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.
WorldSpace will use Portal’s Revenue Management platform, Portal 7, to manage billing for all customer equipment purchases, activation fees, and monthly satellite radio subscription services. WorldSpace sought a billing solution that provided the flexibility and scalability to manage the company’s global operations, which are expected to grow to more than 10 million subscribers over the next 10 years. The Portal solution will integrate with WorldSpace’s SAP system to provide an integrated financial and Revenue Management solution to optimize profitability, maximize growth, and ensure customer satisfaction.
“Portal was the best choice for our billing and Revenue Management system,” said Mike Berkley, CIO of WorldSpace. “We view Portal’s experience providing solutions to the satellite radio industry, its ability to support billing in numerous languages, and its capacity to scale with our expected growth as assets to our ongoing success.”
WorldSpace delivers the latest tunes, trends, and information from around the world via its satellite radio service. WorldSpace subscribers benefit from a unique combination of local programming, original WorldSpace content, and content from leading brands around the globe, including the BBC, CNN, Virgin Radio UK, NDTV, and RFI.
“WorldSpace’s opportunity in the global satellite radio market is tremendously exciting,” said Bhaskar Gorti, senior vice president of Portal Software. “By enhancing its ability to globally manage subscription and customer care in a variety of languages, Portal empowers WorldSpace to deliver its services in a way that helps to drive customer satisfaction and loyalty.”
Portal 7 is a service-agnostic platform that enables service providers to manage revenue across networks of any type — wireline or wireless, circuit-switched or IP, voice or data. Portal 7 ensures all transactions are captured, rated, discounted, and charged, and that bills are generated accurately and revenues collected. Optimized to support multi-payment (pre-, post-, and now-paid) customers in high-volume environments, Portal 7 delivers breakthrough performance, availability, and scalability. With Portal 7, service and content providers are able to deliver services that are optimally priced for their businesses, customers, and partners.