16.06.2008 11:00:00
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Kabel BW of Germany Selects Comverse to Deploy Billing Solution to Support Service Expansion
Comverse, the world's leading supplier of software and systems enabling
network-based multimedia enhanced communication and billing services,
today announced that Kabel BW, a leading triple-play cable operator in
Germany, has selected Comverse Billing solution to support its
subscriber base of approximately 2.3 million households. Comverse is
responsible for the solution’s integration
with both the operator’s existing legacy
systems and with the SAP Customer Relationship Management (CRM) solution.
Kabel BW is in the process of upgrading its broadband cable network to
enhance its triple-play offers and interactive services, such as
video-on-demand and gaming, which are provided to 95% of the its cable
TV households. The Comverse Billing solution will also support this
expanded services launch.
"Kabel BW is expanding its service portfolio
broadly in a short timeframe and we needed to rely on robust BSS
solutions that integrate well with each other and with our existing
legacy systems,” said Ralf Lahm, CIO of Kabel
BW. "The Comverse’s
Billing Solution gives us many advantages in streamlining our operations
and reducing OPEX. We believe that having end-to-end customer care and
relationship management will maintain our edge for subscriber retention
in our competitive market.”
Comverse Billing and Customer Care solutions are optimized for the
converging communications market, and provide an advanced set of active
customer management solutions from customer self-service, ordering and
activation, through real-time charging and payments. Comverse Billing
solutions have been widely adopted around the globe and have delivered
strong ROI to clients.
"With one of the largest broadband coverage
rates in Europe, Germany represents a market ready for the advantages of
Comverse Billing with its path to total convergence,”
commented John Bunyan, Chief Marketing Officer of Comverse. "We
are very pleased to be selected together with SAP’s
CRM solution to support Kabel BW’s
triple-play, and eventually quad-play services. We take this as
testament to our solution’s ability to
support service provider evolution and growth.” About Kabel BW
Kabel BW is one of the first large providers to have introduced
triple-play services in cable, including analog and digital cable TV,
broadband Internet access and telephony services. Today Kabel BW is one
of the largest cable operators in Germany and Europe with more than 2.3
million customers. While continually completing its triple play
offering, Kabel BW offers more than 400 TV- (including HDTV) and 150
Radio-Channels, and it provides high speed Internet with up to 32 Mbit/s
as well as telephony. See www.kabelbw.de
for more information about Kabel BW.
About Comverse
Comverse is the world’s leading provider of
software and systems enabling network-based messaging and content
value-added services, prepaid, postpaid and converged billing and
IP communications. Comverse solutions generate revenues, strengthen
customer loyalty and improve operational efficiency for over 500
communication service providers in more than 130 countries. The
company's Total CommunicationSM portfolio
facilitates personalized lifestyles in an evolving connected world and
is based on the InSight™ Open Services
Environment. Comverse’s solutions support
flexible deployment models, including in-network, hosted and managed
services, and can run on circuit-switched, VoIP, IMS and converged
network environments. Comverse is a subsidiary of Comverse Technology,
Inc. (CMVT.PK). For more information, visit www.comverse.com.
All product and company names mentioned herein may be registered
trademarks or trademarks of Comverse or the respective referenced
company(s). This release contains "forward-looking
statements” under the Private Securities
Litigation Reform Act of 1995 that involve risks and uncertainties.
There can be no assurances that any forward-looking statements will be
achieved, and actual results could differ materially from forecasts and
estimates. Important factors that could affect Comverse include: the
results of the investigation of the Special Committee, of the Board of
Directors concluded on January 28, 2008, of matters relating to Comverse’s
stock option grant practices and other accounting matters; the impact of
any restatement of financial statements of Comverse or other actions
that may be taken or required as a result of such investigation or as
result of Comverse’s VSOE evaluation; Comverse’s
inability to file reports with the Securities and Exchange Commission;
the effects of the delisting of Comverse’s
Common Stock from Nasdaq and the quotation of Comverse’s
Common Stock in the "Pink Sheets,”
including any adverse effects relating to the trading of the stock due
to, among other things, the absence of market makers; risks relating to
Comverse’s ability to relist its Common Stock
on NASDAQ; risks relating to alleged defaults under Comverse’s
ZYPS indentures, including acceleration of repayment; risks of
litigation (including the pending securities class action and derivative
lawsuits and any potential civil injunctive action by the Securities and
Exchange Commission) and of governmental investigations or proceedings
arising out of or related to Comverse’s stock
option practices or any other accounting irregularities or any
restatement of the financial statements of Comverse, including the
direct and indirect costs of such investigations and restatement;
changes in the demand for Comverse’s
products; changes in capital spending among Comverse’s
current and prospective customers; the risks associated with the sale of
large, complex, high capacity systems and with new product introductions
as well as the uncertainty of customer acceptance of these new or
enhanced products from either Comverse or its competition; risks
associated with rapidly changing technology and the ability of Comverse
to introduce new products on a timely and cost-effective basis;
aggressive competition may force Comverse to reduce prices; a failure to
compensate any decrease in the sale of Comverse’s
traditional products with a corresponding increase in sales of new
products; risks associated with changes in the competitive or regulatory
environment in which Comverse operates; risks associated with
prosecuting or defending allegations or claims of infringement of
intellectual property rights; risks associated with significant foreign
operations and international sales and investment activities, including
fluctuations in foreign currency exchange rates, investments in auction
rate securities, interest rates, and valuations of public and private
equity; the volatility of macroeconomic and industry conditions and the
international marketplace; the risk of declines in information
technology spending; risks associated with Comverse’s
ability to retain existing personnel and recruit and retain qualified
personnel. Comverse undertakes no commitment to update or revise
forward-looking statements except as required by law.
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