Comptel Corporation Stock exchange release, 4 September 2012 at 2:40 pm
Comptel Concludes Statutory Co-operation Negotiations
The statutory co-operation negotiations concerning Comptel employees in Finland have been concluded today. As a result of earlier announced cost saving activities to improve profitability and competitiveness, the company has decided to reduce16 people to whom Comptel will offer a compromised agreement as an alternative.
Comptel will provide outplacement services for the employees whose employment discontinues.
COMPTEL CORPORATION
Juhani Hintikka
President and CEO
Distribution:
NASDAQ OMX Helsinki
Major media
Since 1986, Comptel has helped more than 280 service providers across 85 countries meet over one billion subscribers’ communications and infotainment needs. Comptel’s solutions are built on an event–analysis–action strategic framework that leverages the company’s strengths in event data processing and advanced predictive analytics to enable real-time action. Comptel’s service fulfillment, mediation, charging and policy control, and predictive social analytics products with implementation and professional services enable service providers to enhance customer engagement and, in turn, create revenue, reduce costs and lessen churn. Comptel has a global team of nearly 700 professionals, and net sales were EUR 77 million in 2011. For more information, visit www.comptel.com