Comptel has signed an agreement to sell its Axioss software to Cisco for EUR 21.3 million. Axioss is a fulfillment solution developed by Axiom Systems, a company that Comptel acquired 2008. Comptel will continue in fulfillment business developing and selling its Comptel Fulfillment Solution.
Comptel CEO Juhani Hintikka will present the transaction in conference call today 22 August at 15.00 pm Finnish time (13.00 pm UK time). The dial-in number for UK local call is 0844 493 3800, US local call 1631 510 7498 and internationally +44 (0) 1452 555 566. Conference ID is 93055234.
The stock exchange release and the presentation on the transaction are available on Comptel’s website at www.comptel.com.
Welcome to participate in the call!
COMPTEL CORPORATION
Samppa Seppälä
Director, IR and Corporate Communications
Comptel software enables telecom operators to deliver services flexibly and charge them effectively. Comptel's wide expertise in service fulfillment, mediation and charging empowers customers to focus on delivering innovative services. Comptel has provided solutions to 280 service providers with more than one billion subscribers in 85 countries. The Group has about 600 employees worldwide, and net sales were EUR 78 million in 2010. www.comptel.com