Re Contract
Intec Telecom Systems PLC
05 April 2005
Intec signs agreement with major US carrier for Singl.eView convergent billing
-Multi-million dollar license and services agreement for next-generation
services and
consolidated invoicing across legacy billing systems-
London, April 5, 2005 - Intec Telecom Systems, a global provider of business and
operations support systems (BSS/OSS), announced today the signing of a
multi-million dollar license and services agreement for Intec's award-winning
billing solution, Singl.eViewTM, with a major US carrier. Singl.eView will
manage billing of the carrier's next-generation services as well as providing
consolidated billing, invoicing and reporting across its legacy billing
platforms for the carrier's strategic business customers, including global
corporations and government accounts.
This latest contract win for Singl.eView highlights a growing trend among the
world's largest operators - consolidation of multiple operational and billing
systems to reduce costs and increase customer service quality. By employing
Singl.eView as a consolidated biller across a number of legacy billing systems,
this major US communications provider will streamline its operations through
automated bill consolidation capabilities across its full service set.
"Market consolidation and increasing competition is driving many operators to
look harder at billing costs," said Kevin Adams, CEO of Intec. "Multiple legacy
systems are expensive to run and they make it hard to offer a complete and
seamless bill to customers who may have signed up for many different services.
Like other companies that have recently chosen Singl.eView as their strategic
billing platform going forwards, this major carrier will reap the benefits of
reduced capex and opex costs, improved efficiency, harmonization of disparate
systems, and the ability to effectively deliver on its managed services business
strategy."
Intec is a leading Business and Operations Support Systems (BSS/OSS) product
vendor for fixed, mobile, MVNO and next-generation networks (e.g. WLAN, 3G and
IP), with more than 680 installations of its products worldwide in 470
customers. Intec is a market leader in billing, mediation, mobile service
charging and activation systems. For the year ended 30 September 2004, Intec
reported revenues of £68.8 million, with adjusted net earnings after tax of £8.7
million.
Intec's product portfolio includes:
• Singl.eViewTM - dynamic transaction management/retail billing
• Inter-mediatETM - convergent mediation solution;
• InterconnecTTM - inter-carrier billing including US CABS and ITU-based
settlement;
• Inter-activatETM - flow-through provisioning and activation;
• InterconnecT CPMTM - end-to-end content partner management;
• InterconnecT Optimised RoutingTM - optimised wholesale routing;
• Intec DCPTM (Dynamic Charging Platform) - real-time pre/post-paid
charging
Intec's customer base includes, among others, BellSouth, BellSouth Peru, Cable &
Wireless, Cesky Telecom (Czech Republic), China Unicom, COLT Telecommunications,
Deutsche Telekom, EBT (Taiwan), Eircom (Ireland), France Telecom, Hutchison 3G,
Maxis (Malaysia), MTN (Africa), Nitel (Nigeria), Reliance (India), SingTel Optus
(Australia), O2 Ireland, Orange, Telecom Argentina, Telecom Egypt, Telecom
Italia, Tiscali, TPSA (Poland), Swisscom, T-Mobile International, Telefonica,
Telia (Sweden), Telkom South Africa, Telstra, US Cellular, Westel (Hungary),
Vodafone, VimpelCom (Russia), Virgin Mobile, Vivo (Brazil), XO Communications
and Verizon.
For more information please visit www.intecbilling.com
Press Contacts:
Intec Telecom Systems PLC
Kevin Adams, CEO +44 (0) 1483 745800
Andrew Rodaway, Director of Marketing +44 7768 808082
andrew.rodaway@intecbilling.com
Rosemary Mount (404) 705-2982
rosemary.mount@intecbilling.com
Financial Dynamics +44 (0) 20 7831 3113
Edward Bridges/James Melville-Ross/Cass Helstrip
This information is provided by RNS
The company news service from the London Stock Exchange