Comverse, the world's leading supplier of software and systems enabling network-based multimedia enhanced communication and billing services, today announced that it has been selected as the recipient of the prestigious 2008 Telecom BSS Vendor of the Year award by Frost & Sullivan. This is the fourth consecutive year that Comverse has been awarded this honour, which recognises the most outstanding telecom solutions vendor in the BSS (business support systems) segment in Asia Pacific.
"Comverse's success in Asia-Pac is evident from the deployment of its solutions with the top service providers in the region, including high growth emerging markets like India and China," commented Kamlesh Kalwar, Industry Analyst at Frost & Sullivan. "Today's telecom operators need to be highly flexible and agile in order to deliver differentiated services to meet consumers' ever-changing lifestyle and enhance the customer experience. This includes having a scalable back-end and billing system that enables operators to roll-out compelling new services quickly and efficiently, while offering a single integrated billing solution and view of the customer. Comverse's converged billing suite has been able to help its customers meet this very need, empowering service providers to be versatile in today's converging communications industry," added Kalwar.
The honour was recently conferred at the 2008 Frost & Sullivan Asia Pacific ICT Awards banquet in Singapore. These awards seek to recognise companies and individuals that have pushed the boundaries of excellence - rising above the competition and demonstrating exemplary growth and performance in the ICT (Information and Communications Technology) industry across the Asia Pacific region. Contenders for the Telecom BSS Vendor of the Year Award were evaluated based on key performance criteria for financial year 2007, including revenue and revenue growth, portfolio diversity, major wins and key achievements.
"Receiving this award for the fourth consecutive year reflects Comverse's unwavering commitment to addressing the dynamic business requirements of operators in today's competitive telecom environment, as demonstrated through the exceptional efforts of our regional team and partners," said Eitan Achlow, President of Comverse Asia Pacific. "Our Total CommunicationSM portfolio of value-added services, converged billing and IP communications solutions, together with our unsurpassed level of service, have enabled Comverse to become the vendor of choice in the region and the world over."
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Frost & Sullivan, the Global Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents. For more information on the Frost & Sullivan Asia Pacific ICT Awards, please visit www.ict-awards.com
Comverse
Comverse is the world's leading provider of software and systems enabling network-based messaging and content value-added services, prepaid, postpaid and converged billing and IP communications. Comverse solutions generate revenues, strengthen customer loyalty and improve operational efficiency for over 500 communication service providers in more than 130 countries. The company's Total CommunicationSM portfolio facilitates personalised lifestyles in an evolving connected world and is based on the InSight Open Services Environment. Comverse's solutions support flexible deployment models, including in-network, hosted and managed services, and can run on circuit-switched, VoIP, IMS and converged network environments. Comverse is a subsidiary of Comverse Technology, Inc. (CMVT.PK). For more information, visit www.comverse.com.
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