Comptel Corporation Reports Successful 2006
Comptel Corporation, the leading Operational Support System (OSS) software vendor for convergent mediation, charging, provisioning and network inventory, announced on February 14 the financial results for the fourth quarter and for 2006. These results underline Comptel’s continuing success, growth and leadership in its chosen area of business.
Some of the 2006 highlights include:
* Turnover up over 21% to EUR 80.4 million (2005: 66.1)
* Operating profit excluding non-recurring items up 18% to EUR 14.0 million (11.9)
* 29 new core licenses sold across the various business areas (provisioning, mediation, inventory and TETRA) around the globe
Commenting on the results, CEO Sami Erviö said: “In October-December, Comptel sold a record-breaking 13 new core licenses, many of which were focused on Eastern Europe. Our business perspectives also remained positive in the developing markets of the Middle East, Africa and Asia. In accordance with our strategy, we strengthened our local presence by establishing a representative office in South Africa in October. We reached the financial targets we had set for 2006, and overall it’s been a good year for Comptel.”
For full details on the results, visit www.comptel.com
About Comptel Corporation
Comptel has made deliveries to over 250 customers in 80 countries worldwide including leading operators from across different market areas, such as AIS, América Móvil, Bharti, Brasil Telecom, China Mobile, Deutsche Telekom, KPN, O2, Saudi Telecom, SWIFT, T-Mobile International, TIM, Telefónica, Telenor, TeliaSonera, VimpelCom and Vodafone. Comptel has around 550 employees and a turnover of EUR 80 million (2006). Comptel was established in 1986 and is listed on the Helsinki Stock Exchange (CTL1V) in Finland. For more information, visit www.comptel.com.
