink Sheets:PRSF), the premier provider of billing and Revenue Management solutions for the global communications and media markets, today announced preliminary, unaudited business results for its fiscal 2007 first quarter ended April 28, 2006. (more…)
Portal Software, Inc. (Pink Sheets:PRSF), the premier global provider of billing and Revenue Management solutions for telecommunications and media markets, today announced that more than 85 percent of its customers intended to repurchase products and services, with 66 percent of customers looking to upgrade in the next 12 months, according to the latest Portal Customer Satisfaction Scorecard, a semi-annual customer survey conducted by CustomerSat. In contrast, a recent VanillaPlus Magazine and Yankee Group survey of 101 billing and IT executives from a broad range of carriers released in February 2006, found only 53 percent of carriers decided to continue with their current vendor and nearly 45 percent planned to expand usage of their current system, putting Portal’s results well above the industry average. (more…)
Oracle (NASDAQ: ORCL) today announced that it will acquire Portal Software, Inc. (OTC BB: PRSF.PK), a leading global provider of billing and revenue management solutions for the communications and media industry, through a cash tender offer for $4.90 per share, or approximately $220 million.
“The combination of Oracle and Portal delivers the first end-to-end packaged enterprise software suite for the communications industry,” said Oracle’s President Charles Phillips. “We supply technology and applications to over 90% of communications companies worldwide today, and billing is a logical and complementary addition for those customers.”
Oracle has had a long commitment to the communications industry. 17 of the top 20 most profitable communications companies run Oracle applications. Additionally Oracle’s Siebel Telecom applications have become the standard for telco call centers and customer care. Oracle Database 10g is the leading relational database and TimesTen is the most widely used in-memory database for the communications industry. Oracle Fusion Middleware is the fastest growing service delivery platform for next generation networks using network independent standards. (more…)
Portal Software, Inc.’s (Pink Sheets:PRSF) Senior Vice President of Sales, Marketing, and Alliances, Bhaskar Gorti, is a featured presenter on the “Promise of Triple Play/Quadruple Play” panel at the Total Telecom World Telecommunications Congress. The presentations will focus on IMS Billing Standards and Prepaid/Postpaid Convergence. (more…)
Portal Software, Inc. (Pink Sheets:PRSF), the premier global provider of billing and Revenue Management solutions for telecommunications and media markets, announced today it has appointed Bruce Grainger as vice president of sales for the Americas. Grainger has headed Portal’s sales activities in the Caribbean and Latin America (CALA) since 2001 and will now also assume responsibility for sales in the United States and Canada. (more…)
Portal Software, Inc. (Pink Sheets:PRSF), the premier global provider of billing and Revenue Management solutions for telecommunications and media markets, announced today that Telecom Argentina has selected Portal 7 to power creative pricing and promotion plans and fully convergent services for its customers. Initially, Telecom Argentina will deploy Portal 7 to provide rating for high-speed data and VoIP service offerings to its broadband customers. (more…)
Dr. Graham Carey, director of product marketing, Portal Software, Inc., (Pink Sheets:PRSF) is a featured presenter at the MMS Congress 2006. His presentation, titled “Examining the Billing Requirements Needed to Support MMS,” will evaluate the impact of MMS on the billing system; discuss the specific challenges of billing for MMS; and detail ways to evolve the billing infrastructure in order to support complex charging models for MMS. (more…)
Portal Software, Inc. (Pink Sheets:PRSF), the premier global provider of billing and Revenue Management solutions for telecommunications and media markets, today announced that it will hold a conference call to discuss preliminary financial information for the fourth quarter and fiscal 2006 periods on Wednesday, February 8, 2006 at 5:00 p.m. EST/2:00 p.m. PST.
(more…)
Portal Software, Inc. (Pink Sheets:PRSF), the premier global provider of billing and Revenue Management solutions for telecommunications and media markets, today announced the general availability of published tests for certification of Portal Specialist and Portal Professional consultants through the Portal Certification Program. To date, more than 100 individuals have been certified in the three Specialist Certifications available, which include Portal Server Specialist, Portal Pricing Specialist, and Portal System Administrator, as well as the Portal Professional level of certification.
(more…)
Portal Software, Inc. (Pink Sheets:PRSF), the premier global provider of billing and Revenue Management solutions for telecommunications and media markets, announced today that FASTWEB is expanding its use of Portal to support its expansion into a variety of next generation service offerings for its customers in Italy.
(more…)
Portal Software, Inc. (Pink Sheets:PRSF), the premier global provider of billing and Revenue Management solutions for telecommunications and media markets, today introduced the Portal Certification Program. Available to Portal’s customers, system integrators and technology partners, the Portal Certification Program offers training and testing for professionals whose job function includes the installation, implementation and configuration of Portal’s billing and Revenue Management platform. Five-day preparation training courses for the Certification exams are now available through Portal Educational Services. Certification testing will commence in January 2006.
(more…)
Portal Software, Inc. (Pink Sheets:PRSF), the premier global provider of billing and Revenue Management solutions for telecommunications and media markets, announced today that WorldSpace, one of the world leaders in satellite-based digital radio services, selected Portal to provide billing and Revenue Management solutions for its global operations. Through its subscription-based service, WorldSpace broadcasts news, sports, music, and educational programming to satellite radios in over 130 countries including India, China, South Africa, the Middle East, and countries in Western Europe.
(more…)
Windstream Corp. of Little Rock said Monday that it had completed its $647 million acquisition of NuVox Inc., a private competitive local exchange carrier based in Greenville, S.C. Windstream issued about 18.7 million shares of its common stock valued at about $187 million and paid about $280 million in cash as part of the deal, announced last year ...
Singapore Telecommunications Ltd. , Southeast Asiaa s largest phone company, reported third-quarter profit rose 24 percent on demand for mobile services at home and rebounding earnings from Indonesia.
The prosecution of a Swedish man charged with breaching the computer networks of NASA and Cisco Systems and making off with sensitive source code will be transferred to Swedish authorities, US federal prosecutors said Monday.
Nortel Networks Corp. says it has reached a deal with its pensioners and employees on long-term disability.
BT has revealed it is in discussions with telecoms regulator Ofcom about opening access to its ducts and telegraph poles to other broadband providers so they can install their own next-generation broadband fibre lines.
Financially troubled FairPoint Communications Inc. has submitted its bankruptcy reorganization plan after two months of delays.
Nokia Corp. said Monday it will lay off 285 people in Finland, as the world's largest mobile phone maker strives to cut costs and streamline operations.
Italian operator insists it is in the process of compiling a short list from a 'number of bidders'. Telecom Italia denied Thursday a report that only two bidders remained in the running for its stake in Telecom Argentina.
TechSerious.com Additional Listings Get organized with Microsoft Windows Server.
Genpact Limited , a leader in managing business processes, today announced financial results for the fourth quarter and full-year ended December 31, 2009.
The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE: Air Products & Chemicals Inc., down $5.05 at $68.64 The industrial gas supplier made an unsolicited bid of about $5.1 billion for Airgas Inc.
The unemployment rate in the U.S. unexpectedly dropped to 9.7 percent in January, indicating the labor market may be poised to climb out of its deepest slump since World War II.
PAETEC Holding Corp. has unveiled plans for an expansive, high-tech data center in Andover, Mass., approximately 24 miles north of Boston.
Headquarters would use the Seneca Building Downtown, and also the Midtown parking garage would stay.
Nokia is on a roll after its stagnant 2009, with strong quarterly results and rising smartphone share.
