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Cell C Chooses Comverse ONE for Converged Rating, Billing & CRM in South Africa(GlobeNewswire Via Acquire Media NewsEdge) WAKEFIELD, Mass., Sept. 21, 2011 (GLOBE NEWSWIRE) -- Comverse, a global leader in BSS, Mobile Internet, and Value-Added Services, today announced that Cell C, a major South African mobile service provider with more than 8 million retail subscribers, selected Comverse ONE® Billing & Active Customer Management™ to support its strategic wholesale business, with an immediate focus on supporting its Mobile Virtual Network Enabler (MVNE) wholesale service branch. "Cell C has ambitious plans in the wholesale arena within South Africa," said Catherine Bieri, Executive of Wholesale at Cell C. "Comverse ONE will empower Cell C to provide our MVNO (Mobile Virtual Network Operator) base with innovative service offerings tailored to their customers' needs and brand customization, with a consistent customer experience across all touchpoints. We look forward to servicing businesses of various shapes and sizes from niche brands to large organizations, to many new MVNOs. This is an exciting time for Cell C." The Comverse ONE solution is distinguished by its extensive range of advanced MVNE capabilities that span CRM, self service, order management, rating, charging, revenue settlements and billing to support wholesale retailers and MVNO/MVNE models. Specific capabilities include data segmentation to drive branding and MVNO-specific campaigns, flexible billing models such as direct billing or billing on behalf, and configurable retailer/MVNO/MVNE specific end-to-end business processes. The robust solution helps open doors to a rich variety of business opportunities and partners for differentiation, cash flow and growth. "Cell C is way ahead of the curve, creating an ideal environment enabling MVNOs to effectively and creatively address their distinctive markets," said Franck Darmon, Comverse VP & GM of Western Europe & Africa. "Comverse ONE positions Cell C for greater wholesale business." About Cell C Cell C (Pty) Ltd is one of four mobile network operators in South Africa. It offers products and services to 8.2 million customers (as of 31 December 2010). With a network capable of providing voice, data and multimedia communications, the company is committed to delivering to subscribers a full range of services, based on the key principles of affordability, accessibility and value for money. Cell C has invested significantly in its network over the last year to expand its coverage and provide high-speed broadband access using HSPA+ technologies. For more information, please visit www.cellc.co.za. About Comverse Comverse is the world's leading provider of software and systems enabling converged billing and active customer management, mobile Internet, and value-added 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. (Pink Sheets:CMVT). For more information, visit www.comverse.com. The Comverse Technology logo is available at //www.globenewswire.com/newsroom/prs/?pkgid=7454 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, 2010 filed with the SEC on January 25, 2011 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 CONTACT: Paul D. Baker Comverse Technology, Inc. [email protected] (212) 739-1060 Source: Comverse Technology 2011 GlobeNewswire, Inc. |