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

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."

Comverse Services has been successfully transforming BSS and VAS for customers for three decades – migrating nearly three billion subscribers to more than four thousand deployed Comverse systems, implementing best practices with globally proven streamlined delivery methodology to improve business results for hundreds of service providers of all sizes around the globe.

Learn about Comverse ONE® Extended with Policy Management & Policy Enforcement and Comverse Global Services, and meet with us at AfricaCom 2013 in Cape Town, Nov 12-14.

About Comverse

Comverse is a leading global provider of telecom business solutions that enable communication service provider success in the hyper-connected world through service innovation and smart monetization. The company's proven and innovative product portfolio includes BSS, Policy Management (PCRF) and Enforcement and Digital & Value Added Services – all backed by Managed and Professional Services. Comverse's extensive customer base spans more than 125 countries with solutions successfully delivered to over 450 communication service providers serving more than two billion subscribers. Comverse's solutions are available in a variety of delivery models, including on-site, cloud, hosted/SaaS and managed services. 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 filed with the SEC on May 16, 2013 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.
CONTACT: Thomas Sabol         Comverse, Inc.         thomas.sabol@comverse.com         +1-781-224-8200

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