This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

African CSP Inks Long-Term Partnership With Comverse To Accelerate LTE Multi-Play Success

Stocks in this article: CNSI

WAKEFIELD, Mass., Nov. 11, 2013 (GLOBE NEWSWIRE) -- Comverse (Nasdaq:CNSI), a global leader in telecom business enablement, today announced that a key communication service provider (CSP) in one of Africa's largest countries has selected Comverse to become its BSS and Policy partner.

Comverse will handle consolidation and transformation of multiple legacy BSS systems to a unified Comverse BSS and Policy solution, with long-term operational, advisory and managed services to enable the CSP to optimize success of its LTE launch and advance its ambitious plans for IP/ multi-play expansion.

"The evolution to 4G/LTE technology positions this dynamic CSP for leadership as a major provider of broadband and advanced IP services to the burgeoning consumer and enterprise markets in the region," said Denis Bernaert, Comverse Senior Vice President & Managing Director of EMEA. "Combining the most advanced technologies with unparalleled global marketing expertise, partnership with Comverse enables them to deliver the best service offering and user experience available. Only Comverse was able to deliver a full solution meeting the rigorous requirements of the rapid LTE rollout within the short timeframe."

In today's connected world, tight integration between policy management, policy enforcement and BSS elements is key to success for advanced monetization scenarios. The trailblazing Comverse Unified Policy & BSS PCRF-PCEF-BSS solution brings a field-proven multi-dimensional approach to policy management that is both network- and subscriber-aware. With advantages surpassing 3GPP standards, the solution enables the CSP to expedite to market and smartly monetize a broad range of innovative services, providing a superior customer experience with personalized data plans, cross-service bundles and more.

"This solution & services agreement marks a significant new milestone in the warm relationship we have enjoyed with the customer for more than ten years – not just as a technology provider, but as a complete solution provider including marketing and consulting, 4G services and business transformation," said Bernaert. "Comverse BSS and Policy experts will work in close partnership with the customer to operate solutions, maximize utilization of the rich out-of-the-box capabilities of the Comverse solution and enable faster TTM and greater efficiency – as well as to enhance the CSP's business agility by spurring innovation and generating additional sources of revenue from new IP and multi-play converged business models."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,828.91 +11.01 0.06%
S&P 500 2,069.17 -0.24 -0.01%
NASDAQ 4,759.3290 +4.4370 0.09%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs