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LightSquared and Openet Partner to Deliver Real-Time Subscriber Controls(Market Wire Via Acquire Media NewsEdge) DUBLIN, IRELAND -- (MARKET WIRE) -- 10/05/11 -- Openet, the leading provider of Service Optimization Software (SOS) to tier one communications and media service providers, now delivers real-time subscriber controls to LightSquared, the first wholesale-only integrated 4G-LTE wireless broadband and satellite network. Through the partnership, Openet provides its Convergent Mediation and Convergent Charging offerings to LightSquared's LTE network and supports its service offering to the operator's growing base of customers. Through Openet, LightSquared will provide real-time subscriber controls to each of its partners regardless of the complexity of the service offering, giving these innovative companies the ability to differentiate via personalized plans. LightSquared's partners represent a broad range of companies including wireless carriers, national retailers, wireline providers and device manufacturers. "Partnering with Openet allows us to not only provide a unique set of services and reduce complexity for our partners, but also differentiates us as a next-generation network service provider," said Mahmood Mizra, VP Client Operations at LightSquared. "The increased demand for data on an array of devices required a partner who could support our customers' current and future business needs in a flexible, intelligent way. Openet's offerings enable a robust and comprehensive portfolio of solutions that are unmatched in the market today." Providing real-time subscriber controls for a wholesale network requires a flexible software system that can manage a high level of complexity and scale. Openet's proven performance in the market, track record of service and innovative software portfolio were key factors for securing this partnership with LightSquared. "Very rarely does this industry see a company with such a game changing model," said Niall Norton, CEO of Openet. "We believe that LightSquared will alter the wireless market landscape and pave the way for a new generation of products and services in North America. Openet is thrilled to be part of the LightSquared phenomena. Our robust, best-of-breed, solutions for Mediation and Online Charging are a perfect complement to enable LightSquared to rapidly realize their vision and vault the US broadband industry forward." For more information on Openet's mediation and charging capabilities, please visit: http://www.openet.com/offerings/software/. About LightSquaredLightSquared's mission is to revolutionize the U.S. wireless industry. With the creation of the first-ever, wholesale-only nationwide 4G-LTE network integrated with satellite coverage, LightSquared offers people the speed, value and reliability of universal connectivity, wherever they are in the United States. As a wholesale-only operator, LightSquared will deploy an open 4G wireless broadband network to be used by existing and new service providers to sell their own devices, applications and services -- at a competitive cost and without retail competition from LightSquared. The deployment and operation of LightSquared's network represent more than $14 billion of private investment over the next eight years. For more information about LightSquared, please go to www.LightSquared.com, www.facebook.com/LightSquared and www.twitter.com/LightSquared. About Openet Openet is the leading provider of Service Optimization Software (SOS) to tier one communications and media service providers, and a world leader in proven policy management solutions. To succeed, service providers in all markets must know their customers, deploy innovative business models and effectively monetize services. Openet's offerings are engineered to provide an optimal experience while minimizing cost and maximizing revenue -- making the most of every network and customer. Ranked #1 by Infonetics, Openet's Policy Manager and associated software has been deployed by operators in the United States, Europe, Asia, Africa, the Middle East and Latin America. For more information, please visit www.openet.com. Contacts: Andrea Kavanagh Openet (917) 232-2645 [email protected] Megan Lane SHIFT Communications (617) 779-1854 [email protected] Source: Openet |