WAKEFIELD, Mass., May 14, 2012 (GLOBE NEWSWIRE) -- Comverse® (Nasdaq:CMVT), the global leader in business enablement through BSS, mobile Internet, value-added and managed services, announced today that it has won top honors as India's Largest BSS Vendor at the National Telecom Awards 2012.
The award was presented by Dr Hamadoun Touré, Secretary General of the International Telecommunication Union (ITU) based in Geneva, on behalf of the Association of India Communication Multimedia and Infrastructure (CMAI), with the official support of the government of India. Prominent Indian government ministers and top executives of leading Indian operators attended the event.
"The only way to become the BSS leader in a market as huge and dynamic as India is by offering a solution that empowers operators to deliver the best user experience, monetize any service bundle, and compete effectively. Among the first in the Indian market when mobile was launched there, Comverse has enabled operators to grow at incredible rates," said Roni Levy, Senior Vice President, Head of BSS at Comverse. "We are proud to be the choice of so many Indian operators. This trophy will occupy a place of honor among our awards for excellence and achievements in technology, strategy and industry leadership."
In addition to capturing the largest BSS market share in India, Comverse is a global leader in converged billing, drawing from nearly 30 years of leadership adding value to operator systems worldwide through our market-leading BSS and in-network solutions.
Comverse's flagship Comverse ONE® Billing and Active Customer Management solution is the first single-system converged BSS that unifies critical business functions – from policy (management & enforcement) to telco-specific CRM, to charging and billing. This approach removes complexity, increases efficiency, and enhances business agility, accelerating time to revenue for new business models and attractive opportunities in mobile broadband, mobile payment, social media, machine-to-machine (M2M), over-the-top (OTT) content and services, and more.
Find out more about how Comverse ONE can transform your BSS into an asset that serves as a springboard for a superior user experience and more profitable growth.
About the CMAI National Telecom Awards
The Association of India Communication Multimedia and Infrastructure (CMAI) is the premier organization promoting the Indian IT and telecom sector. The CMAI National Telecom Awards honor outstanding contributions in the fields of communication, ICT, multimedia, and infrastructure, and provide recognition to leading players for their contributions for the betterment of telecommunication services in the country.
About Comverse
Comverse is the world's leading provider of software and systems enabling converged billing and active customer management, mobile Internet, value-added and managed 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, cloud, hosted and managed services. Comverse, ranked number 55 in PwC's Global 100 Software Leaders based on research by Pierre Audoin Consultants, is a subsidiary of Comverse Technology, Inc. (Nasdaq:CMVT). For more information, visit www.comverse.com.
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, 2012 filed with the SEC on April 2, 2012 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.