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Tele2 Selects Comverse MMSC and Mobile Internet Gateway to Enhance Multimedia and Content Service Capabilities throughout Europe
WAKEFIELD, Mass. --(Business Wire)-- Comverse, the world's leading supplier of software and systems enabling network-based multimedia enhanced communication and billing services, today announced that Tele2 (Stockholm: TEL2B.ST), one of Europe's leading alternative telecom operators, has selected Comverse MMSC and Mobile Internet Gateway to enhance multimedia messaging and content services for its 24 million customers in 11 countries.
One of the reasons for Tele2's selection of Comverse is its comprehensive multi-operator MMSC environment for multiple-country systems and mobile virtual network operators (MVNOs). Comverse MMSC enables several mobile operators to share the same hardware and infrastructure components while enjoying service differentiation through application customization. The MVNO configuration provides high server utilization and added flexibility and choice to better match the specific needs of multinational groups such as Tele2.
By broadly expanding the role of MMS in applications and promotions, Comverse MMSC can spur distribution of public content and stimulate sharing of personal content. Comverse Mobile Internet Gateway can manage growing mobile data traffic for all subscribers and devices, provide an array of advanced data services in a modular offering, and give operators strong centralized capabilities: access control, user management and more.
"Comverse MMSC and Mobile Internet Gateway benefit operators by increasing capacity and laying the groundwork for exciting new best-in-class services, including music, video, games and mobile commerce. Comverse has emerged as a leader in the new generation of MMS platforms, as evidenced by the dozens of deployments, including where Comverse has successfully replaced or enhanced incumbent MMSCs," said Dror Bin, Group President of the Comverse Products Organization at Comverse.
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, mobile advertising 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 product portfolio facilitates personalized lifestyles in an evolving connected world and is based on the InSight(TM) 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 Current Report on Form 8-K 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 the Company include: the results of the investigation of the Special Committee of the Board of Directors concluded on January 28, 2008, of matters relating to the Company's stock option grant practices and other accounting matters; the impact of any restatement of financial statements of the Company or other actions that may be taken or required as a result of such investigation or as result of the Company's evaluation of the application of GAAP in connection with the recognition of revenue; the Company's inability to file reports with the Securities and Exchange Commission; the effects of the delisting of the Company's Common Stock from NASDAQ and the quotation of the Company'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 the Company's ability to relist its Common Stock on NASDAQ; risks relating to alleged defaults under the Company'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 the Company's stock option practices or any other accounting irregularities or any restatement of the financial statements of the Company, including the direct and indirect costs of such investigations and restatement; changes in the demand for the Company's products; changes in capital spending among the Company'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 the Company or its competition; risks associated with rapidly changing technology and the ability of the Company to introduce new products on a timely and cost-effective basis; aggressive competition may force the Company to reduce prices; a failure to compensate any decrease in the sale of the Company's traditional products with a corresponding increase in sales of new products; risks associated with changes in the competitive or regulatory environment in which the Company 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 the Company's ability to retain existing personnel and recruit and retain qualified personnel. The Company undertakes no commitment to update or revise forward-looking statements except as required by law.
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