WAKEFIELD, Mass., June 13, 2012 (GLOBE NEWSWIRE) -- Comverse® (Nasdaq:CMVT), the global leader in business enablement through BSS, mobile Internet, value-added and managed services, and M1 Limited (M1), a leading provider of mobile, broadband and fixed communications services in Singapore, today announced M1's selection of Comverse ONE® Converged Billing to provide its postpaid users with a wide range of new real-time benefits, such as a real-time view of consumption and comprehensive real-time account management.
Following more than 10 years as a satisfied Comverse Kenan billing solution user, M1 will upgrade to Comverse ONE to take advantage of real-time capabilities for its postpaid subscribers. With the upgrade to Comverse ONE, M1 will become the first service provider in Southeast Asia to leverage real-time rating capabilities for selected postpaid services to enhance customers' service experience, specifically in spend/budget control, whereby customers will be able to better control their usage and spending on mobile services.
Comverse ONE enables smart differentiation of data services, improving the experience of users, as well as providing real-time balance & spending management, timely notifications, and more. The infrastructure will handle converged billing of postpaid customers across the expanding range of multi-play and LTE services offered by M1.
"We are delighted to introduce and incorporate this new solution to improve our customers' user experience. M1 customers will appreciate and enjoy the convenience of real-time benefits, such as instant access to real-time information on usage and expanded control over spending," said Alan Goh, Chief Information Officer, M1 Limited.
"Comverse BSS has helped support M1's growth over the last decade in a very competitive market," said Weiming Li, Vice President and General Manager of Comverse Asia Pacific. "We look forward to our expanded partnership as this dynamic operator drives innovation, improving the user experience and customer support, capitalizing on rapid data growth, and implementing new business models to achieve ever-greater levels of success."
Click here to learn more about how Comverse ONE monetizes the new exceedingly connected telecom space.
About M1 Limited
M1 is Singapore's most vibrant and dynamic communications company, providing mobile and fixed services to over 2.0 million customers. Established in 1997, M1 achieved many firsts, including the first operator to launch ultra high-speed fixed broadband, fixed voice and other services on the Next Generation Nationwide Broadband Network (NGNBN). With a continual focus on network quality, customer service, value and innovation, M1 links anyone and anything; anytime, anywhere. For more information, visit www.m1.com.sg.
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.
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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, 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.