PRESS RELEASE

South American Operator Selects Openet for Revenue Assurance

December 13, 2006 - Openet

Dublin, Ireland and Reston, VA, 13th December, 2006; Openet Telecom, the world leader in convergent mediation, real-time charging and network-edge rating, today announced that a leading wireless operator in Central and South America has chosen Openet’s Revenue Assurance solution to address revenue leakage issues at the network edge. Based on Openet’s industry-leading FusionWorks™ Mediation product, the Revenue Assurance solution will enable the operator to detect and eliminate revenue leakage in real-time, bringing an immediate increase to top line revenue and profitability.

The scope of this project with Openet includes Mediation and Correlation for all of the Operators voice traffic with a goal of enhancing the Revenue Assurance reporting and controls for not only voice traffic, but all other types of usage as well. Some of the additional usage types that will be processed with the Openet FusionWorks solution include: Push-To-Talk traffic, SMS, MMS and Packet Data.
 
“This latest customer win for Openet illustrates the flexibility of Openet’s products to provide network-edge business solutions that increase revenue and profitability,” said Apollo Guy, Openet Vice President of Sales and Alliances for the Americas, “Openet’s Revenue Assurance solution delivers considerable more revenue to the billing system than the operator’s legacy system”
 
Openet’s newest customer provides a range of voice and data services to millions of mobile subscribers in multiple countries in Central and Latin America. The deployment of Openet’s Revenue Assurance solution will collect network usage data for voice, push-to-talk, text messaging, multimedia messaging and wireless data services and provide real-time analysis and reporting capabilities that identify and correct revenue leakage.
 
The project shall encompass multiple phases with the first being scheduled for delivery by the end of year 2006 and the final phase of this initial project scheduled to deliver in the second quarter of 2007 with multiple deliveries scheduled in the interim.

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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