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NEC to Acquire Convergys Information Management Business

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NEC Corporation has agreed to acquire Convergys Corporation’s Information Management (IM) business, which is recognized for its industry-leading record of delivering Business Support Systems (BSS) transformations to communications service providers around the world. The transaction is valued at $449 million US and covers all of IM’s business, including Smart Revenue Solutions, across different verticals, including communications, utilities, and logistics.

The acquisition underscores NEC Corporation’s long-standing commitment to offering innovative solutions to the communications industry, enabling service providers to transform their business and successfully compete in a rapidly changing environment. The IM business has enabled service providers around the world to transform their BSS environment and create the foundation for next-generation billing, customer care, and revenue management.

Following the acquisition, the IM business and organization will be integrated into NetCracker Technology Corporation, a subsidiary of NEC. NetCracker will be responsible for all business operations of the combined entity. With this acquisition, NetCracker will add key BSS expertise, software, and services to its market-leading Telecom Operations and Management Solutions (TOMS) suite. The combination of IM’s BSS products and NetCracker’s TOMS solutions will create a compelling end-to-end portfolio that will bring experience and innovation to service providers and other industry verticals — whether they access BSS/OSS solutions through the cloud, as a managed service, or as an on-premise system. [Read more…]

Open Mobile is betting on technology to provide a better service

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In order to facilitate the interaction between the human and technical processes, oriented to the information´s management and business processes, Open Mobile, a Puerto Rican leading telecommunications company, has successfully completed the upgrade of its information´s platform with Smart Flex, product of Open International Systems Corp, leader in development and implementation of B / OSS solutions. [Read more…]

Subex Wins Managed Services Contract for ROC Fraud Management from IDEA Cellular

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Subex Ltd, a leading global provider of business support systems (BSS) for Communications Service Providers (CSPs), has won a million dollar contract for providing its industry leading ROC Fraud Management solution through Managed Services for IDEA for Postpaid and Roaming. This is a fully outsourced Managed Services deal where Subex will be running the operator’s entire fraud management operations. IDEA Cellular is the third largest mobile services operator in India, in revenue terms, with over 100 million subscribers. [Read more…]

Subex launches Integrated Bypass Fraud solution

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Subex Ltd, a leading global provider of business support systems (BSS) for Communications Service Providers (CSPs), has launched its Integrated Bypass Fraud solution. The solution has been introduced to combat the growing threat of Bypass Fraud and help CSP’s more proactively reduce fraud losses. [Read more…]

Leading Asian Operator to deploy Tango Telecom Policy Controller

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Tango Telecom, (www.tangotelecom.com), the leading provider of Policy Control, Real-time Charging and Advanced Messaging solutions, recently announced a major deal with a leading operator in Asia to deploy its advanced Policy Controller, providing an user friendly advanced data charging solution for the operator’s rapidly growing subscriber base. [Read more…]

Mobile Payments & NFC World Summit 2012

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Mobile Payments & NFC World Summit 2012 will draw together highly-regarded speakers representing the mobile network operators, banks, money transfer providers, mobile transfer networks, mWallets, retailers, public transit providers, ‘interoperability hubs’, handset manufacturers, technology and equipment providers to share their latest efforts in launching mobile financial services and the key challenges facing them. [Read more…]

Clarity wins Stratecast

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Clarity has been awarded the 2012 Global Technology Innovation Awards in Network Services Business Quality Management by Stratecast | Frost & Sullivan. The award follows a successful and exciting 12 months in Clarity’s history demonstrated further by the recent announcement of its 2011 results, further accolades and customer wins. [Read more…]

VOSS Solutions Selected as Finalist for Best of Enterprise Connect 2012 Award

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VOSS Solutions has been selected as one of six companies chosen as a finalist for Enterprise Connect Orlando’s Best of Enterprise Connect Award. The Best of Enterprise Connect winner will be announced during the event, which is happening March 26-29, 2012 at the Gaylord Palms in Orlando, FL. For more information visit: http://www.enterpriseconnect.com/bestofenterpriseconnect/. [Read more…]

Maturity of Subex’s FCCBs Being Extended

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Subex Ltd, a leading global provider of Business Support Systems (BSS) for Communications Service Providers (CSPs), announced recently that RBI has approved the extension of the maturity period of all the outstanding FCCBs to 9th July, 2012. This extension was sought by the company to have adequate time to complete the re-structuring activity that it is undertaking with the existing bondholders. Subex has convened a meeting of the bondholders on the 6th of March, during which meeting the bondholders are expected to approve this extension. With the approval, the extension process will be complete paving the way for the second stage. [Read more…]

Convergys Launches New Version of Rating & Billing Manager to Control and Personalize Data Usage

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Convergys Corporation (NYSE: CVG) announced at Mobile World Congress 2012 the launch of the latest version of its Rating & Billing Manager. Together with Active Mediation this new version provides standards-based real-time policy control that links the network interface to billing and charging. In addition, the new solution brings real-time promotion capabilities to proactively identify up-sell opportunities and reduce churn. Rating & Billing Manager is part of Convergys’ Smart Suite of products, which enable communications operators to have tight control on customer data usage that is personalized to individual preferences, charging and usage history. [Read more…]

Comptel Focuses on Making Data Beautiful to Help Telecom Operators Improve Customer Engagement

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Comptel Corporation (NASDAQ OMX Helsinki: CTL1V) has unveiled new branding and positioning to continue the execution of its business strategy. The company is focused on helping communications service providers (CSPs) better engage with their customers in order to enhance subscribers’ satisfaction and loyalty and maximise revenue opportunities. [Read more…]

The automotive M2M market on the rise

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According to leading analysts, the telematics sector represents one of the greatest business opportunities for Machine-to-Machine (M2M).

From less than 90 million connections globally in 2010 the automotive M2M market will grow to almost

1.4 billion connections by the end of 2020; expecting that the sector will generate €157 billion revenue in 2020. Amongst others, one of the biggest revenue generating segments will be tracking in the area of logistics as the logistical market for cloud-based multi-provider service platforms is boosting. These online platforms enable logistic companies to combine IT-based services according to their needs as well as using them remotely via internet. Orga Systems focuses exactly on that domain of vehicle and transportation telematics, supporting service providers in designing flexible and high value-added services as well as innovative solutions.
Monitoring events at all time [Read more…]