Oracle (NASDAQ:ORCL) has announced that ON Telecoms, a new communications service provider in Greece, has implemented Oracle(R) Communications Billing and Revenue Management to expedite its entry into the triple-play market. Oracle Communications Billing and Revenue Management provides ON Telecoms with a flexible, comprehensive billing application. The service provider implemented the solution swiftly, allowing it to deliver services quickly and win customers.

With Oracle, ON Telecoms achieved its goal to be the first company in the Athens area to take advantage of market deregulation and build a triple-play business to challenge the incumbent. The provider offers voice, high-speed Internet access and IPTV to residential and business customers. ON Telecoms selected Oracle for its out-of-box functionality that supported rapid time to market and swift return on investment, as well as the company’s proven track record for fast-track implementations in the triple-play arena. The Oracle implementation took less than seven weeks and after testing the solution, ON Telecoms launched the service in just six months.

During the implementation, Oracle provided knowledge transfer and application training that empowered ON Telecoms to take control of its billing application and manage it without unnecessary oversight. This gave the provider critical flexibility and ensured a predictable total cost of ownership.

Oracle Communications Billing and Revenue Management, implemented on Oracle infrastructure software including Oracle Database and Oracle Application Server, supports billing services for all ON Telecoms residential and business customers who purchase services through various bundles and subscription rates. The application delivers a real-time, single view of the customer including service plan, history and billing information. This view enables ON Telecoms to deliver personalized service and offer flexible billing options, leading to increased customer satisfaction. In addition, the application’s revenue management tools allow ON Telecoms to analyze data to maximize revenue and reduce leakage.

ON Telecoms S.A. has a Nationwide General Telecommunications License and has now completed the initial phase of a fully owned metropolitan fiber network in Attica by delivering a new generation of telecommunications services. The company is fully owned by ON Network Holdings NV registered in the Netherlands. ON Network Holdings Shareholders include the company’s top management and ARGO Capital Partners Fund LTD as financial sponsor. ON Telecoms management team combines knowledge, experience and vision, a combination which enables its success. For more information, please visit http://www.ontelecoms.com/.

About Oracle Communications
Oracle is #1 in Communications globally with 19 of the world’s top 20 telecommunications companies running Oracle applications. Oracle Communications integrates industry-specific BSS and OSS solutions with the capabilities of Oracle’s industry-leading enterprise applications, business intelligence tools, and carrier-grade middleware and database technologies. Oracle Communications enables service providers to deliver next generation convergent services rapidly, increase customer satisfaction and loyalty, and reduce costs in the business and the network. For more information, visit http://www.oracle.com/industries/communications.

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