WAKEFIELD, Mass., July 5, 2011 (GLOBE NEWSWIRE) -- Guyana Telephone & Telegraph (GT&T), the incumbent telecommunications service provider in Guyana, has selected Comverse's flagship converged BSS, Comverse® ONE™ Billing & Active Customer Management Solution with Comverse Mobile Internet, and Comverse HUB Voice & Messaging Value-Added Services (VAS), to power a significant business transformation that will enable it to offer unmatched service with significant OPEX reduction throughout its converged triple play (landline, mobile, Internet) portfolio.
"Our fundamental drive is to provide our subscribers with superior service. The way we achieve this in our fast-changing industry is by continued improvement to our business," said Yog Mahadeo, CEO at GT&T. "This deployment of solutions from Comverse will position us to provide a best-in-class communication experience, with agility to dramatically reduce time to market when launching new services and to grow — all while benefiting from tremendous operating cost reductions."
GT&T selected Comverse® ONE™ to benefit from a single product catalog and rating engine, efficiently uniting all subscribers (prepaid and postpaid) and all lines of business (mobile, wireline, Internet). This makes possible innovative bundles, cross services, real-time personalized promotions, rewards and more, plus significant operating cost efficiencies.
Tight integration of Comverse ONE with Comverse® Mobile Internet Hub™ promotes mobile data traffic optimization and monetization. Integration with Comverse HUB VAS solutions such as Next-Generation Voicemail, SMSC, MMS, and USSD (information over signalling channels) can advance maximization of voice and messaging assets and opportunities. This comprehensive robust linkage empowers GT&T to take full advantage of the synergies between these systems to improve efficiency, significantly reduce total cost of ownership and accelerate time to market — all while improving service and data monetization. The "out of the box" nature of the linked solutions can dramatically reduce deployment time and risk.
"Pre-eminent in BSS, mobile Internet and VAS, Comverse offers advanced technologies that can deliver true business transformation with tightly linked solutions that ideally provide communication service providers (CSPs) like GT&T with an edge for success in a competitive market now and beyond — into a future of convergence and IPfication." said Lionel Chmilewsky, Senior Vice President, Head of Customer Facing Group at Comverse. "It is yet another validation of the value of our close bond with our customers that GT&T is extending its long-term relationship with us by choosing Comverse to take their operations to the next level."
The business transformation at GT&T raises Comverse's already high profile in Latin America and the Caribbean. With one of the largest installed bases in the region, Comverse is distinguished as a top BSS solution provider. Many of the CSPs in the area are migrating to Comverse ONE to optimize benefit from the tremendous growth in mobile data.
About Guyana Telephone & Telegraph
Guyana Telephone and Telegraph Company is the incumbent provider of telecommunication services in Guyana, providing wireline, wireless, and high-speed Internet services to more than 500,000 subscribers. More information on GT&T can be found at http://www.gtt.co.gy
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, hosted and managed services. Comverse is a subsidiary of Comverse Technology, Inc. (Pink Sheets:CMVT). For more information, visit www.comverse.com.
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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 law.