RA'ANANA, Israel, August 18, 2011 /PRNewswire/ -- ? MTS - Mer Telemanagement Solutions Ltd. (Nasdaq Capital Market: MTSL), a global provider of business support systems (BSS) for comprehensive telecommunication management, telecommunications expense management (TEM) solutions and customer care & billing (CC&B) solutions, today announced the signing of a renewal agreement for its Virtual Network Operator (MVNO) and Wireless Management Solution with a large, U.S. based MVNO. MTS's MVNO Billing Solution is an advanced, convergent billing platform that handles the full customer care and billing lifecycle for service providers and virtual mobile networks. The MVNO Billing Solution offers any MVNE (Mobile Virtual Network Enabler) the opportunity to seamlessly extend and adapt their operations to support multiple MVNOs and their subscribers in any market regardless of their location and localization requirements. "The MVNE and Wireless Management business continues to grow and we managed to extend our contract through the end of 2012 with a large MVNO in the U.S., which provides for minimum total revenues of $2.5 million," said Eytan Bar, CEO of MTS. "Our MVNO Billing and TEM Suite solutions provide our customers with a scalable, end-to-end portfolio of telecom expense management and billing solutions and services." The MVNO Billing Solution supports the full customer care and billing lifecycle, including registering new customers, provisioning services, catalogue management, point of sale system (POS), robust CRM module, web self-care, fully featured rating engine, credit limit alerting, flexible billing and invoicing engine, invoice verification, payment and collection processing, partner commission and royalty management, dealer management, marketing module, and advanced dashboards and analytics. The MTS Billing solution for MVNOs also supports Dealer Point-of-Sale (POS) locations with account, inventory management (SIMs, phones, PIN, etc.), SIM activation, and plan management. The solution offers Tier 1 support services, account management and a full on-line customer self-help tool.