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…)
Mumbai and Paris, -- Alcatel-Lucent Managed Services, the first of its kind managed network services joint venture company of Alcatel-Lucent and Reliance Communications , one of India's largest integrated telecommunications service provider, today completes one year.
A giant U.S. "vulture" fund is in the hunt for Nortel Networks Corp. MatlinPatterson Global Advisors, a private-equity investor in distressed companies, says it believes Nortel can still survive as a free-standing company and does not have to be auctioned off in pieces.
Telefonica SA is eying a bid for Deutsche Telekom's T-Mobile UK, which analysts value between EUR3 billion and EUR4 billion after several years of underpeformance, according to a Financial Times report.
The implementation is a key element of Kyrgyztelecom's plans to build a next-generation Metro Ethernet fiber-to-the-home aggregation network, initially in the capital of Bishkek and then across other cities.
Cisco Systems believes networking among doctors as well as among sensors in the field can help prevent pandemics, Chairman and CEO John Chambers said in a keynote address at the company's annual Cisco Live customer conference that was briefly disrupted by a protest and a technical glitch.
Canada's continuing fire sale of local TV stations got rained on this week as cable operator Shaw Communications pulled plans to buy three over-the-air outlets from CTVglobemedia for $1 each.
The never ending saga of Dish Network Corp. A versus TiVO Inc. ends up hurting shareholders more while the two companies duke it out in court over technology patents.A Today TIVO shares are the big loser down 14% while DISH shares are off 2%, but the battle is far from over.
The government is helping two dozen TV stations that became difficult to receive by antenna when they switched to new frequencies as part of the digital TV transition, the Federal Communications Commission said Thursday.
Required fields are marked with an asterisk The information you provide will be used only to send the requested e-mail and will not be used to send any other e-mail communications.
Millicom International Cellular has announced that its previously announced strategic review of its Asian assets is progressing according to plan.
ADTRAN , Inc., , a leading provider of next-generation networking solutions, today announced that Rice Belt Telephone, a progressive independent telephone company based in Arkansas, has selected the Total Access 5000 for its Fiber-to-the-Premises deployments.
Canadian television giant CTV Inc. says that Shaw Communications Inc. will not proceed with the purchase of three over-the-air TV stations for $1 each.
There is only one obvious question in Cisco's overture Tuesday that it might take on Microsoft and Google in the online productivity application arena -- what took so long? On Tuesday, Doug Dennerline, senior vice president of Cisco's collaboration software group, said during the Cisco Live Virtual conference that the company might compete with ...
The new head of FairPoint Communications said Wednesday the company will have to make some big changes to get out of its financial pinch, but he's optimistic it won't have to file for bankruptcy reorganization.
MONROE, La. - CenturyTel Inc. is expected to close its acquisition of Embarq Corp., forming a new rural telecommunications giant.
