With India Approaching the Billion Mobile Subscriber
Milestone, Comverse Has the Largest BSS Market Share
WAKEFIELD, Mass., May 14, 2012 (GLOBE NEWSWIRE) -- Comverse(R)
(Nasdaq:CMVT), the global leader in business enablement through BSS,
mobile Internet, value-added and managed services, announced today that
it has won top honors as India's Largest BSS Vendor at the National
Telecom Awards 2012.
The award was presented by Dr Hamadoun Toure, Secretary General of the
International Telecommunication Union (ITU) based in Geneva, on behalf
of the Association of India Communication Multimedia and Infrastructure
(CMAI), with the official support of the government of India. Prominent
Indian government ministers and top executives of leading Indian
operators attended the event.
"The only way to become the BSS leader in a market as huge and dynamic
as India is by offering a solution that empowers operators to deliver
the best user experience, monetize any service bundle, and compete
effectively. Among the first in the Indian market when mobile was
launched there, Comverse has enabled operators to grow at incredible
rates," said Roni Levy, Senior Vice President, Head of BSS at Comverse.
"We are proud to be the choice of so many Indian operators. This trophy
will occupy a place of honor among our awards for excellence and
achievements in technology, strategy and industry leadership."
In addition to capturing the largest BSS market share in India,
Comverse is a global leader in converged billing, drawing from nearly
30 years of leadership adding value to operator systems worldwide
through our market-leading BSS and in-network solutions.
Comverse's flagship Comverse ONE(R) Billing and Active Customer
Management solution is the first single-system converged BSS that
unifies critical business functions -- from policy (management &
enforcement) to telco-specific CRM, to charging and billing. This
approach removes complexity, increases efficiency, and enhances
business agility, accelerating time to revenue for new business models
and attractive opportunities in mobile broadband, mobile payment,
social media, machine-to-machine (M2M), over-the-top (OTT) content and
services, and more.
Find out more about how Comverse ONE can transform your BSS into an
asset that serves as a springboard for a superior user experience and
more profitable growth.
About the CMAI National Telecom Awards
The Association of India Communication Multimedia and Infrastructure
(CMAI) is the premier organization promoting the Indian IT and telecom
sector. The CMAI National Telecom Awards honor outstanding
contributions in the fields of communication, ICT, multimedia, and
infrastructure, and provide recognition to leading players for their
contributions for the betterment of telecommunication services in the
Comverse is the world's leading provider of software and systems
enabling converged billing and active customer management, mobile
Internet, value-added and managed services. Comverse's extensive
customer base spans more than 125 countries and covers over 450
communication service providers serving more than two billion
subscribers. The company's innovative product portfolio enables
communication service providers to unleash the value of the network for
their customers by making their networks smarter. Comverse's solutions
support flexible deployment models, including in-network, cloud, hosted
and managed services. Comverse, ranked number 55 in PwC's Global 100
Software Leaders based on research by Pierre Audoin Consultants, is a
subsidiary of Comverse Technology, Inc. (Nasdaq:CMVT). For more
information, visit www.comverse.com.
Statements included or incorporated by reference in this press release
may contain "forward-looking statements." There can be no assurance
that any forward-looking statements will be achieved, and actual
results could differ materially from forecasts and estimates. Important
factors that could affect the company include the risks described in
the section entitled "Forward-Looking Statements" Item 1A, "Risk
Factors" and elsewhere in the company's Annual Report on Form 10-K for
the fiscal year ended January 31, 2012 filed with the SEC on April 2,
2012 or in subsequently filed periodic, current or other reports. The
company undertakes no commitment to update or revise forward-looking
statements except as required by law.
CONTACT: Paul D. Baker
Comverse Technology, Inc.