PRESS RELEASE

Openet Adds Eastern European Operator to Client List

October 19, 2006 - Openet

Dublin, Ireland and Reston, VA, October 19th, 2006; Openet, the leading provider of active mediation, charging and rating solutions, today announced that the leading mobile operator in an Eastern Europe country is the latest addition to Openet’s ever expanding customer list. The operator, which has nearly 2 million subscribers and controls more than 50% of the mobile communications revenue and mobile Internet markets in its home country, will use Openet’s FusionWorks™ ActiveCharge and ActiveRate solutions to deliver convergent real-time pre and post-paid charging and rating platform for voice and data services.

The operator selected Openet as part of a broader initiative to deploy convergent OSS solutions. The Openet solution speeds time to market, increases potential revenue, and reduces the cost of deploying new services by enabling convergent charging and real-time rating across all services - pre- and post-paid, voice and data, content and transport - with a single software solution.
 
“The capability of the FusionWorks™ platform to deliver converged pre- and post-paid services with unrivalled flexibility and scalability was the key to winning this account,” said Philip Hogan, VP Sales and Alliances, EMEA and APAC, at Openet. “This new relationship expands Openet’s growing presence in Eastern Europe and builds on Openet’s vast success in 2006.”
 
About Openet
 
Openet is a leading worldwide provider of event processing and transaction management solutions. The Transactional Intelligence of the company's solutions extracts increased value from diverse service provider networks, enabling rapid introduction of new services and reliable, cost-effective management of existing services. Openet is focused on delivering best-in-class network edge solutions and specialized engagement processes that create business value from network activity. A global company, Openet's implementations include long-running engagements with the world's leading service providers such as British Telecom, Orange, AT&T and Verizon Wireless. For more information, visit www.openet.com.
 

 

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